News
More than 58% of payments value between Luxembourg and China, HK now RMB-denominated
It was only 42% in July 2012.
India to introduce four-tier banking structure
Will promote financial stability and resiliency.
Hong Leong Bank reports higher earnings
Describes operating results as commendable.
Corporate bond approvals in China decentralized
Centralization causing delays and inefficiency.
Kasikornbank's 4Q13F earnings feared to drop significantly
Are KT expenses to be blamed?
BOCHK expected to report 1H13 profits of HK$11.3b
It's largely flat compared to 1H12.
Agricultural Bank of China records highest profit growth among big 4 banks
Net profit in 1H13 was RMB92.4b.
DBS/POSB strongly urge cardholders to upgrade to chip cards
Allots $1.2m in prizes for early upgraders.
China close to permitting certificates of deposit
Seen as another key step towards liberalization.
Philippine banks face more mergers
Driven by approaching ASEAN economic integration.
China orders banks to cut investment in local government bonds
Another move to curb massive local borrowings.
China Construction Bank's NPLs likely to rebound in 2H13
But CCB can maintain steady asset quality.
Maybank Kim Eng, State Securities Commission ink deal on Vietnam securities market
The 3-year agreement will strengthen the market.
Hong Leong Bank branches out into Cambodia
Opened first Cambodian branch in Phnom Penh.
Bank of China pioneers electronic trade finance platform via Bolero
It's a move facilitated by RBS.
CIMB Group's net profit up 15.1% to RM2.44b in 1H13
Thanks to strong performances in Malaysia and Singapore.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer