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Krung Thai Bank to expand in Myanmar, Vietnam
Krung Thai Bank believes that it will have enough financial muscle to serve non-Thai customers such as state agencies in Myanmar and Vietnam.
Krung Thai Bank to expand in Myanmar, Vietnam
Krung Thai Bank believes that it will have enough financial muscle to serve non-Thai customers such as state agencies in Myanmar and Vietnam.
Affin starts negotiation for Bank Muamalat merger
Malaysia's central bank has given the green light for Affin to commence negotiations for a possible acquisition of equity interests in Bank Muamalat.
China’s first technology bank to support tech companies
SPD Silicon Valley Bank which focuses on commercial services for technology start-ups opened this week in Shanghai.
Maybank tops expectations on loans growth
Driven by growing loans and wealth management services Maybank beat expectations with a 25 percent rise in second-quarter net profit of RM1.44 billion.
Maybank expects to grow along with host countries
Maybank expects its growth pattern to be in tandem along with the countries it operates in.
ANZ may sell Asia bank stakes due to stringent capital rules
ANZ would sell some of its stakes in Asian banks if Australia does not ease stringent capital requirements, said chief executive Mike Smith.
Indonesia's BTN ups profit by 63% in H1
riven by rising loan demand, Bank Tabungan Negara's profit jumped 63 percent in the first half of the year.
State Bank of India strives to stave off bad debt tsunami
Bad debts sour the outlook for India’s largest lender despite a 138% rise in net profit in the three months ended June 30.
NPL ratio of Chinese commercial banks remains at 0.9%
The NPL ratio of China's commercial banks at the end of June remains unchanged from the end of the first quarter at 0.9 percent.
Thailand's Kasikorn Bank customizes services for Chinese customers
Kasikorn Bank plans to offer Chinese-language forms and documents, Chinese-speaking call center and a number of Renminbi-based transaction services.
Bad debt ratio of 18 Korean bank slips in Q2
The bad debt ratio of 18 South Korean banks fell in the second quarter from three months earlier.
Commonwealth Bank of Australia posts $7.43B profit
The Commonwealth Bank of Australia bucked uncertain business environment to push its profit up 11 percent from last year to US$7.43 billion.
Alliance's revenue up in Q1
Alliance Financial Group 's revenue for the first quarter ended June 30, 2012 rose to RM319.34 million from RM307.07 million last year.
AMMB targets up to 12% net profit
AMMB Holdings is targeting an annual net profit of between nine and 12 percent for the next three years.
Thai banks set standards on lending to condo developers
Commercial banks in Thailand are more inclined to focus on medium-sized to large property developers, which are less likely to default, bank executives say.
ICICI Bank cautious about lending
ICICI Bank has become picky about lending to power and infrastructure projects, stopped motorcycle loans and has stopped offering new credit cards.
Bank Negara Indonesia to partner with 46 Japanese banks
BNI is looking to partner with 46 Japanese regional operating in Indonesia within the year.
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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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