Lending & Credit
Indonesia acts to stem rupiah’s plunge
Raised Fasbi to 4.25% yesterday.
Taiwan boosts position as offshore renminbi hub
Deutsche Bank becomes first foreign bank to raise renminbi in Taiwan.
New RMB loans down to RMB 667b in May
Growth was offset by the low ST corporate loans.
More Philippine banks to list on PSE
Financial sector outperforming the main PSE index.
PBOC warns anew against shadow banking
Says there is a need to strengthen disclosure.
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.