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Website title: The Latest News & Headlines | Asian Banking & Finance

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China has made progress in expanding the renminbi’s international use, with banks expanding cross-border use, but low yields and limited convertibility could keep it from rivaling the US dollar.

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The Commonwealth Bank of Australia is launching a new premium charge card.

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ANZ has issued a warning against criminals giving victims scripts and cover stories t bypassing banks' security measures.

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Own Bank, The Rural Bank of Cavite City, Inc., has appointed Don Niño Santos as its new president and chief executive officer, according to an announcement on 20 August 2026.

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Direct financing gained momentum but has yet to offset weaker credit expansion.

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