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Minister says Indian banks had Dubai World exposure
Country's finance minister allayed fears on $537mln exposure as Indian banking system was sound and resilient.
Minister says Indian banks had Dubai World exposure
Country's finance minister allayed fears on $537mln exposure as Indian banking system was sound and resilient.
Siam City-Thanachart merger on target
SCIB chief is optimistic that the combined 679 branches will provide room for further expansion.
National Australia Bank eyes RBS deal
NAB seeks inclusion in $3.3bln RBS acquisition as it attempts to win its AXA bid.
China Construction Bank likely to hold rights issue
Lender might follow its local peers in attempting to reduce capital ratios.
HDFC Bank 4Q profit up 33% at $188mln
The above market expectations figures were driven by higher margins and loan growth.
ICICI Q4 profit up 79% at $303mln
Lender's net profit jumped while total income slid by almost 5%.
Hong Leong submits application for EON's takeover
HLB also submitted application for $470.37mln rights issue to Malaysia's central bank for its expansion.
Bank Mandiri Q1 2010 profit up 43%
Lender posted $222.3mln net profit due to lending surge and strong growth in fee income.
Affin rejects report of bidding for EON Cap
Affin said it is on a lookout for growth opportunities despite denying move to acquire EON.
Hang Seng's banker shortage may hamper China expansion
Lender will add personnel in several departments to meet its target 50 China branches.
Commonwealth Bank acquiring Vietnam International Bank's 15% stake
CBA bought $235mln VIB shares to capitalise on Vietnam's surging banking demand based from country's demographics.
ANZ to consider bidding for Korean Exchange stake
Australian lender plans to compete with local counterparts to expand its Asian business.
ICBC acquires Thailand's ACL Bank for $550mln
Chinese megabank seeks to expand into Mekong River region using ACL as platform.
Danamon 1Q 2010 profit up 78% at $78mln
Net profit growth attributed to surge in loans and cost of credit improvement.
Bangkok Bank Q1 2010 profit up 24%
Analysts believe net profit growth at $187mln may be sustained due to economic rebound.
National Australia Bank mulls defying regulator on Axa
NAB disagrees on ACCC’s ruling on competition issue and undertakes changes to pursue its US$13bln bid. National Australia Bank is considering sweeping changes to keep its A$14 billion (US$13.03 billion) takeover bid for Axa Asia Pacific (APH) alive and ease the regulator's competition concerns.
Central Huijin plans raising funds via bond issue
Proceeds worth more than $12mln to be injected to China Eximbank and other state-run lenders.
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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.
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