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Philippine banks will pool up to US$1 billion to finance projects under the public private partnership initiative of the government.

Loans given by Philippine banks’ foreign currency deposit units increased 23 percent year-on-year to $7.768 billion as of end-June.

Public Bank pegged its domestic loan growth for 2013 at 12 percent.

Bank Simpanan Nasional will appoint 5,000 banking agents over the next three years to enhance banking convenience to rural residents.

A regional bank in Gifu Prefecture now allows customers to withdraw cash, make deposits and check account balances through simple palm scans.

Bank of Ayudhya has launched a mobile credit-card-payment service for small merchants that does away from using expensive card readers.

To ease a liquidity thirst before a week-long holiday injected the largest daily amount of money into the banking system via open market operations.

South Korea's central bank has developed an analysis tool to assess for systemic risks of local banks.

The New York branch of state-owned Bank Negara Indonesia booked net profits of US$1.37 million from credit issued in the first eight months of this year.

Korean banks are intensifying its warnings to customers about a new kind of financial fraud via mobile text messages.

A high official of China's central bank called for more financial cooperation with members of the Association of Southeast Asian Nations.

Bank International Indonesia Finance Center expressed confidence that it will meet its target to boost outstanding loans to Rp 9 trillion ($943 million) next year.

The Executive Board of the Asia Commercial Bank has accepted the resignation of its three members, Chairman Tran Xuan Gia for health reason and Vice Chairmen Le Vu Ky and Trinh Kim Quang for personal reasons.

Vietnam's total interbank trading value in dong reached approximately 89.474 trillion dong.

Malaysia's central bank has given Affin Holdings permission to negotiate with DRB-Hicom on Bank Muamalat sale.

The creation of an Islamic bank is in the pipeline for DRB-Hicom provided it succeeds in paring down its stake in Bank Muamalat Malaysia Bhd to Affin Holdings Bhd.