News
Banks to answer for fake ATM notes in rural India
India wants to change the law that makes the holder of counterfeit currency responsible.
Banks to answer for fake ATM notes in rural India
India wants to change the law that makes the holder of counterfeit currency responsible.
Indonesia's BCA raises $207-M from stake sale
Bank Central Asia raked in $207 million from treasury stock sale to the Credit Suisse Group in Hong Kong.
Thai banks' household loans under watch
The Bank of Thailand said it was keeping a close watch on credit for the purchase of cars and condominiums.
State Bank of India shifts lending power to branch managers
State Bank of India is giving up its half-a-decade of centralised loan processing.
You won't believe how impactful India's 3 newly-enacted banking bills are
Scope for foreign bank entry will be widened, among others.
Standard Chartered RMB globalisation index posted a new high in December
Thanks to a rebound in CNH deposits in Hong Kong.
ICBC Singapore now authorised as the clearing bank for RMB
ICBC was granted QFB privileges in 5 October 2012.
OCBC's 4Q12 net profit expected to decline 13%
But strong GEH results will offset revenue impact.
PSBank reports 14% net income growth in 2012
Attributes it to increases in loans and investment portfolio.
East West bank introduces own debit card
New card suitable for families of Overseas Filipino Workers.
Thai banks post Bt173-B net profit in 2012
Thai commercial banks increased their combined net income by 21 percent to Bt173 billion in 2012.
KB Financial Q4 net dips 2.42% on falling margins
Weaker profit margins and interest income pulled KB Financial's fourth-quarter earnings down from a year ago.
Shinhan's Q4 net earnings dip 17.1%
Shinhan Financial's weaker fourth quarter came as it suffered losses in its NIM, mainly from derivatives investment.
DBS' restructuring in Hong Kong pays off
Net profit increased 25%.
Bank of America Merrill Lynch launches CashPro Accelerate reporting solution
It's now available in 12 markets across Asia Pacific.
Japanese mega banks' overseas loans book to grow 10%-20% per annum
But Fitch warns it will be a 'selective' growth.
Standard Chartered Taiwan completes nearly RMB6b worth of RMB transactions
That's only a day after domestic banks became eligible to offer RMB-related services.
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