News
Major senior management reshuffle at MAS
Shake-up aimed at strengthening the central bank’s leadership.
South Korea maintains policy rate at 2.5%
Has major concerns about major downside economic risks.
Islamic banking conference to be held in Dhaka
Conference sponsored by Malaysia and Bangladesh.
Philippines’ China Bank posts H1 profit of US$68 million
Up 46% year-on-year on better core operations.
11 new Executive Directors for Indian public sector banks
Ministry of Finance issues order for promotions.
Vietnamese central bank to hold stakes in weak banks
State Bank of Vietnam will then restructure banks.
Metrobank's extraordinary gains for 2013 reaches PHP10.6b
Thanks to the sale of its 49% stake in GBP.
Analyst worried over UOB's property exposure
Housing loans account for 28% of UOB’s portfolio.
SBI fined US$9,000 for violating currency chest norms
Second penalty in two months for State Bank of India.
Philippines’ Banco de Oro in alliance with seven Japanese banks
To support Japanese SMEs investing in the Philippines.
SEA CFOs bullish about Asia’s growth prospects
Eight in 10 see revenue growth.
StanChart H1 net profit plummets 24%
Businesses in emerging Asian markets experiencing slower growth.
China considering huge boost to Internet finance
Research team studying new legislation.
What Bank of the Philippine Islands' 57% profit crash really means
Margins still under pressure.
Indonesian banks' loan growth won't rally faster in 2H13
But high LDRs among banks loom.
BEA reports its lowest cost-to-income ratio since 2007
It fell 530bp sequentially to 54.2% in 1H13.