Lending & Credit
New Chinese bank loans fall 9%
Drops to US$107.6 billion in May.
Shanghai to trial renminbi convertibility
Intends to to test convertibility at the Qianhai zone.
China extends freeze on IPOs
Continuing hike in bad loans forces extension.
India moves against rising restructured debt risk
Orders banks to boost reserves to 5% from 2.75%.
What Asian banks need to know about customers' trust and fair treatment (Part 2)
In Part Two of a special series of reports regarding conduct risk and consumer protection regulations, we continue with a brief history on the...
More countries use RMB for more than 10% of their payments with China and Hong Kong
There are now 47 countries worldwide.
Singapore eager for more renminbi business
First MAS representative office in Beijing good for commercial banks.
China's shadow banking danger to escalate in 2015
Moody's sees no immediate meltdown in China's shadow banking, however.
Indonesia gets e-money payment system
Bank Indonesia will introduce e-money in June.
Bank Danamon introduces credit card for entrepreneurs
Card will support business development and activities.
China to liberalize interest rates further
Aim is to allow the financial sector to better serve the real economy.
Local government debt remains grave challenge to China’s banking system
Debts are a heavy burden on public finance.
Tharman reappointed MAS board chairman
He will serve until May 31, 2015.
HSBC developing tailor-made financial services
Targets are Chinese companies planning overseas ventures in Europe.
Urgent action needed to solve China’s massive debt problem
Inaction could result in a damaging hard landing for the economy.
Galaxy Securities takes in US$1.07 billion from HK IPO
It’s one of Hong Kong’s largest deals since late 2012.