News

Korean banks' earnings to fall short of consensus estimate

Blame it on additional provisioning to meet tighter FSS guidelines.

Korean banks' earnings to fall short of consensus estimate

Blame it on additional provisioning to meet tighter FSS guidelines.

Chinese banks’ new loans may soar by 83%

Here’s how the 4 big banks drive the momentum.

Three banks want Rabobank's Indonesian unit

Industrial and Commercial Bank of China seeks strong presence in Indonesia.

S. Korean banks to lend more to smaller firms in 2013

Eighteen Korean banks are planning to lend a combined 30.8 trillion won to SMEs this year.

Hong Leong Bank unveils new Wise credit card

Cardholders can have up to 10% cash back benefit.

Delaying Basel III implementation a boon for Korean banks

It's a missed opportunity for Korea to strengthen its bank regulatory framework, says Moody's.

Malaysian Islamic finance sector gains global ground

Malaysia’s Islamic finance services sector now boasts of the world’s largest sukuk market.

Yes Bank, IndusInd target Indian retail assets of RBS

Yes Bank and IndusInd Bank are negotiating to acquire Royal Bank of Scotland's Indian retail assets.

Online banking fraud in Malaysia on the decline

Efforts by Malaysian banks to ensure the safety of e-banking services are paying off.

Indonesian credit card issuers brace for tougher competition

Credit cards in circulation in Indonesia is expected to grow by around 17 million this year.

Myanmar to reform banking system

Myanmar has set its sights on overhauling its battered and distrusted banking system.

China to use forex reserves for commercial loans

China has set up an office to handle trusted loans of foreign exchange reserves.

Improved access to credit urged in Thailand

Thai experts wants reduction of people's dependence on loan sharks be pushed on to the national agenda.

Competition in Korean card industry intensifies

Woori Financial will spin off its credit-card unit.

Thailand's TMB Bank slashes NPLs, eyes profitability

TMB Bank is now focusing on return on equity and sustainable profitability.

Singapore banks' mortgage loans to grow by 8% in 2013

Thanks to natural new home buyers and HDB upgraders.