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Indonesia tells sharia banks to put IPOs on hold
Bank Indonesia suggested that Bank Syariah Mandiri and Bank Muamalat bide time before floating their shares on the bourse.
Indonesia tells sharia banks to put IPOs on hold
Bank Indonesia suggested that Bank Syariah Mandiri and Bank Muamalat bide time before floating their shares on the bourse.
China Construction Bank to open in Luxembourg
China Construction Bank, the world's second largest by market value, will soon open a subsidiary and a branch in the Grand Duchy of Luxembourg.
Bank Islam targets 30% loan growth
Bank Islam Malaysia is eyeing a 30 percent loans growth this year.
BSN eyes RM1.3B net
Bank Simpanan Nasional targets to increase its net income to RM1.3 billion by the end of this year from RM1.032 billion in 2011.
Chinese investors shun long-term corporate loans
Chinese businessmen continue to avoid taking out medium- and long-term bank loans over short-term worries about China's rapidly decelerating economy.
S. Korean banks push household lending rate in August
Demand for fixed-rate mortgage and credit loans during the summer vacation pushed the rate of household lending among South Korea's bank.
Shinhan Bank's dimsum bond sales in Hong Kong bring RMB600M
Shinhan Bank raised RMB600 million or US$95 million through dimsum bond sales in Hong Kong.
Japan's banking minister commits suicide
Tadahiro Matsushita, Minister of the Financial Services Agency, the banking industry regulator, committed suicide Monday.
India's HDFC Bank launches 10,000th ATM
HDFC Bank launched its 10,000th ATM in India near Ajmer Sharif Dargah, a sacred shrine revered by people of all faith.
Pakistani banks write off $1.187B in loans
Pakistan's public and private banks and development finance institutions had written off loans amounting to Rs112.305 billion or US$1.187 billion over the past four years.
ChinaBank in 10-for-1 stock split
The Philippines’ China Banking Corporation last week cut the par value of its shares from P100 to P10 in a 10-for-1 stock split of its common shares.
Bangkok Bank gets 99-year license in Vietnam
Bangkok Bank has been granted a 99-year extension of its banking service license from Vietnam.
Asset securitization makes a comeback in China
Sales of asset-backed securities in China suspended three years ago have been re-launched to help banks stiffen the country’s sagging banking sector.
Hana to add another Indonesian bank
Hana Financial Group is set to acquire a major stake in an as yet unnamed Indonesian bank to further expand into Indonesia’s robust banking sector.
ING takeover to boost KB Financial’s life insurance business
KB Financial Group, Inc will soon take ownership of the Korean insurance unit of ING Group.
ICBC Beijing provides currency exchange in baht, Philippine peso
ICBC Beijing Branch has included the Thai baht and Philippine peso in its foreign exchange currency services.
Indonesian banks warned against misusing non-collateral loans
Bank Indonesia warned commercial banks not to use non-collateral loans to finance customers who were unable to pay the required downpayment.
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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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