In Focus
Twenty six firms apply for new Indian baking licenses
New licenses to be granted by March 2014.
Singapore banks' loan to deposit ratio rose to 99.8%
It's another record high since 1999.
Vietnamese banks reluctant to participate in government's US$1.43b loan program
They fear vague lending regulations.
Some ICBC and BOC branches refuse to lend
Unable to meet loan-to-deposit requirements.
PBOC denies existence of credit crunch
Promises stability and support for banks.
PBOC urges banks to boost liquidity management
Bankers now worried over a potential Chinese financial crisis.
MUFJ fined US$250 million for breaking financial sanctions
New York State claims bank did business with Iran, Sudan and Myanmar.
Why Korean banks will still suffer from asset quality pressure
Ugly months are looming.
“Banking University” could rise in Singapore
BNP Paribas plans banking university to raise level of financial services skills.
China’s cash squeeze worsening
Liquidity shortage the worst in seven years.
Dearth of professionals limiting Islamic financing’s growth
The industry is short of 30,000 people.
India strengthening Exim Bank
Adds US$517 million to finance exports of heavy industry goods.
China banking system’s net forex purchases plunge 340%
Capital inflows suggest renminbi appreciation.
Hong Kong residents investing more in RMB products
RMB assets to rise to 32% of their portfolios.
Check out how Japanese megabanks will comply with new law
Will seek approval from shareholders this month.
M&A binge predicted for Philippine banks
Will be led by mid-sized commercial banks.