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South-East Asia Banking News. Service for global professionals. Constantly updated news and information about South-East Asia Banking.
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  • Devaluation of Vietnamese dong likely to hurt Thai exporters 11 Dec 2009 17:58 GMT
    ... Devaluation of Vietnamese dong likely to hurt Thai exporters Despite ... determination to tackle problems. As far as Thailand is concerned, the devaluation of the dong ...

  • Sri Lanka central bank in 5-year investment horizon for gold 10 Dec 2009 11:58 GMT
    ... Sri Lanka central bank in 5-year investment horizon for gold ... by selling gold. By 1971 following the Vietnam War and President Nixon's fiscal excesses, US gold ... who is a fierce critic of central banking bubbles, starting from before Fed chief Alan ...

  • South Korea's Central Bank Maintains Key Interest Rate at 2% 10 Dec 2009 01:58 GMT
    ... Dec. 10 (Bloomberg) -- South Korea’s central bank kept its unchanged for a ... Sachs Group Inc. said yesterday it expects the Bank of Korea will increase the benchmark interest ...

  • Central bank to purchase dollar reserves from state corporations 12 Dec 2009 09:26 GMT
    ... Of the total figure, term deposits were recorded at around ... was in demand deposits, local news website VietNamNet quoted Nguyen Quang Huy, head of the ... it is done effectively. He said the central bank would ensure they have enough dollars to ...

  • HIGHLIGHTS-S.Korea central bank chief's comments 10 Dec 2009 06:16 GMT
    ... (For Governor Lee's comments on Nov. 12, double-click ) ... 10 (Reuters) - The head of South Korea's central bank said on Thursday its base ... economic policy stance in a timely manner. The Bank of Korea (BOK) kept its 7-day repurchase ...

  • Banks insensitive when collecting their dues 10 Dec 2009 00:58 GMT
    ... REFERRING to “Collection agencies’ harassment of borrowers must ... have to agree that local and foreign banks in Malaysia can be insensitive in the way they ...

  • FACTBOX-Five political risks to watch in Vietnam 15 Dec 2009 03:37 GMT
    ... HANOI, Dec 15 (Reuters) - Vietnam has weathered the global economic crisis relatively ... exporters to sell dollars, and persuaded state-run banks to ensure the dollar supply meets demand. ...

  • UPDATE 4-Bank of Korea signals rates may rise soon 10 Dec 2009 08:06 GMT
    ... SEOUL, Dec 10 (Reuters) - South Korea's central bank on Thursday offered a clear ... more months, rushed to increase bets that the Bank of Korea (BOK) will begin tightening sooner. ...

  • Banks to Reject Cheques Above N10 Million 15 Dec 2009 05:53 GMT
    ... Abuja/Lagos — In a new rule that could ... System Electronic Transfer Fund (NEFT). Deputy Director, Banking Operations Department of the CBN, Mr. C.R. ... and officials of the Central Bank of Malaysia as speakers and facilitators. Sanusi said: "The ...

  • Vietnam dong rates rise; banks curb new loans 15 Dec 2009 04:33 GMT
    ... Vietnamese dong loan rates have risen in the ... demand and tighter lending conditions as many banks have reached their annual credit ceilings, bankers ...

  • ANALYSIS - Next step at Malaysia's CIMB; partnering a global bank? 9 Dec 2009 09:52 GMT
    ... When Malaysian billionaire Ananda Krishnan wanted to re-list his ... more than 1,150 branches criss-crossing Malaysia, Singapore, Indonesia and Thailand. It also has offices in ...

  • Vietnam Money-Dong rates rise; banks curb new loans 14 Dec 2009 06:32 GMT
    ... HANOI, Dec 14 (Reuters) - Vietnamese dong loan rates have risen in the ... demand and tighter lending conditions as many banks have reached their annual credit ceilings, bankers ...

  • Dong deposits attract more interest with key rate hike 14 Dec 2009 05:32 GMT
    ... VietNamNet Bridge - Local banks have increased interest ... the banking system,” it said. Do Duy Thai, chairman of Viet Steel Group, said his ...

  • Indonesia Market factors to watch - Dec 15 15 Dec 2009 03:06 GMT
    ... JAKARTA, Dec 15 (Reuters) - Following is a list of events in Indonesia as well as news stories and press ... stock trading, click on - The South Korean won and the Thai baht were lifted ...

  • Sink or swim? Minimizing problems troubled banks can cause 9 Dec 2009 08:24 GMT
    ... Sink or swim? Minimizing problems troubled banks can cause ... of the GDP. Applying this model to Indonesian banks, it is interesting to note that ... and inter-bank loans. Closer to home, Singapore, Malaysia and Hong Kong all provided blanket guarantees ...


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