Retail Banking
Hana and Lone Star extends talks for KEB
Both parties agree to extend deal for another 6 months as regulatory delays threatened to disrupt Hana's purchase of 51% stake in KEB.
Hana and Lone Star extends talks for KEB
Both parties agree to extend deal for another 6 months as regulatory delays threatened to disrupt Hana's purchase of 51% stake in KEB.
Lao-Viet Bank hailed for economic contributions
The Lao-Vietnam Joint Venture Bank is a symbol of economic cooperation between the two countries, according to Vietnamese parfty official. To Huy...
Papua's Nationwide Microbank signs up 100,000th customer
Papua New Guinea's Nationwide Microbank has signed up its 100,000th customer.
StanChart India top executives undergo reshuffle
Movement of ex-managing director Prakash Subramanian K V and Sandeep Behl to South east Asia is part of first phase of reshuffle wave.
Nomura advises Maybank in RHB bid
Maybank and CIMB has yet to begin talks with key RHB shareholders as RHB submits application to central bank.
VietinBank to sell 15 % stake to Bank of Nova Scotia
Vietinbank will complete the sale of 15 percent stake to Canada’s Bank of Nova Scotia in the second half of this year.
Vietnam Development Bank credit up 20%
Vietnam Development Bank achieved a total outstanding loans of around 90 trillion dong by end of 2010 aftere 5 years of operations.
Maybank hounded by Vinashin exposure
Questions abound over Maybank role in the funding of troubled state-owned Vinashin's US$600mil facility now that the shipbuilder has defaulted again...
Baoviet Bank provides banking product for high-ranking customers
Baoviet Bank launched it package for high-ranking customers that offer a total solution to meet the needs of finance-investment-insurance with only...
South Korea PM slams regulator’s slack monitoring of banks
Nation’s ruling party motions to investigate savings banks on FSS’ speculated negligence on lender’s illegal activities.
RHB Bank eager to buy Thai banks
Despite Maybank and CIMB bid for takeover, the lender is still looking at medium-sized and large banks acquisitions.
Chinese banks expanding Hong Kong renminbi deposit base
Lenders establishing renminbi deposit pools to make way for renminbi-denominated businesses such as trade finance and lending.
India public sector banks to employ over 400,000
Hiring spree is prompted by the fact that a large chunk of 1mn PSB employees will retire in the next two years.
JPMorgan appoints Edwin Lim to private wealth team
The ex-DBS Private Bank's North Asia head will help the lender in fortifying its Greater China business.
Shareholders approves China Merchants Bank’s overseas bond issuance
AgBank will also issue $7.71bn subordinated bonds on June 2 following Shenzhen Development Bank’s $563.24mn mixed bonds launch last month.
Hang Seng Bank names Fred Hu non-executive director
The economist will receive HK$340,000 per year while currently chairing Primavera Capital.
Maybank Singapore launches new interest features to depositors
The lender’s whole suite of deposit products for iSAVvy Singapore dollar time deposit.