News
Malaysia's CIMB close to acquiring 60% stake in Philippines' BoC
CIMB's acquisition of a 60% stake in the Bank of Commerce is now awaiting the Philippine central bank's approval.
Malaysia's CIMB close to acquiring 60% stake in Philippines' BoC
CIMB's acquisition of a 60% stake in the Bank of Commerce is now awaiting the Philippine central bank's approval.
Malaysia's Affin again eyeing 51% of Indonesia's Bank INA Perdana
Affin Bank is still interested in acquiring at least 51 per cent or a majority stake in Indonesia's PT Bank Ina Perdana.
Australia's Westpac to open first branch in India
Westpac announced that it will open its first branch in India.
Palm reading ATMs to debut in Japan
A new technology literally places the security of your deposits in the palm of your hand.
CCB begins massive expansion of branch network
China Construction Bank Corporation plans to open 2,000 more branches until 2016.
IOB eyes 16-18% credit growth
IOB is eyeing a credit growth of 16-18 percent and deposits growth of 18-20 percent in the current financial year.
Chinese banks intensify lending
Chinese banks lent a record US$160 billion in March in a bid to boost China’s faltering economy.
Indonesia wants reciprocity in Singapore operations
Indonesian banks should be given equal treatment in operating in Singapore as a condition for the approval of DBS Bank’s bid for Bank Danamon.
BNI combines insurance with investment products
BNI is expecting to earn more from its bancassurance business with new deals from several insurance companies.
Maybank looking to bid for Philippine Islamic bank
Maybank may bid for Al Amanah Islamic Bank of the Philippines, who is looking to sell a 49% to 100% stake.
RHB Capital expects to begin Indonesia banking this year
A Malaysian financial group remains undeterred by Indonesian moves to cap foreign ownership in its banks.
Panin Group sees no Bank Panin sale this year
Panin Group does not expect to sell its controlling 46 per cent stake in Bank Pan Indonesia this year due anticipated strong growth.
Panin Bank hopes to boost capital by $272.9M
Panin Bank hopes to raise as much as US$272.9 million from the financial markets to strengthen its capitalization.
HSBC sells Korean retail operations
HSBC’s international restructuring has hammered its operations in South Korea.
Dhanlaxmi Bank tries to regain investor confidence
Dhanlaxmi Bank will focus on increasing its retail business and cutting costs, CEO PG Jayakuma announced in trying to regain investor confidence.
BNI’s Q1 performance ‘on track’
BNI collected up to Rp 1.8 trillion or US$198 million in new mortgages in the first three months of 2012.
ChinaBank Savings in huge branch expansion
ChinaBank Savings, Inc plans to quintuple its number of branches in the next three to five years.
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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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