News
China to use forex reserves for commercial loans
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.
Here's why ICBC outperformed CCB
Find out the 2 factors that led to ICBC's outperformance.
Indian banks seek relief from liquidity squeeze
Look to the Reserve Bank of India to conduct OMOs.
Pakistan wants more branchless banking
There exists a large ‘financially-excluded’ market in Pakistan.
Thailand's SCB aims for double-digit lending growth
Siam Commercial Bank unveiled its plans for 2013 to boost growth.
Siam Commercial Bank takes bigger role as financial adviser
Siam Commercial Bank has gradually reduced its role as a lender for wholesale customers.
S.Korean credit card firms slash rates
South Korean credit card firms vowed to support the low-income bracket with lower interest rates.
Bank service said to affect domestic bliss
A China Merchants Bank service could deposit part of a husband's monthly salary into his wife's account.
Japan's Mitsubishi hopes to acquire Indonesian, Philippine banks
Japan's BTMU is looking to offset its stagnant domestic market by acquiring an Indonesian bank.
HDFC Bank to expand by 250 branches in Gujarat
HDFC will focus on expanding in Gujarat, opening 250 branches over the next three years.
Vietnam’s banks hesitant to charge new ATM fees
Some Vietnamese banks will not charge fees for every ATM transaction.
Foreign stakes to rise in ‘weak' Vietnamese banks
The State Bank of Viet Nam may increase the limit on foreign ownership in ‘weak' banks.
Vietinbank to sell 20% stake to Japanese bank
Vietinbank will selll a 20 percent stake to the Bank of Tokyo Mitsubishi UFJ for US$743 million.