News

Shinhan Bank raises $350-M through bonds

Shinhan Bank raises $350-M through bonds

Shinhan Bank will have US350 million to refinance its debts and extend loans to smaller companies.

Philippine Business Bank to IPO

February IPO could earn some US$99 million.

Bank Muamalat to expand branch network

Will sell sukuk Islamic bonds to finance expansion.

Mizuho Securities M&A team to be based in Singapore

Investment banker to open advisory business to leverage M&A boom in Asia.

See how US investors are now more positive on China banks

They say China banks’ valuations are not expensive despite the 40% share price rally.

PNB-Allied Bank merger to be completed in February

Consolidated earnings expected to decline 7.5% to PHP5.7b this year.

Boediono prods banks to lend more to young businessmen

Indonesian Vice President Boediono said entrepreneurs have a crucial role in development.

Bangkok Bank expects loan growth to continue in 2013

Bangkok Bank expects further loan growth after the 9.1-percent expansion in 2012.

Renminbi clearing in Taiwan could begin this week

Central bank finalizing preparations for start of renminbi operations.

PNB, Allied Bank gets a go-ahead to merge

Merger to be completed in February.

Yes Bank seeks to speed-up growth

Eyes Royal Bank of Scotland Group’s retail assets to attain this aim.

Philippine banks' lending slowed to 14% in November

Slowdown was most evident in trade and construction.

Korean banks' earnings to fall short of consensus estimate

Blame it on additional provisioning to meet tighter FSS guidelines.