News
Indonesia’s Bank Jabar to acquire 51 small banks
Bank Jabar plans to buy a majority stake in 51 rural banks this year to tap the potential of small and micro businesses.
Indonesia’s Bank Jabar to acquire 51 small banks
Bank Jabar plans to buy a majority stake in 51 rural banks this year to tap the potential of small and micro businesses.
S. Korean banks warned against loan defaults
Loan delinquency rates have accelerated in Korea, making it imperative for lenders to better manage their loans.
Cathay United Bank to acquire Cambodian bank
Cathay United Bank will purchase 70 percent of the Cambodia-based Singapore Banking Corp. Ltd.
BSN's new service helps bring deals worth $15.8M
BSN posted over 600,00 transactions nationwide worth RM50 million or US$15.8 million since introducing its Banking Beyond Branches service in January.
Competition among small and big Chinese banks increasing
Small Chinese banks are taking away business from their bigger, state-owned rivals with simple offerings such as higher interest rates.
China to relax limits on lending
China's central bank implemented an interest rate cut by 25 basis points, the first reduction since the end of 2008.
China's first tech-focused bank to open in Shanghai
The first bank in China focusing on technology companies will start operating in July.
Shinhan Card market share eroded
Shinhan Card’s supremacy in the credit card market has eroded due to the aggressive marketing from rivals.
Liberalization to stoke volatility in China's banking sector
The stable policy environment that is the foundation of stability in China's baking sector is under threat.
S. Korea’s Woori to buy 33% stake in Indonesia’s Bank Saudara
Woori Bank plans to buy a 33 percent stake in a small Indonesian bank.
Pakistan's central bank wants more focus on SMEs
State Bank of Pakistan Governor Yaseen Anwar wants banks to prioritize SME banking and ensure the uninterrupted flow of finances to SMEs.
China's 'city commercial banks' post good results in 1Q12
The banks recorded total assets of US$1.62 trillion with deposits at US$1.1 trillion during the first quarter.
India encourages banks to salvage junk assets
The Indian government wants has created new rules to encourage state-owned banks to salvage junk assets.
Indonesia eyes more measures to ease rupiah volatility
Indonesia is planning to introduce more monetary measures to ease volatility.
Malaysian and Indian banks broker deal to boost trade
Malaysia-India trade stands to improve with the recent deal among a Malaysian and two Indian banks.
Police tells Malaysian banks to set up security system for ATMs
The Malaysian police suggested that banks set up a central security control system to monitor every ATM to detect any undesirable activities.
Korean banks eye customers from overseas
Korean banks are luring foreign customers as a consequence of an increasing number of workers from abroad and marriage immigrants.
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