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Bank of China intensifies cooperation with Taiwan-based banks
Bank of China and Taiwan-based Hua Nan Bank and Chang Hwa Bank entered into the comprehensive business cooperation agreements.
Bank of China intensifies cooperation with Taiwan-based banks
Bank of China and Taiwan-based Hua Nan Bank and Chang Hwa Bank entered into the comprehensive business cooperation agreements.
Maybank to open 6 branches in Sabah
Maybank Bhd will open at least six branches in Sabah as part of the commitment of the nation's biggest commercial bank to stimulate the economy, says executive vice-president Mohd Hanif Suadi.
ICBC posts over RMB100 B after-tax profit in H1
ICBC announced after-tax profit in the first half of 2011 of RMB 109.6 billion, up 29% year-on-year.
ICBC retains top spot in asset custody business in H1
ICBC registered RMB 3 trillion of assets under custody in the first half of 2011, ranking first among Chinese banks for 13th consecutive year.
NAB still has no agreement with NBNK Investments
The lender’s decision to sell its UK operations is still pending.
Bank of Nova Scotia seeks Asian acquisitions
The lender shifts its eyes on Asia as economic growth in Latin America falls short from expected.
Siam Commercial doubles investment banking team to 40 people
M&A deals in Thailand involving medium-sized corporations are seen as growth opportunities waiting to be seized.
Taiwan banks’ US$9.67bn 2011 SME loans above target
SME loans have increased by US$53.33bn as of July 2011 since July 2005.
ICICI Bank plans hiring 6,000 people
The lender adds branches as its business grew 20%.
Maybank to expand in Laos
Malayan Banking Bhd (Maybank) has applied for a banking license in Laos, said President & Chief Executive Officer Datuk Seri Abdul Wahid Omar.
Bank Indonesia to keep policy rate at 6.75% till year-end
DBS expects monetary tightening to kick-start again in Q1 2012.
China's August lending tops market expectations
China's bank lending quickened to 548.5 billion yuan or $86 billion in August, topping market expectations of 500 billion yuan and rebounding from July's seven-month low.
Scotiabank buys into Guangzhou Bank for $722M
Bank of Nova Scotia will buy close to 20 percent stake in Bank of Guangzhou for about C$719 million or $722 million.
China's bankcard transactions total $27.9T in first half
Bankcard transactions in China during the first half of 2011 reached 178.6 trillion yuan or US$27.9 trillion U.S. dollars.
Asian central banks take a pause from interest rate increases
But BBVA Research expects gradual tightening to resume if and when the global environment stabilizes.
“Hong Kong’s banks are well capitalized”: Nelson Man
He said there is no immediate need for Hong Kong’s banks to raise capital amidst the debt crisis in Europe.
Woori seeks licence to operate in India
The Reserve Bank of India has to allow at least 12 foreign banks to open local branches every year.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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