News
RBS starts shutting down in India, to lay-off 1,000
RBS will be laying-off some of its 1,000 employees as it winds down retail and commercial business in India.
RBS starts shutting down in India, to lay-off 1,000
RBS will be laying-off some of its 1,000 employees as it winds down retail and commercial business in India.
Vietnam bank profits shrink in 2012 due to loan loss provisions.
Many Vietnamese banks failed to achieve their profit targets in 2012 due to bad loans.
Malaysia to reform Islamic banking industry
Goal is to double Islamic banking’s market share to 40%.
Zhou to stay on as central bank boss
Media reports are swirling that Zhou Xiaochuan will keep his job.
Maybank ups Q4 profit by 16% on higher loans, fee income
Maybank reported a 16 percent rise in quarterly profit, bolstered by higher net loans, advances and fee income.
Indonesia to allow state lenders to own multiple banks
Indonesia may allow state banks to have majority ownership of more than one lender.
Indonesia should strictly limit foreign ownership in its banks
The limit should be 49% and not 99% as proposed.
AmBank Group's pre-tax profit up in Q3
The AmBank Group experienced a surge in pre- tax profit for the third quarter ended Dec 31, 2012 to to RM504.31 million.
India urges China to broaden banking ties
Its aim is to reduce financial barriers in order to create a more conducive environment for companies.
Philippines reviewing new liquidity management tool
The Philippines is eyeing a tool is that provides deposit and lending facilities and ensure sufficient money supply.
Philippines' UCPB posts 22% net income increase
UCPB registered a net income of P3.73 billion for 2012 boosted by its loan protfolio and trading and securities earnings.
Public Bank's return on risk weighted assets to decline 2.2% over the next 2 years
Blame it on declining margins.
3 possible reasons why Malaysian banks are the laggards of the region
They have underperformed significantly vs their Asean peers.
Zeus Trojan returns to victimize Japanese banks
The Trojan that began stealing banking information in 2007 resurfaces in Japan.
Indonesia has the most profitable banking system in ASEAN: Nomura
Its ROA is forecast to reach 2.7% in 2013F.
Bank Danamon's CASA portion improves to 47% of total deposits
But growth wasn't fast enough that LDR reached 101%.
OCBC to aggressively boost growth in Indonesia, China
It now has 350 branches in Indonesia.
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