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BNI posts $19B worth of trade finance transactions in 2011
Bank Negara Indonesia posted trade finance transactions worth US$19.83 billion in 2011, up 72 percent from a year earlier.
BNI posts $19B worth of trade finance transactions in 2011
Bank Negara Indonesia posted trade finance transactions worth US$19.83 billion in 2011, up 72 percent from a year earlier.
Minsheng Bank to raise US$1.4 billion
China Minsheng Banking Corporation, Ltd needs some US$1.4 billion to meet tougher government regulations.
Vietnamese banks compete by opening more branches
Banks in Vietnam are opening new branches to strengthen their market presence.
Permata eyes 65% sharia lending growth
Permata Bank Syariah is targeting a lending growth of 65 percent this year.
PermataBank Syariah ups profit by 41% in 2011
PermataBank Syariah reported a profit of Rp 133 billion or US$14.45 million in 2011, reports Jakarta Post.
Bank Rakyat posts record $660M profit, declares record dividend
After posting a record pre-tax profit of RM 2.02 billion or US$600.7 million, Bank Rakyat declared a record dividend of US$122.29 million.
ANZ sets its sights on Burma
The once pariah nation of Burma appears an attractive prospect for the Australia and New Zealand Banking Group.
South Korea to probe bank loans
South Korea's central bank will evaluate loans extended by major banks to households and firms in a bid to ensure financial stability.
Deposits of Ho Chi Minh banks in rise 1.6% in March
Deposits of HCM City-based commercial banks are estimated to have reached 904.9 trillion dong in March.
Banco de Oro braces for Basel III
Banco de Oro Unibank, Inc intends to raise at least US$200 million in Tier 1 Capital this year.
SMBC ups investment in Indonesian infrastructure agency
Japan’s second largest bank in assets is putting its money on Indonesian infrastructure projects.
BRICS to establish own bank
Brazil, Russia, India, China and South Africa are ready to establish a development bank for investment risk-sharing.
Union Bank of India hit by Moody’s downgrade
Moody’s Investors Service downgrades the rating of Union Bank of India, one of India's largest state-owned banks.
DongA Bank wants name retained in case of merger
DongA Bank will consider merging with another lender if shareholders approve it on late March.
Malaysia's corporate loans expected to surge
More corporate loans are expected In Malaysia this year and offset the expected slowdown in household loans this year.
BoCom to replenish depleted funds
Shanghai-based Bank of Communications intends to offer the world’s largest share sale since May 2011.
Nepal wants rural branches reinstated
Nepal wants the rural branches of Rastriya Banijya Bank, Agricultural Development Bank and Nepal Bank Limited that were closed during 12-year Maoist conflict to be reinstated.
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Why Philippine banks, insurers embrace hyper-personalized services
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