News

ANZ issues $3bln debt in 3-part sale

The bank issued $1bln three-year notes, $1bln 10-year bonds and $1bln three-year floating rate notes.

Bank Negara Indonesia launches micro loans for migrant workers

The lender had already released US$222,000 to migrant workers from the East Java town of Kediri.

World Bank issues first renminbi bond sale in HK

The bank’s entry into the renminbi bond market will permit investors to diversify their currency holdings and expand their renminbi exposure.

Woori and Hana plans to engage in savings bank business

Acquisition of savings banks would help major lenders seen to delay potential systemic risk through diversification.

Maybank acquires 44.6% stake in Kim Eng

Transaction represents stepping up of the lender’s investment banking and equities platform in ASEAN.

ADB, IFC, Citibank, MCB boost Pakistan's textile sector

ADB, IFC, Citibank and MCB Bank will help boost Pakistan’s textile industry.

Korean Banks plan to establish 27 overseas branches

China and Vietnam were the most popular host countries of the branches that Kookmin Bank, Hana Bank and the Industrial Bank will open.

ANZ expands Asian perspective

The lender eyes Japan expansion apart from South Korea, China, Southeast Asia and India.

State Bank of India plans South Korea operations

SBI is also seeking to acquire an Indonesia bank in cash deal not exceeding US$100mln.

Bank Jabar to use bond sale proceeds for expansion

Bank Jabar Banten is relying on a major bond sale in January to help it expand its lending business.

DBS Indonesia to focus on SMEs

DBS Group of Singapore will cater to to small- and medium-sized enterprises in its plan of expanding in Indonesia.