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Moody’s lauds Philippine regulations encouraging mergers
Moody’s expects regulations encouraging consolidations in the smaller sector of the Philippine banking industry to improve the credit standing of big banks.
Moody’s lauds Philippine regulations encouraging mergers
Moody’s expects regulations encouraging consolidations in the smaller sector of the Philippine banking industry to improve the credit standing of big banks.
Bank of Communications gets nod for private placement
The Bank of Communications has received approval from regulators to complete its private share placement.
India seeks clarification of HSBC, Stanchart's Iran transactions
Indian agencies are gathering all details about lapses by HSBC and Standard Chartered's outsourcing jobs in complying with money laundering and terror financing regulations.
Thai finance minister urges banks' recapitalisation
Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong encouraged Thai banks to recapitalise to cope with growing loan demand ahead of the activation of the Asean Economic Community in 2015.
Korea's household loan growth hits 4-month low
Household loans among South Korean banks grew at the slowest pace in four months in July as the growth of mortgage lending eased.
BNI to spend $106M for computer systems upgrade
Bank Negara Indonesia earmarked $106 million improve its information technology system.
StanChart India's DRs down 7.4%
Threats to strip Standard Chartered ofits state banking licesnse pulled down its Indian depositary receipts by 7.4 percent.
Maybank targets double-digit growth for prepaid cards
Maybank expects to issue 10,000 prepaid cards within the next 12 months as it targets double-digit growth in the sector within three to four years.
Asia-Pacific banks warned against credit growth-related stress
Philippine banking sector's exposure to failure due to excessive lending remained low, according to Fitch.
Here's why investment bankers have raised hackles of retail banks
A London-based banking analyst will give a glimpse on what's going on in universal banks.
CBA claims BankWest takeover helped Australian economy
The Commonwealth Bank of Australia says its acquisition of BankWest maintained public and investor confidence in the stability of the Australian financial system.
Australian banks accused of cheating on home loans
A consumer advocate has accused Australian banks before a Senate inquiry of providing home loans to those who can't afford home loans, and tampering the paperwork to make it look okay.
King’s Bank chairman denies plans to sell to Cathay Financial
Reports of plans by Cathay Financial to acquire King’s Town have been described as inaccurate by the latter's Chairman.
BDO to establish a $2B EMTN program
BDO will establish a US$2 billion Euro Medium Term Note program and to retire P10 Billion of Tier 2 debt by November 2012.
Noppen hosts its first Financial Data Center Conference
The event was held on July 19th & 20th at the Double Tree by Hilton Hotel in Shanghai, China.
Household loan growth hits 4-month low among Korean banks
Household loans grew at the slowest pace in four months in July among South Korean banks as the growth of mortgage lending eased amid a tepid property market.
Bank DKI expands in Surabaya
Bank DKI plans to open a branch in Surabaya this month, according to its president director Eko Budiwiyono.