News
TienPhong Bank posts net profit of VND79B
TienPhongBank posted a net profit of VND79.07 billion or $3.77 million in the third quarter of this year, rising 50% from a year earlier.
TienPhong Bank posts net profit of VND79B
TienPhongBank posted a net profit of VND79.07 billion or $3.77 million in the third quarter of this year, rising 50% from a year earlier.
Asian banks rely on block deals to revive equity capital markets
There have been three block deals worth more than $2b in the past week.
Nepal's Nations Trust Bank post-tax profits up 38%
The Nations Trust Bank reported post-tax profits of Rs 1,170 million for the first 9 months of the year, up 38% over the corresponding period in 2010.
Saigon-Hanoi Bank to open branch in Laos
The Saigon-Hanoi Bank has been allowed by the State bank of Vietnam to open a branch in Laos.
BIDV now has 12 branches in HCM City
The Bank for Investment and Development of Vietnam opened three additional branches in Ho Chi Minh City.
Indonesia's Islamic banking assets grow by 4 %
Indonesia's Islamic banking sector beefed up its assets by 46.55 percent to 126 trillion rupiah or some 14.002 billion U.S. dollars year on year in September.
Private lending in China may be monitored: central bank official
The Chinese government may put up a monitoring system for private lending activities.
Indonesian banks asked to trim lending rate
Indonesian banks were asked to decrease their interest rate in order to help spur economic growth.
HSBC China's capital replenished by CNY2.8B
HSBC Bank China's capital 's parent company, the HSBC Limited, has replenished its capital with 2.8 billion yuan or US$442 million U.S. dollars.
Goldman Sachs to sell $1.1b shares in Industrial & Commercial Bank of China
This is Goldman’s third sale of its ICBC stock since 2006.
Ex-Citigroup Indonesia manager steals $5m
Inong Malinda Dee faces five to 20 years imprisonment if convicted.
Ruling fails to cast out doubt on Hana-KEB merger
FSC is probed on whether it neglected the duty of probing Lone Star’s shareholder eligibility.
CIMB eyes issuing 1mn new Debit Mastercards
ABM expects debit card usage to grow by up to 70% this year.
Ocean Bank eyes maritime customers
an Commercial Bank is eyeing corporate customers in maritime, shipbuilding, petroleum and precision engineering in the Province of Khanh Hoa with its new Nha Trang City branch.
Bank Saudara to offer $22.6M in bonds forf loans expansion
Bank Himpunan Saudara will issue two series of bonds worth Rp 200 billion or $22.6 million to help finance its loans expansion.
New Zealand delays tightening bank lending rules
New Zealand’s central bank will delay an increase in the core funding ratio to 75 percent from 70 percent by about six months to Jan. 1, 2013.
Taiwan's Hua Nan Bank gets approved for Hanoi branch
Hua Nan Commercial Bank has been given regulatory approval to set up a branch in Hanoi in Vietnam.