News
Top Indian and Spanish banks sign cooperation agreement
Top Indian and Spanish banks sign cooperation agreement
MOU will support business operations of their clients.
BPI opens first branch powered by solar energy
Intends to equip more branches with solar arrays.
ICBC Singapore to start clearing renminbi
Will start doing so for participating banks today.
CCB buys stake in 2nd biggest Russian bank
China Construction Bank among buyers of a 55% stake in VTB Bank.
New Indonesian banking law implemented by 2014
Limits foreign ownership in banks to only 51%.
Tharman reappointed MAS board chairman
He will serve until May 31, 2015.
ICBC loses Goldman Sachs investment
US investment firm makes US$1.1 billion by selling remaining ICBC shares.
AgBank VP fired for taking huge bribes
Yang Kun is highest-ranking bank executive to be investigated for corruption.
Urgent action needed to solve China’s massive debt problem
Inaction could result in a damaging hard landing for the economy.
Forced sale of NPLs to AMC will push through
Vietnam will compel banks to sell bad debt to new Asset Management Company.
Islamic banking conference to be held in Singapore
Leading industry players to meet June 3 to 5.
RBI should regulate all home loans
State Bank of India sees no need for a separate regulator.
RHB Thailand raising capital for expansion
Remains intent on asset acquisition to fuel expansion.
Galaxy Securities takes in US$1.07 billion from HK IPO
It’s one of Hong Kong’s largest deals since late 2012.
Aussie banks' earnings feared to slow in 2014
Operating environment is likely to deteriorate.
5 signs that ICBC will outperform in 2013
It has defensive profitability and pricing power.
Chinese banks threatened by sixth straight quarter of rising NPL since 2011
NPL ratio rose to 0.96% by end-March.
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