News
Mandiri targets raising rights issue to $1.56bln
Lender waits for parliament’s approval in move that would sustain lender’s capital until 2014.
Mandiri targets raising rights issue to $1.56bln
Lender waits for parliament’s approval in move that would sustain lender’s capital until 2014.
Taiwan Cooperative plans expansion in China
Economic cooperation between China and Taiwan enabled Taiwan lenders to exploit cultural similarities with Mainland.
Central Huijin to issue RMB187.5 bonds
Earnings of sovereign wealth fund’s first bond sale to be used for Export-Import Bank of China.
HSBC China becomes market maker to trade RMB and Ringgit
Lender also provides ringgit exchange service through its branches in 24 key Chinese cities.
BEA to use RMB bonds proceeds for expansion
Lender not keen on divesting 20% stake of Canadian subsidiary as it profit soared 78%.
Lone Star halts $4bln KEB stake divestment
Paper reported Lone Star decided to suspend sale because of huge price gap with potential buyers.
China Everbright debut day of IPO beats forecasts
Investors' optimism on smaller Chinese banks gave lender share price gain that surpassed AgBank's.
StanChart to beef up services for affluent Asians
Lender to employ 800 staff to woo customers from 18mln rich Asians with $100,000 to invest.
ANZ targets $3.8bln Korea Exchange Bank stake
ANZ wants to acquire 57.27% while MBK is still trying to bid for 51% of KEB.
Fubon Financial plans to expand in China
Xiamen Bank eyes setting up Zhangzhou, Fujian Province, Wenzhou, Zhejiang Province and Shantou, Guangdong Province branches.
KB Financial to shift focus to marketing
88 percent of the back office staff at Kookmin Bank to be reassigned to marketing tasks.
DBS and PayPal enhance global online shopping experience
Collaboration enables DBS/POSB customers to replenish PayPal accounts for online shopping without credit card.
BPI readies $220mln for possible acquisitions
Lender on a lookout for a potential buy as part of its 5-year growth plan.
China Everbright tags IPO at $US0.46 per share
Lender’s IPO success may encourage rival banks to follow suit.
Krung Thai mulls Nok Airlines stake sale
Lender to review Nok's competitiveness and financial soundness before it would divest its 10% stake.
Hong Leong Bank concludes sub debt issuance
Sub debt, whose proceeds to be used for lender's working capital, was 8 times oversubscribed.
New RMB loans reach $73.82bln in July
Growth of loans in small and medium banks and city commercial banks faster than large lenders'.
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Why Philippine banks, insurers embrace hyper-personalized services
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