Banks set to implement Basel capital
KUALA LUMPUR: The majority of Asia-Pacific banking jurisdictions are set to take the latest global iteration of Basel capital standards…
Category: Banking
UOB Malaysia, Fasspay give contactless payment solution to J&T Express riders
KUALA LUMPUR: UOB Malaysia and Fass Payment Solutions (Fasspay) have collaborated on providing J&T Express riders the facility of using…
China c.bank has room to cut bank reserves ratio further, deputy governor says
BEIJING: The deputy governor of China's central bank said on Thursday there is ample monetary policy room to deliver further cuts…
Taiwan central bank raises benchmark rate in surprise move
TAIPEI: Taiwan's central bank surprised markets by raising its policy rate on Thursday, and also lifted its inflation forecast for the…
ECB tells banks to prepare for new types of risk
FRANKFURT: Euro zone banks must adjust how they manage risk as they face challenges from the end of ultra low…
Big banks say sustainability pledges not enough
Some of Canada’s biggest banks have for the first time said their green financing efforts may not necessarily curtail emissions…
Stress test predicts profitability resilience for banks
The capital ratio of Malaysia’s banking system will remain above the regulatory minima, with sufficient high-quality liquid assets to meet…
Hong Kong central bank keeps key rate unchanged, tracking Fed move
HONG KONG: The Hong Kong Monetary Authority (HKMA) left its base rate charged through the overnight discount window unchanged at…
Indonesia c.bank keeps interest rates unchanged as expected
JAKARTA: Indonesia's central bank held key policy rates unchanged on Wednesday, as expected, amid pressure on the rupiah currency in…