Banks uphold conservative targets
Amid mixed prospects in the broader macro economic climate, banks appear to be upholding conservative targets in spite of strong…
Category: Banking
US banks sail through annual Fed health check
The biggest US banks will have enough capital to withstand severe economic and market turmoil, the US Federal Reserve’s (Fed)…
SBV finalises circular on safety and security
The State Bank of Vietnam (SBV) has finalised a draft circular on safety and security in providing online services in…
Philippine central bank keeps policy rate steady at 6.50%
MANILA: The Philippine central bank kept rates steady at 6.50% for a sixth straight meeting on Thursday, its governor said.
Banks’ 1Q earnings in line with expectations
Earnings for the banking sector in the first quarter of 2024 (1Q24) have come in broadly in line with analysts’…
Citigroup starts targeting growth in mid-cap firms
Tokyo: Citigroup Inc is seeking to strengthen its business with medium-size companies in Japan as the Wall Street bank accelerates…
BOJ to forgo July rate hike, taper US$152bil per year, says ex-policymaker
TOKYO: The Bank of Japan is likely to trim bond buying by around 24 trillion yen ($152 billion) annually in…
China cbank leaves key policy rate unchanged as expected
SHANGHAI/SINGAPORE: China's central bank left a key policy rate unchanged as expected on Monday when rolling over maturing medium-term loans,…
Fuel subsidy revamp a dampener on loan growth
PETALING JAYA: The banking sector is anticipated to come under pressure and post slower loan growth this year amid weaker…