Commentary

Optimizing credit strategies to manage the impact of Basel III

Whilst there was general agreement on the need to reform the global financial system after the 2007 financial crisis, the impact of the revised regulations published in 2009 by the Basel Committee on Banking Supervision (BCBS) has been felt far and wide.

Optimizing credit strategies to manage the impact of Basel III

Whilst there was general agreement on the need to reform the global financial system after the 2007 financial crisis, the impact of the revised regulations published in 2009 by the Basel Committee on Banking Supervision (BCBS) has been felt far and wide.

3 reasons why Asian treasurers must ditch the spreadsheet

A recent study reveals that corporate treasurers are most concerned about liquidity and funding. But should this really be their biggest worry?

A quick guide to Shanghai's financial workforce

Western candidates wanting to work in China’s banking capital, Shanghai, should first get to grips with how regulatory change is creating an increasing number of niche jobs for foreigners.

What you must know about Islamic banking in Bangladesh

Islamic banking operates with the same purpose as conventional banking except that it operates in accordance with the rules of Shari’ah, known as Fiqh al-Muamalat (Islamic rules on transactions).

Why Asian banks must revamp their SME divisions

The latest strategy to aggressively grow unsecured loans to the SME segment, underpinned by the hopes of earning mega bucks to make up for the falling margins is bold but could well be the cause for the next disaster.

What you need to know about ADB's trade facilitation program

Asia Development Bank(ADB)'s latest news shows that its Trade Facilitation Program ( TFP) will increase trade volume of USD 1.2 billion among some difficult member countries due to the cooperation with OFID. It will stick to the traditional LC or banks' guarantee as trade facilitation tools to assist SMEs in emerging countries . Trade Facilitation Program , a product using LC and guarantee to promoting trade among commercial banks, was initiated by European Bank of Reconstruction and Development (EBRD)whose mission is to assist its 29 member countries to quickly develop their economies in order to not falling back to communism after the collapse of Soviet Union in 1991.

How to rise from the ashes of the Arab spring to grow business

With political turmoil and economic upheaval in many parts of the world, the need for closer interaction and trade between Muslim and non-Muslim countries has never been greater.

Lack of trust is damaging Asian retail banks

Asian retail banks face a serious problem: People lack confidence in them. Too often, potential customers remain unbanked or meet their financial needs elsewhere.

How we can rise from the ashes of the Arab spring to grow business

With political turmoil and economic upheaval in many parts of the world, the need for closer interaction and trade between Muslim and non-Muslim countries has never been greater.

A call to review Asian banking industry strategies

The global financial and economic meltdown has created a new world with its own array of threats, opportunities and sustainability factors which call for fresh thinking to capitalize new horizons, damage control and preempt fallouts.

Reserve Bank of India’s payment system gambit

While the world was engrossed in watching the LIBOR scandal unfold recently and banks across the world were reviewing every index with palpitation, an important development came up in India.

Insights from central bankers at SIBOS 2012

I was at SIBOS, Osaka, Japan, last week, and it was a pleasure to meet several bankers across the world. Moreover, as the event was held in the Asia Pacific, there was a very good representation from the Asian Banking and Finance Community–a very good blend of banks, IT vendors, regulators, monetary agencies, Clearing and Settlement houses, depositories, and so on.

In private equity, China is (still) the next big thing

The US and European Private Equity (PE) industry has taken repeated hits after the escalation of the financial crisis in September 2008. LBO markets came to a halt through banks’ inability and unwillingness to lend.

The rise of wealth management in India

Indian Wealth Management sector is growing at a phenomenal pace. Most of the prominent financial services firms in the country have set up private client verticals to be a part of this growth story.

Why changing the mindset is as vital for banks as knowing the customer

It’s fair to say that, at the moment, consumer protection high on the agenda of many national regulators and central banks. The global financial crisis has severely dented consumer trust, with the most recent scandal – the LIBOR rate manipulation – dealing a further blow to consumer confidence.

The “Bailout” blame-game

The game begins when the Federal Reserve System allows commercial banks to create checkbook money out of nothing. When such a loan is placed on the bank's books it is shown as an asset because it is earning interest and, presumably, someday will be paid back.

How to keep critical systems running in capital markets

Erroneous software sometimes play havoc in Capital markets. In 2012, the NASDAQ and other global stock exchanges were affected due to erroneous software not once, but thrice within a period of just three months!