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Kenanga Investment Bank opens 6th southern Malaysian branch
Kenanga Investment Bank Bhd launched its new branch at Batu Pahat, Johor, making it the sixth branch in the southern region.
Kenanga Investment Bank opens 6th southern Malaysian branch
Kenanga Investment Bank Bhd launched its new branch at Batu Pahat, Johor, making it the sixth branch in the southern region.
HSBC opens in Vung Tau
HSBC Vietnam is opening a representative office in Vung Tau City.
VietinBank to set up credit risk management system
VietinBank will set up a system to manage credit risks at the bank in accordance with Basel II standards.
GRGBanking's total profit up 13% to US$94m in 2011
Its revenue also rose 21% to US$331.59m.
HSBC Malaysia to finance coal power plant for $2.1B
HSBC Bank Malaysia will finance a 1,000MW coal-fired power plant in Tanjung Bin for US$2.114 billion.
Vietnam's WesternBank posts US$7.6 M pre-tax profit
WesternBank pre-tax profit increased by 148 percent year-on-year to VND161 billion or US$7.6 million.
Thai ATMs to shut down briefly
Kasikornbank and CIMB Bank Thai will temporarily suspend electronic banking services this weekend for a major systems upgrade.
Wealth Fund buys extra 1% stake in CIMB
Khazanah Nasional Bhd has increased its stake in CIMB Group Holdings Bhd by 1% to 29.9% in an open market purchase.
Islamic Finance offers comprehensive solution: BNM Governor
Islamic finance offers a comprehensive and competitive solution in meeting funding and investment requirements of businesses.
Sabah banks act to push up tourist numbers
Joint ventures between Sabah and foreign companies helps encourage more tourists to the state, says Sabah Chief Minister Datuk Seri Musa Aman.
Wing Hang Bank profit up 30%
Net profit for fiscal year 2011 was HK$2.1b.
Lone Star to challenge $348M tax on KEB sale
Lone Star is reviewing measures to challenge a US$348 million withholding tax on its sale of Korea Exchange Bank to Hana Financial.
GRGBanking to launch Cash-4-All suite in Miami, USA
The official launch will be on March 11-14.
Australia's Westpac to cut more jobs
Australia's Westpac Bank announced that 126 more jobs would be cut in its efforts to reduce costs.
Danamon launches Manchester United cards
Bank Danamon launched Manchester United debit and ATM cards with benefits ranging from shopping deals to watching the team’s matches live.
CIMB Niaga to lend $19.7M to Hotel Sahid
Hotel Sahid Jaya will use US$13 million from the US$ 19.7 milion it will borrow to refinance its loans from Mega Bank.
Mandiri to lend $20.79M to oil palm cooperatives
Bank Mandiri will disburse loans to cooperatives of oil palm farmers to boost the amount of credit disbursed to SMEs this year.
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Why Philippine banks, insurers embrace hyper-personalized services
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