News
Allahabad Bank to boost Hong Kong operations
Allahabad Bank plans to revive its $500-million overseas bond sale plan to support its growing Hong Kong business.
Allahabad Bank to boost Hong Kong operations
Allahabad Bank plans to revive its $500-million overseas bond sale plan to support its growing Hong Kong business.
Exim Bank Malaysia to disburse $486M in loans
Exim Bank Malaysia had approved RM800 million or US$259M in loans as of April, according to its Managing Director/CEO Datuk Adissadikin Ali.
CIMB's acquisition of BoC to diversify operations: Moody's
Moody's gave CIMB Bank Bhd's plan to acquire a 59.98 per cent stake in the Philippines Bank of Commerce positive rating.
Individuals to drive banking growth in India
India’s bankers remain confident that extending credit to individuals is the correct path to growth.
Reserve ratio to be cut again in China
China takes another step to shore-up its beleaguered banking sector.
Sri Lanka's ComBank links ATMs to China UnionPay
The more than 500 ATM terminals in Sri Lanka of the Commercial Bank of Ceylon can now be utilized by holders of UnionPay credit and debit cards.
CIMB's ratings unchanged after BOC acquisition: RAM Ratings
CIMB Bank Bhd's proposed acquisition of a 60 per cent stake in Philippines-based Bank of Commerce has no immediate rating impact.
China’s largest bank makes history in the USA
The Industrial and Commercial Bank of China has received US government approval to take over an American bank.
Banco de Oro takeover of Exportbank eyed by chairman
The chairman of the troubled Export and Industry Bank wants to sell all the banks assets and liabilities to Banco De Oro Unibank Inc.
Vietnam's Sacombank hunts for foreign investors
Sacombank may sell shares to foreign investors up to 15 percent of it chartered capital.
Shareholders approve HHB-SHB merger
The draft plan to merge Hanoi Building Commercial Bank into Saigon-Hanoi Commercial Bank has been approved by shareholders of both banks.
India to further liberalise banking industry
The dire need to strengthen its banking industry is not lost on India.
Singapore's UOB ups Q1 profit by 12%
United Overseas Bank Ltd posted 12 percent rise in quarterly profit due to higher loan margins and fees.
Bank Islam Malaysia looking to buy Indonesian banks
Bank Islam Malaysia is still keen on buying a stake in a Islamic financial institution in Indonesia although no decision has been made on potential Indonesian acquisitions.
Taiwan's Cathay Financial posts Q1 net profit of $67M
Cathay Financial reported a first-quarter net profit of NT$1.97 billion or US$67 million, and earnings per share of NT$0.19.
South Korea tries to sell Woori again
Bidders interested in acquiring a majority stake in government-owned Woori Finance Holdings have until July 27 to do so.
CIMB buys Philippines’ Bank of Commerce
CIMB Group Holdings Bhd., the largest company on Bursa Malaysia, has taken control of Bank of Commerce, an affiliate of San Miguel Corporation.
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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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