News

Japan's Mitsubishi hopes to acquire Indonesian, Philippine banks

Japan's BTMU is looking to offset its stagnant domestic market by acquiring an Indonesian bank.

Japan's Mitsubishi hopes to acquire Indonesian, Philippine banks

Japan's BTMU is looking to offset its stagnant domestic market by acquiring an Indonesian bank.

HDFC Bank to expand by 250 branches in Gujarat

HDFC will focus on expanding in Gujarat, opening 250 branches over the next three years.

Vietnam’s banks hesitant to charge new ATM fees

Some Vietnamese banks will not charge fees for every ATM transaction.

Foreign stakes to rise in ‘weak' Vietnamese banks

The State Bank of Viet Nam may increase the limit on foreign ownership in ‘weak' banks.

Vietinbank to sell 20% stake to Japanese bank

Vietinbank will selll a 20 percent stake to the Bank of Tokyo Mitsubishi UFJ for US$743 million.

Bangkok Bank sets sights on China

Bangkok Bank will continue to explore opportunities in China as the country's economy recovers.

Thailand's KBank starts expansion in Myanmar

Kasikornbank furthered its Asean presence with a representative office in Myanmar.

Philippines' Union Bank to buy savings bank

About P5.7 billion shares in City Savings Bank has been transferred to Union Bank of the Philippines.

Industrial and Commercial Bank of China to open in New Zealand

The world’s biggest bank continues aggressive overseas expansion.

Past mergers to boost Malaysian banks

Malaysian banking is set to realize financial gains after a number of mergers and acquisitions.

China Minsheng to do investment banking in Hong Kong

Internationalization of the renminbi fuels move.

Bank of China establishes Middle East subsidiary

Bank of China Ltd opens office in Dubai.

Public Bank expected to continue with robust results

Public Bank is expected to consistently deliver robust earnings.

S.Korean banks to tighten lending in Q1

Credit risks will force South Korean banks to tighten lending practices in the first quarter.

Indonesia's Syariah Mandiri gets $31-M capital boost

Bank Mandiri injected US$31 million or Rp 300 billionto its Islamic unit. Bank Syariah Mandiri.

Mitsubishi UFJ to tap demand in Myanmar

Mitsubishi UFJ Financial Group has formed an alliance with Myanmar's Co-operative Bank Ltd.