Philippine central bank keeps interest rates steady at 6.50%
MANILA: The Philippine central bank kept its benchmark rate unchanged at 6.50% for a fourth straight meeting on Monday, as…
Category: Banking
HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says
LONDON: HSBC's European chief is betting on rising regional wealth and overseas expansion by Asian corporate clients to boost his…
MBSB Bank discontinues e-Wallet platform
KUALA LUMPUR: MBSB Bank Bhd today announced the discontinuation of its e-wallet platform effective from May 31, 2024.
BoJ governor lauded for smooth policy change
TOKYO: Tomorrow will mark one year since Bank of Japan (BoJ) governor Kazuo Ueda took office.
Vietnam lenders required to maintain loan standards
HANOI: The central bank is calling on lenders to facilitate access to capital for businesses, while also maintaining lending standards…
Regulator eyes scrutiny of asset manager stakes in US banks
A top US banking regulator is considering a plan to ensure asset management giants BlackRock, Vanguard and State Street stick…
Bank credit increases again in March
After declining in the first two months of this year, credit of the banking industry in March increased by 0.26%…
‘Ailing US real estate not a concern for banks’
Local banks’ exposure to US property, including its ailing commercial real estate sector, is small as a share of the…
Loan growth for banks expected to be around 6% this year
PETALING JAYA: Analysts are projecting the banking sector to record loan growth of between 5.5% and 6% for this year,…