News
Gov’t support dispels big impact of new rating criteria to AsiaPac banks
Gov’t support dispels big impact of new rating criteria to AsiaPac banks
And the outlooks on 79% of the banks in the region are stable under the new criteria.
Standard Chartered to increase financing for Indian companies
According to Bloomberg, StanChart ranks third in Indian mergers advisory this year.
Woori should not be bought by private-equity funds: Lee
So as to avoid the mistake that happened when Lone Star Funds acquired Korea Exchange Bank, said Lee Jae Sool.
People's Bank of China to create $300b investment vehicle
According to Reuters, the vehicle will target investments in the US and Europe.
China headed for a banking crisis
61% of global investors predict that the country will face a crisis within the next five years.
Hong Kong banking bill 2011 amendments to be gazetted
Hong Kong's Banking Bill 2011 will be gazetted on December 9.
Bank Islam expects improved Q4 results
Bank Islam expects better fourth quarter results ending Dec 31, said managing director Datuk Seri Zukri Samat.
Bank Islam to expand in Indonesia, Bangladesh
Bank Islam is eyeing opportunities for expansion in Indonesia and Bangladesh.
Maybank targets to lead region's electronic banking transactions
Newly launched Maybank eCustody to provide the "final link" in the group's overall electronic banking offering to clients.
DBS mulls adding staff by 10%
The lender aims to take advantage of yuan's rise to become major offshore trader of the currency.
Three Vietnamese banks get approval to merge
Ficombank, Ting Nghia Bank and Saigon Commercial Bank have received approval to merge.
Bangkok Bank to open 4 more Malaysian branches
Bangkok Bank will opening another four branches in Malaysia by 2016, says CEO Robert Loke.
Court rules against ANZ on late credit card fee charges
Australia's Federal Court has found late fees charged on the cards could be characterised as a penalty and may be legally unenforceable.
Australia’s 4 largest banks downgraded under new S&P criteria
Four of Australia's biggest banks were downgraded by Standard & Poor’s under its revised criteria.
Most Australians saving regularly: ANZ report
Australians’ savings levels have increased to their highest since ANZ began measuring financial literacy in 2002.
BIDV offers low-interest loans for exporters
BIDV will provide a package of preferential loans worth VND5 trillion or US$240 million to boost exports in select sectors.
Techcombank to support SMEs with German loan
Techcombank will use a long-term loan from the German Investment and Development Company to assist small and medium-sized businesses in Vietnam.
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1. Union Bank of Taiwan and Bank SinoPac enable JCB contactless payments 2. Vietnam banks leverage data, AI, and digital trust to capture customers 3. SMBC sells MANUBANK’s commercial banking unit to US’ Bank of Hope 4. Vietnam lenders shift to behavioural data to judge loan applicants 5. Governance and trust to drive Vietnam’s financial sector growthResource Center
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