News
VietinBank unveils 2 foreign partners
Collaboration with IFC and Bank of Nova Scotia will give lender expertise in its global expansion.
VietinBank unveils 2 foreign partners
Collaboration with IFC and Bank of Nova Scotia will give lender expertise in its global expansion.
Union Bank of India considers launching 210 branches
Grand expansion plan targeting $65 billion business includes setting up ATMs and putting up operations abroad.
Bank of China tightens loan issuance
BOC attempted to curb skyrocketing loan growth in line with regulator's pressure on banks.
ICICI Bank Q3 net falls by 13.4%
Net profit drop due to absence of treasury income is still smaller than anticipated.
Krung Thai Q4 profit rises beyond expectation
9.5 percent increase is eyed to get rosier this year due to stimulus package.
Agricultural Bank of China posts record lending
The $22 billion worth of loans to farmers spur bank to beef up operations in cities.
Public Bank improves by 4.5% via financing income
Public Bank achieved a pre-tax profit of US$984.7 million and net profit of US$747 million for 2009. This happened on the back of a strong 10.2 percent growth in net interest and financing income. In the previous year, the Group’s pre-tax profit of US$1.002 billion included a significant one-off goodwill income of US$59.3 million in respect of the bancassurance distribution alliance with ING Asia/Pacific Limited. Excluding this one-off income, the Group's underlying operating pre-tax profit improved by 4.5 percent.
Bank of China forms agreement with MoneyGram International
Deal will skyrocket MoneyGram's China presence as its services will be available in lender's 10,000 branches.
EON Capital requests Bank Negara's nod for negotiations
Talks with Hong Leong for possible acquisition of its assets and liabilities are not yet finalised.
Indian central bank's push for rate cut resisted
Banks cite cost mismatch as reason to reject RBI's planned regulation of cutting home loan rates.
StanChart China approved to be bond market maker
Regulator OKs lender's interbank bond market operations as China aspires developing its financial markets.
Korea Development mulls bidding for Siam City
Move is KDB's response to Korean President's pressure to boost competency of state-owned banks by privatisation.
Siam Commercial plans opening China operations in 2011
Lender targets profiting from Chinese small and medium enterprises as it ventures in the country.
South Korean regulator considers suing Kookmin Bank
Bank apologizes and promises punishing those involved in leaking of memo regarding a regulatory investigation.
India banks ask interest rates to be stabilised
Bankers said the fall in loan growth below 10 percent may be aggravated once RBI increases rates.
Industrial Bank of Taiwan mulls investing in China
IBT plans to put up a trust company specialising in securitising assets.
DBS eager to increase operations in Asia
Economic recovery and new CEO prompts lender to expansion that could increase earnings by 26 percent.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
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.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with