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BNI upbeat on 40% credit card growth
Bank Negara Indonesia anticipates a 40 percent growth in its credit card transaction value in 2012 as it intensifies cooperation with merchants and other companies.
BNI upbeat on 40% credit card growth
Bank Negara Indonesia anticipates a 40 percent growth in its credit card transaction value in 2012 as it intensifies cooperation with merchants and other companies.
Bank Negara Indonesia targets acquisition of Bahana
Bank Negara Indonesia plans to sell Rp 1.2 trillion or $126 million of recapitalized bonds to finance the acquisition of Bahana Securities.
Malaysian Islamic finance groups asked to focus on OIC
Islamic finance players pay more attention to Organisation of Islamic Cooperation member countries before venturing into other continents, says a banker.
HDFC push Q1 net profit up 25 %
HDFC recorded 25 percent rise in consolidated net profit at Rs 1,275.86 crore for the first quarter ended June 30, 2012.
Krung Thai Bank pilots corporate cash card
KTB will help companies manage their cash flow and reduce the risk of their payees holding cash through its new corporate cash card.
Woori Financial sale falls though
Plans to privitize Woori Finance fell through as no one applied for the preliminary bids for the 57 percent government stake.
KB turns back on Woori sale
Plans to privitize Woori Finance fell through as no one applied for the preliminary bids for the 57 percent government stake.
Public Bank's earnings on a declining momentum: Research
Public Bank's return on equity has peaked and is on a declining trend going forward, according to Alliance Research.
HSBC to retreat from Vietnamese Bao Viet group
HSBC plans to sell the shares it is holding of Vietnamese Bao Viet, a big insurance group.
China in for short-lived economic recovery
Positive growth metrics mask the uncomfortable reality that a recovery of China’s economy in the second half will be temporary.
TMB Bank's net profit up 6% YoY
TMB Bank posted a 2Q12 profit of Bt1.26 billion, up by 6% YoY and 22% QoQ.
J.P. Morgan Chase Bank to open Suzhou branch
The Suzhou arm is the JP Morgan's sevent branch in mainland China.
WTO rules in favor of China on payment card dispute with US
China welcomed a WTO ruling dismissing U.S. accusations that China's Union Pay barred foreign service providers from entering the Chinese market.
RBS pulls out of Singapore Libor panel
Royal Bank of Scotland pulled out of a Singapore panel setting interbank lending rates.
India's LIC eyes Malaysia, Singapore expansion
India's LIC Housing Finance Ltd, is looking to expand in Malaysia and Singapore as it seeks to increase its overseas presence.
Swarnamahal Financial to expand in Northern and Eastern Sri Lanka
Swarnamahal Financial Services hopes to establish five more new branches during the new financial year, mainly to improve accessibility to its services in the North and East. The North and East showed exceptional growth during the financial year with strong demand at existing branches in Vavuniya, Jaffna, Batticaloa and Trincomalee.
State Bank of India to open 56 ultra small branches
State Bank of India will open up 56 Ultra Small Branches in 5 districts of Assam and one district of Manipur by the end of this month.
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Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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