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Malaysia targets more foreign investments in banking
Malaysia would open up its banking sector to more foreign investment to put the economy back on investors' radar ahead of general elections expected in 2012.
Malaysia targets more foreign investments in banking
Malaysia would open up its banking sector to more foreign investment to put the economy back on investors' radar ahead of general elections expected in 2012.
CIMB to launch new Islamic products in Singapore and Indonesia in 2012
CIMB Group will introduce new Islamic products in Indonesia and Singapore this year through its Islamic units in the two countries.
Maybank now has 11 branches in Cambodia
Maybank has opened a new branch at Stung Meanchey, in Phnom Penh, to expand its network in Cambodia to 11.
Malaysian banking sector to be moderate next year : economist
Malaysian banking's performance is likely to be moderate next year in line with the economy.
Lone Star's eligibility as KEB owner scrutinized
Lone Star's qualification to hold more than a 4 percent stake in Korea Exchange Bank is under review.
Bank Mandiri earmarks $439M for the holidays
Bank Mandiri allocated US$439 million for its customers' needs during Christmas and New Year.
HSBC sells private banking unit in Japan to Credit Suisse
This is part of HSBC's strategy to cut $3.5b annual costs.
Sacombank to sell 15% stake to Credit Suisse in January
Vietnamese banks are indeed looking to foreign investors for capital support.
AMMB Holdings to buy Kurnia Insurans
But it is yet to have the central bank and finance ministry's approval for the bid.
Malaysia facilitates entry of Indonesia's Mandiri
Requirements have been relaxed for Indonesia's state-run Bank Mandiri to operate in Malaysia by the end of next year.
India may sue HSBC over black money
The Indian government may sue HSBC for persuading their executives to stash undeclared money in a Geneva branch.
Korea's bank loans to self-employed people reach $88.8B
Bank loans in South Korea taken out by self-employed business owners reached a record high in November.
ABBank posts pretax profit of $18.6M in Jan-Nov
ABBank reported a pretax profit of VND391.3 billion or $18.6 million in the first eleven months of the year.
DBS establishes USD 5b commercial paper programme
Guess who DBS selected as dealers under the programme?
ABN Amro reopens branch in Hong Kong
The commercial banking unit in Hong Kong is staffed by two bankers.
Gov’t support dispels big impact of new rating criteria to AsiaPac banks
And the outlooks on 79% of the banks in the region are stable under the new criteria.
Standard Chartered to increase financing for Indian companies
According to Bloomberg, StanChart ranks third in Indian mergers advisory this year.
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