News
ANZ penetrates Malaysian market
ANZ has expanded into Malaysia with a branch office in the Labuan International Business and Financial Centre.
ANZ penetrates Malaysian market
ANZ has expanded into Malaysia with a branch office in the Labuan International Business and Financial Centre.
Bank Islam expects stiff competition in 2012
Bank Islam expects 2012 to be challenging with moderate loans growth and weaker net interest margin as competition sets in.
Alliance Bank eyes 15-17% growth in SME business
Alliance Bank Malaysia is confident of gaining a 15-17 percent growth in its SME business for its financial year ending March 31, 2013.
Chinese bank lending lower than expected in February
Chinese banks extended 710.7 billion yuan or $112.5 billion in new loans in February, well below market expectations of 750 billion yuan.
Vietnam tries frantically to stave off banking industry collapse
Faced by the impending disintegration of its banking industry, Vietnam goes for a drastic solution.
Taiwanese bank withdraws from Vietnam
The Land Bank of Taiwan has closed its representative office in Ho Chi Minh City.
BCA, Mandiri top $1.1B net profit in 2011
Bank Mandiri and Bank Central Asia may have broken the US$1.1 billion or Rp 10 trillion mark in net profits.
Malaysian banks to post 7% earnings growth this year: Analyst
Malaysia's banking sector is expecting a seven percent earnings growth this year.
Maybank continues to pamper the super-rich
Malaysia’s largest bank now provides top tier individuals more personalised services with exclusive regional rewards, privileges and access to client centres.
Vietnam's Maritime Bank still seeking right foreign partners
Maritime Bank will appoint a foreigner to the bank’s general director position this year.
ASEAN banking system to be adopted
Central banks in the ASEAN will set up an ASEAN bank system.
Agribank to double lending growth by 2015
Agribank aims to expand its operations and double its credit growth by 2015 even as it undergoes a partial privatisation.
Philippines' SMC to finalize bank sale to Malaysia's CIMB
San Miguel Corp is close to selling 60 percent of its Bank of Commerce to Malaysia's CIMB Group.
Chinese banks loosens stranglehold on struggling property market
China begins to relent after two years of resorting to almost Draconian measures to cool down an overheated property market.
OCBC Bank launches iPad app for home loan fact sheet
The Oversea-Chinese Banking Corporation Ltd has developed an application or app that makes it easier for customers to navigate complex loan requirements.
Bank of China, Huaxia Bank offer lowest rates for first-home buyers in China
Chinese banks have begun offering preferential loan rates for first-home buyers.
Meeting between Taiwan and China monetary leaders in next 3 months
Cross straits banking stands to receive a needed shot in the arm.