News
China, Africa using more RMB for direct trade settlements
China, Africa using more RMB for direct trade settlements
Bank of China says more direct RMB settlements needed.
US$474 million needed to buy Vietnamese banks' NPLs
Bad debt bank will issue special bonds.
Mizuho looking at dividend hike and share buyback
But only if profit permits.
BoCom partners with global M&A adviser
Will focus on Chinese companies.
SBV issues plan to restructure commercial banks
Nine weak commercial banks are targets.
Major senior management reshuffle at MAS
Shake-up aimed at strengthening the central bank’s leadership.
South Korea maintains policy rate at 2.5%
Has major concerns about major downside economic risks.
Islamic banking conference to be held in Dhaka
Conference sponsored by Malaysia and Bangladesh.
Philippines’ China Bank posts H1 profit of US$68 million
Up 46% year-on-year on better core operations.
11 new Executive Directors for Indian public sector banks
Ministry of Finance issues order for promotions.
Vietnamese central bank to hold stakes in weak banks
State Bank of Vietnam will then restructure banks.
Metrobank's extraordinary gains for 2013 reaches PHP10.6b
Thanks to the sale of its 49% stake in GBP.
Analyst worried over UOB's property exposure
Housing loans account for 28% of UOB’s portfolio.
SBI fined US$9,000 for violating currency chest norms
Second penalty in two months for State Bank of India.
Philippines’ Banco de Oro in alliance with seven Japanese banks
To support Japanese SMEs investing in the Philippines.
SEA CFOs bullish about Asia’s growth prospects
Eight in 10 see revenue growth.
StanChart H1 net profit plummets 24%
Businesses in emerging Asian markets experiencing slower growth.
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