Retail Banking
Action recommended against ex-Gurkha Bank officials
A meeting of the NRB Board of Directors on Tuesday recommended action against the former Gurkha Development Bank officials, employees and creditors...
Action recommended against ex-Gurkha Bank officials
A meeting of the NRB Board of Directors on Tuesday recommended action against the former Gurkha Development Bank officials, employees and creditors...
StanChart affiliates, OCBC eye Bank Muamalat
A Standard Chartered plc affiliate, Qatar Islamic Bank SAQ and Oversea-Chinese Banking Corp are among bidders for a controlling stake in PT Bank...
Hua Nan Bank plans buying stake in Fujian Haixia Bank
The lender plans to acquire Chinese banks stakes as many as regulations allow considering future possibility of Taiwan banks being depent on the...
Hana Bank plans starting globalization route in China
The lender aims to be Mainland’s top foreign bank by 2020 as it plans of M&As and IPOs.
Kasikornbank to allot 250% more loans to China SMEs
The lender is cautiously positive in expanding in China as its central bank tightened banking reserve requirement to avert possible overheating of...
Affin pre-tax profit down in Q1
Affin Holdings recorded a 20.9 per cent lower pre-tax profit of RM140.3 million for the first quarter ending March 31 against RM177.3 million from...
16 listed China banks return to exchange bond market
The lenders’ entry into the market could help to improve interoperability, aid price discovery and optimize the yield curve.
South Korea banks to put up debt clearer
Seven lenders with huge outstanding loans will furnish the capital to establish the debt clearer with $1.12bn capital.
Vietinbank signs cooperation contract with Laos Development Bank
Vietinbank signed a cooperation contract with the Laos Development Bank for a number of financial areas like client services, credit card-issuing and...
ANZ opens signature priority banking branch in Hanoi
ANZ today opened a Signature Priority Banking branch in Hanoi, providing greater convenience to its affluent retail banking customers in Vietnam.
Bank of Ceylon to expand globally
The Bank of Ceylon is to spread globally first into the 27 member European Union, then North America, Australia, New Zealand, Japan, Hong Kong and...
Bank of Ceylon Q1 net up 163%
Bank of Ceylon's March 2011 quarter net profit shot up 163.1 percent to almost 2.2 billion rupees from a year ago.
NDB March net up 102%
Sri Lanka's National Development Bank group's net profit for the first quarter doubled to 605 million rupees from a year ago.
GRG Banking, experts discuss the new era of Vietnamese Banking
Experts from six different nations gathered in Saigon Opera House last 13 May.
Affin Bank slashes down target for 2nd OMG Campaign to $653.5mn
The campaign’s was able to receive 9.7mn entries and garnered in excess of $392.1mn retail deposits growth. Affin Bank Bhd is targeting less than RM2...
ICICI Bank issues $1bn international bond in Dubai
The bond offering had an order book of US$2.7bn with interest from more than 220 investors.
ANZ expands Asia presence via deal with China Eximbank
The pact enables ANZ to provide China Eximbank with finance facilities, offshore yuan bonds and other resources.