News
VPBank to raise capital to VND5.05T
VPBank approved a resolution to raise its chartered capital by VND1.05 trillion to VND5.05 trillion in 2011 financed from capital surplus and dividend fund.
VPBank to raise capital to VND5.05T
VPBank approved a resolution to raise its chartered capital by VND1.05 trillion to VND5.05 trillion in 2011 financed from capital surplus and dividend fund.
Maybank targets debit card spending
Maybank is eyeing a 100 per cent growth for customers' debit card spending in the current financial year. The bank will popularise debit card use through promotions and expanding the number of merchants offering debit card payment.
Moody's assigns an Aa1 rating to UOB's senior unsecured notes
The ratings agency retained the stable outlook for the notes to be issued through UOB's SGD5 billion Euro Medium Term Note (EMTN) program.
China banks introduces new products to defy loan curbs
Aside from challenging credit curbs, the wealth products are also a form of financial experimentation in China that lay the foundation for a liberalised interest rate market.
Bank of Baroda plans expansion in Chandigarh region
The lender to open 22 branches in the north as it aims to aims increased exposure to $28.07mn in agriculture, $44.91mn in SME and $89.81mn) in retail opening.
ICBC applies for Fed approval on BEA US unit acquisition
ICBC eyes for a US retail unit to move into small and mid-sized business loans and consumer banking.
China Merchants Bank plans to sell shares
The lender pursues fundraising plans despite its statement last March 2010 emphasizing that it would have no need to raise additional capital for the next three years.
Disaster in Japan: impact on Cash Investment Strategies
Almost a month since the 11 March 2011 earthquake in Japan, and we continue to examine its impact of the damage on industries.
Maybank Singapore launches two new home loan packages
The first package is the Hybrid Rate Home Loan and the second package is the Ceiling Rate Home Loan.
DBS China on track for 50 Outlets by 2013
DBS China is on track for 50 outlets by 2013, with plans to open a total of at least eight new branches and sub-branches in 2011.
CIMB's new pension fund in place by year-end
CIMB will implement a new private pension scheme in Malaysia.
Hana Financial profit down 2.6%
Hana Financial Group's first-quarter earnings declined 2.6 percent from a year earlier due to decreased interest income.
BNI lends 122% more for infrastructure as of March
Bank BNI disbursed US$1.16 billion or Rp 10 trillion in infrastructure loans as of March. This is an increase of 122 per cent from Rp 4.5 trillion at the end of 2010.
NAB seeks partners to bid for Lloyds branch
The lender mulls to spin off existing UK assets to JV as it woos NBNK and BBVA for partnership.
China requires its banks $131bn capital over 6 years
Compliance to stricter rules aims to ensure that banks have sufficient capital to be ready for a crisis that would minimize any government bailout.
Maybank eager for more IPOs after Kim Eng share buy
The purchase provides Maybank platform to expand services that includes IPOs within Southeast Asia.
HSBC launches Greater China Exchange Traded Fund
The product provides enhanced access to the potential upside of Greater China as the lender aims to expands Asia-Pacific ETF market.
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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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