The Philippines has enjoyed a lot of success in growing its microfinance market and pursuing financial inclusion. Moreover, widening the banking base has arguably had a positive effect on the country's overall financial stability.
Asia-Pacific
Top 100 China Banks ranking, 2013: Banks continue to flourish
October 1, 2013The Banker's ranking of China’s Top 100 banks shows the country's continued prosperity, with increases in Tier 1 capital almost across the board.
South Korea CBG looks to bridge international gaps
October 1, 2013Bank of Korea governor Choongsoo Kim tells Jane Cooper how he aims to bridge the gap at international meetings between emerging and developed economies, and how he plans to globalise South Korea’s central bank.
Capital markets play catch-up to South Korea’s real economy
October 1, 2013With South Korea's underdeveloped capital markets struggling under the growing weight of the country's rapidly expanding conglomerates, the pressure is on for the sector to evolve and mature – with the government, regulators and banks all taking steps to achieve this goal. But will new regulations and improved infrastructure be enough to transform the industry?
South Korea’s big players make investment banking move
October 1, 2013Many of South Korea's largest financial institutions are having to reconsider their investment banking strategies in the wake of changed capital markets regulation, increasing competition and narrowing profits, with many turning to the international market.
Doing its own thing: does Asia need the IMF?
October 1, 2013Lingering resentment over its role in the Asian crisis of the 1990s and complaints that the continent is under-represented in its senior positions mean that the IMF's popularity throughout Asia is low. But will this sense of injustice lead to the forming of an Asian Monetary Fund that will push the IMF to the sidelines in the region?
The two sides to China's banking story
October 1, 2013Despite posting record profits and healthy loan books, China's banks continue to attract criticism from speculators, financial commentators and wary investors, who believe that the country's banking industry is a ticking time bomb.
Addressing the imbalance in the Chinese bond market
October 1, 2013The Chinese bond market must achieve greater diversity – of issuers and investors – if it is to facilitate the successful internationalisation of the renminbi, which requires the government to relax its rules on foreign participants, something it is already starting to do.
The renminbi keeps on moving
October 1, 2013The extending of the QFII and the RQFII quotas in recent months demonstrate how the renminbi's liberalisation is developing at an impressive pace. However, authorities in the country appear keen to move things along even faster.
Dubai climbs GTS ladder
September 2, 2013As Dubai has grown, so has its role in the global transaction services industry, with the emirate now serving as the nerve centre of all trade taking place across the Middle East and north Africa. And as Dubai sets out its stall to become the next renminbi hub, this role only looks set to grow.