Lending & Credit

Indian and UK financial regulators forge stronger alliance

HSBC’s admission to money laundering for criminal syndicates compels regulators from both countries to exchange more information.

Indian and UK financial regulators forge stronger alliance

HSBC’s admission to money laundering for criminal syndicates compels regulators from both countries to exchange more information.

CITIC to acquire CLSA Asia Pacific Markets

CITIC Securities Company Ltd is about to complete the acquisition of Credit Agricole’s Hong Kong-based brokerage for US$1.25 billion.

China in for short-lived economic recovery

Positive growth metrics mask the uncomfortable reality that a recovery of China’s economy in the second half will be temporary.

Bank TPN's net income up 57.4%

Bank Tabungan Pensiunan Nasional's net income increased by 57.4 percent to Rp 921 billion or $98 billion in the January-June period.

14 Vietnam banks make 62% of bad bank debts

Vietnam's 14 biggest banks accounted for as much as 62% bad debts of the whole banking system, based on yet another research report.

HSBC India found deficient vs laundering, terror financing

The staff of HSBC India have come under the scanner for deficiencies in acting as "offshore reviewers" against money laundering and terrorist...

Kasikornbank's earnings buoyed by loans, NIM

Kasikornbank reported a 4.22 percvxvcent in its consolidated second-quarter net profit of Bt9.4 billion.

Korean banks probed for fixing CD interest rates

Nine major South Korean banks arebeing investigated by the Fair Trade Commission on suspicion of colluding to fix the interest rates on certificates...

Singapore loan growth to taper off to 8% in 2012

UOB's loan growth is also like to trend towards the lowteens of 10-12%.

Policy measures needed to boost liberalization

China’s recent credit liberalization could be endangered by lax fiscal policies.

RBS pulls out of Singapore Libor panel

Royal Bank of Scotland pulled out of a Singapore panel setting interbank lending rates.

China’s interest rate liberalization to hit bank profitability

Free market interest rates will hurt China’s banking sector but are inevitable.

Rich banks not lending enough money to real economy

The People's Bank of China insists that China’s cash-flush banks lend more money to productive sectors of the economy.

Indonesia expects slower lending growth

A slowdown in exports and a new lending rules will hobble lending growth by Indonesia's commercial banks in the second half of the year.

India banking sector slows on sputtering economy

Banks' credit grew just 1.2% in the first quarter of the fiscal year that began in April.

Nirvana Venture buys TranServ stake

Nirvana Venture Advisors has picked up an equity stake in TranServ, a prepaid payments program manager.

More credit loans eyed for Vietnam businesses

Senior experts made online discussions of ways of handling low growth of credit loans in Vietnamese banks.