News
China’s financial system remains healthy
China’s financial system remains healthy
Spanish bank expects non-performing loans to rise gradually, however.
BPI launches agriculture loan program
It has a US$441m agriculture portfolio.
BOC finally sold to CIMB for US$279m
58% of BOC is now CIMB-owned.
BOJ prods banks to hike businesses lending
Launches new, low-interest lending program.
ICICI Bank launches “HiSave”
Pays market-leading rate to selected savers.
Taiwan boosts position as offshore renminbi hub
Deutsche Bank becomes first foreign bank to raise renminbi in Taiwan.
New RMB loans down to RMB 667b in May
Growth was offset by the low ST corporate loans.
More Philippine banks to list on PSE
Financial sector outperforming the main PSE index.
Citi launches Virtual Card Accounts in 6 Asian markets
Including Singapore, Malaysia, and South Korea.
These are the 5 key priorities for Asia Pacific treasurers over the next 2 years
Cash flow forecasting is the primary challenge.
Indonesian sharia banks head for the Philippines
Philippines asks Indonesia for assistance.
New Chinese bank loans fall 9%
Drops to US$107.6 billion in May.
Shanghai to trial renminbi convertibility
Intends to to test convertibility at the Qianhai zone.
China extends freeze on IPOs
Continuing hike in bad loans forces extension.
Axis Bank, IFC increasing trade finance for Indian SMEs
Will provide partial or full guarantees covering clients' payment risk .
SMBC dumps Barclays holdings
Says divestiture will improve its "capital efficiency".
India gives new banks more time to set up
Adds six months to start-up time.
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