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Thailand to have renminbi clearing bank
Will help boost trade settlements renminbi.
Nomura Singapore takes stake in Karnataka Bank
Pays US$2.1 billion for 1.17 million shares.
Bank of Beijing offers faster tourism loans
Caters to rapidly growing tourism market in China.
Maybank Singapore launches Islamic auto finance
It’s another industry first.
Malaysia, UAE partner to boost Islamic finance
Central banks sign an agreement to this effect.
India asks for assured financing for development projects
Asks that special windows for ensuring finance be created.
China to establish RMB clearing bank in Thailand
China is Thailand's largest trading partner.
ABN AMRO opens first SIP desk in Asia in Singapore
SIP transactions will be facilitated via Icestar.
Standard Chartered completes its seventh RMB cross-border lending deal
It's a CNY 2.5b deal for Nokia Siemens Networks China.
Hang Seng Bank declares interim dividend of HK$1.10 per share
It'll be payable on Thursday.
Standard Chartered RMB globalisation index up 1.8% to 1,148 in August
Growth was weighed by falling RMB-denominated payments.
Wing Hang Bank rewards new investment account customers with special rates
Offers brokerage fee at $0.
Japan’s monetary base hits record high
Rose 43% on Japan’s monetary easing.
HDFC Bank to double branches in Chhattisgarh
Wants to have 74 branches by FY 2014.
CITIC working on China's first real estate securitization
Has to consolidate its capital base.
Philippines will welcome more Chinese investments
This despite strained diplomatic ties.