In Focus
Bank Mandiri to invest US$130 million in IT
Bank Mandiri to invest US$130 million in IT
																					
								Indonesia’s largest lender will use the investment to improve its information technology system to increase its efficiency.
						
					
					
				Singapore to replace Switzerland as the bank for the super-rich
																					
								To become top destination for the wealth of the world's richest by 2020.
						
					
					
				Bank Mandiri to increase corporate loans by 18%
																					
								Loans are for the infrastructure, consumer goods and plantation sectors.
						
					
					
				Senior executive movements at China’s top banks
																					
								Changes follow the once-in-a-decade leadership transition at the Chinese communist party.
						
					
					
				Citi Philippines named Best Bank in Asia Pacific--again
																					
								Is the ninth straight year the bank has won the award.
						
					
					
				Asia's share of global revenues doubled in the last 7 years: Citi
																					
								Find out how Citi benefits from this growth.
						
					
					
				3 in 4 Filipinos do not visit bank branches anymore
																					
								They prefer to do banking online.
						
					
					
				China reorganizes Monetary Policy Committee
																					
								Cause is the retirement and reshuffling of committee members.
						
					
					
				China gets tougher on sales of WMPs
																					
								Orders checks on underlying assets of volatile WMPs.
						
					
					
				Credit card fraud tops Shanghai’s financial crimes list
																					
								Accounted for 88% of financial crime cases in court in 2012.
						
					
					
				HSBC says new Indian banking regulation not “sensible”
																					
								Indian and foreign-owned banks won’t be able to meet the new norms.
						
					
					
				Why BOC is top pick among Hong Kong banks
																					
								Has strongest capital adequacy ratio (12.3% Tier 1) vs peers, an attractive 5.2% dividend yield and CNH asset deployment growth potential.
						
					
					
				How will CBRC's new guideline on LGFV loans change the banking landscape in China?
																					
							Find out why BBVA says the impact may not be as large.
						
					
					
				Vietnam to force weak banks into bankruptcy
																					
								Announcement sends shock waves through banking sector counting on government protection.
						
					
					
				Bank Mandiri sees 50% increase in Islamic banking profits
																					
								The opening of more branches throughout Indonesia will help attain this goal.
						
					
					
				India launches bid to build global-sized banks
																					
								Is pushing consolidation of public sector banks to create two megabanks.