News

Axis Bank to open first branch in China

Will also be the first Indian private sector bank branch in China.

Bank Danamon eyeing wholesale banking business expansion

Corporate lending is only 11% of its loan book.

Philippine banks' real estate exposure reaches PHP821.7b

It surpassed the 20% cap on real estate loans.

SMFG invests US$1.52 billion in Indonesian bank

Will acquire a 40% stake in PT Bank Tabungan Pensiunan Nasional.

Bank Danamon to distribute US$124 million dividend

Amount is equivalent to 30% of net income last year.

Top Chinese banks flunk government audit

Two Big Four banks cited for improper financial management.

Bank loans fall 33% in April

Money supply rises 16.1%, however.

Big Four stop doing business with North Korean bank

Increases pressure on North Korea to abandon nuclear power program.

Standard Chartered records slowest revenue growth in 10 years

Guess where the 5% drag on Group revenues came from?

China enters into currency swap arrangement with Pakistan

Was implemented May 7 after issuance of necessary instructions to banks.