Domino effect doesn't explain Asia bank woes

Article Abstract:

Problems facing the banking systems in Asian countries are not necessarily related, because there are vast differences in the financial architectures of each country's banks. Difficulties plaguing the banking systems of South Korea and Thailand may not be similar to troubles in the banking sectors of Malaysia, the Philippines, Hong Kong or Singapore, where asset quality is relatively good. Factors such as cost control, efficiency and specific market situations should instead be used as a guide to risk assessment.

Economic aspects, Thailand, Asia, Philippines, Korea

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One small lender has a virtual solution to tightening of Philippine bank sector

Article Abstract:

Urban Bank has developed a strategy aimed at ensuring its survival in the face of strong competition in the Philippine banking industry. The cornerstone of the strategy will be the acquisition of software that will allow clients to conduct most of the banking transactions via desktop computers. To fund the technology-driven strategy, Urban will offer 1.71 million shares valued at $8.77 each.

Urban Bank

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