News
Merger creates Japan's biggest trust bank
Three Japanese trust banks have been merged last Sunday to create the nation 's biggest trust bank.
Merger creates Japan's biggest trust bank
Three Japanese trust banks have been merged last Sunday to create the nation 's biggest trust bank.
Union Bank to focus on retail lending
Union Bank will focus on retail lending and aim at improving customer service, says its new CMD, D Sarkar.
Indonesia's BCA to add up to 3,000 ATMs this year
BCA will add between 2,500 to 3,000 ATMs throughout the country this year, according to its executive director Jahja Setiatmadja.
BDO to raise $1B core capital through rights offer
BDO Unibank Inc would raise $1 billion addtional capital through a rights offer.
CIMB poised to become Asia's largest investment banking franchise
Will it be able to topple Credit Suisse as it acquires Royal Bank of Scotland?
DBS inks a deal with Fullerton to acquire Bank of Danamon's major stakeholder
DBS plans to acquire remaining less than 30% listed shares from minor shareholders through amandatory tender offer of IDR7,000 per share.
Nepalese banks' credit flow down by 5%
The credit flow of 32 Nepalese commercial banks to various sectors dropped 5 percent in the first seven months of the current fiscal year.
Kiatnakin Bank's merger with Phatra to be finalised by August
Kiatnakin Bank plans to complete its merger with Phatra Capital by August, with revenue from the integrated business to be recognised by the fourth quarter.
ICBC records record high net profit in 2011 amid growing bad loans
ICBC's net profit for January to December period gained 26% to CNY208.27 billion or US$33 billion from CNY165.16 billion.
DBS mum on pursuing Bank Danamon shares
Investors have expressed interest in buying a stake in Bank Danamon from its controlling shareholder.
OCBC NISP eyes $163.5M through rights shares offering
OCBC NISP is looking to raise Rp 1.5 trillion or US$163.5 million to strengthen its capitalization and extend loans by offering rights shares.
Vietnam bank merger deals expected to mushroom
State Bank of Vietnam's efforts to speed up the bank restructuring process is expected to lure five to eight banks in mergers this year.
China Construction Bank posts 25% net profit growth
China Construction Bank registered a 25.48% growth in its $26.89 billion net profit in 2011.
Top Chinese banks post embarrassingly high profits
Seven of China’s leading banks lean on interest income to book record profits.
Bangkok Bank assists international clients with Indonesian branch
Bangkok Bank opened its 26th foreign branch in Surabaya, Indonesia to help international business clients deal with international transactions and loans.
Viet Capital Bank targets 17% credit growth
Viet Capital Bank is targetting a credit growth target of up to 17 percent, according to its business plan for 2012.
Philippine banking system quite profitable
Its rising incomes should see Philippine banks lend more as the Philippine economy continues on its growth curve.