Retail Banking
BEA China completes overseas RMB investment settlement
The move enables Xinjiang companies to use renminbi to engage in business abroad, while allowing foreign companies make renminbi investment into...
BEA China completes overseas RMB investment settlement
The move enables Xinjiang companies to use renminbi to engage in business abroad, while allowing foreign companies make renminbi investment into...
NAB shareholders target $442mln in US subprime suit
Shareholders sued the bank for failing to report exposure and risk of losses from subprime mortgage exposure.
Maybank holds simultaneous global CSR day project
Through the Group employee volunteerism programme, thousands of Maybank employees joined together for the first time in a global CSR initiative.
Moody's affirms Woori Bank after re-evaluation
Prompted by a sharp spike in Woori Bank's problem assets during the third quarter 2010, its asset quality and capital were re-evaluated prior to...
State Bank of India sees launch of $4.4bln rights issue soon
Government needs to subscribe big to maintain its stakeholding at the existing level.
Union Bank of India mulls issuing Swiss franc bond
The move has not been seen from any Indian lender since 1987.
Dah Sing Financial targets raising HK$2.2bln via rights issue
The company and its banking unit to use proceeds to strengthen their core capital and sustain business growth.
ANZ continues Asia expansion even if Hana's KEB bid prevails
The Australian bank to go after Woori should the KEB-Hana deal materialises.
DBS Bank in Taiwan needs capital injection
DBS is the only bank that has yet to meet the $6.6mln capital requirement for foreign lenders.
State Bank of India to sell $681mln Euro bonds
The bank will meet investors in 9 European cities from Nov. 17 to sell five year debt.
Lone Star to sell KEB to Hana Bank
Deal frustrated ANZ’s intent to purchase Lone Star's 51% stake, which would have boosted its efforts to expand in East Asia.
Metrobank nine month profit up 44% to $137.15mln
Higher trading and foreign exchange gains, bank fees and commissions and strong contribution from key subsidiaries boosted growth.
Thai banking system gets stable Moody’s outlook
The outlook for the Thai banking system is stable over the next 12-18 months, according to Moody’s. Nonetheless, a host of challenges is evident...
Bank Negara Malaysia names Nor Shamsiah Deputy Governor
Experiences during Asian financial crisis and the preparation and implementation of the Financial Sector Masterplan for the development of the...
Maybank first quarter net profit up 16.6%
Maybank recorded a profit after tax and minority interest of US$328 million for the quarter ended September. It is up 16.6 per cent from the bank’s...
Hatton posts 9-month $42M pre-tax profit
HNB recorded a pre-tax profit of US$42 million and a post tax profit of US$25.9 million for the nine months ended September.
Indian bank keen on Indonesian expansion
State Bank of India is keen on expanding its presence in South East Asia by acquiring an Indonesian bank. The bank has allotted USD 100 million for...
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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.
Industry experts push for the rapid progress of unified customer data as a starting point.
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