News

Krung Thai Bank pursues nationwide ATM expansion

Krung Thai Bank is going to expand ATM installation points to facilitate the clients nationwide including the four southern-most border provinces.

Krung Thai Bank pursues nationwide ATM expansion

Krung Thai Bank is going to expand ATM installation points to facilitate the clients nationwide including the four southern-most border provinces.

Krung Thai Bank lends almost $880M in 5 months

KTB injected money through loans to over 40,000 retail clients with credit line of US$30 million, enabling total personal loans to grow to US$8.8 billion.

UnionBank's 5-month net income up by 44%

The net income of the UnionBank of the Philippines rose to US$28.97 million during the January-May period, or a 44 percent growth from US$20 million a year ago.

Metrobank is most financially reputable: Asia 200 survey

Metrobank ranked first in “Financial Reputation” in the Philippines by readers of The Wall Street Journal Asia, according to Asia 200. The report was based on the survey of over 2,000 executives in Asia and the Pacific.

BEA forges collaboration with Criteria and “la Caixa”

BEA has concluded a series of business cooperation agreements with Criteria CaixaCorp and Caja de Ahorros y Pensiones de Barcelona.

HSBC boosts SME loan fund by $516M

HSBC is adding US$516 million to its SME loan fund in Hong Kong, the second increase this year, for a total of US$1.548 billion in lending since December 2008.

Bangkok Bank ups interest in new fixed deposit product

Bangkok Bank has introduced a new fixed deposit account with increasing interest rates, from 1 to 1.5 percent per annum, over a period of 18 months. Interest will be paid every six months. Customers can enjoy the “Step Plus” offer up to 20 July 2009 by opening an account with a minimum deposit of US$14.65.

Metrobank’s local ATMs now over a thousand

Metrobank added 25 new automated teller machines in key areas to increase its network to over a thousand ATMs nationwide.

Islami Bank opens 199th branch at Sundarganj

Sundarganj Branch of Islami Bank Bangladesh Limited at Janata Market, College Road was inaugurated as its 199th Branch.

ACLEDA Bank raises capital to US$68.15 million

ACLEDA Bank has again raised its total registered capital share by US$8.15 million.

BEA expands in Taiwan through AIG acquisition

The Investment Commission of the Ministry of Economic Affairs in Taiwan has approved BEA's move to acquire AIG Wealth Management Services Taiwan Limited.

ME Bank assures clients of strong financial position

Over the next few months Members Equity Bank will gradually introduce a new logo and colours to remind bankers that it is theirs.

Bank of Punjab gets US$123M capital boost from Punjabi govt

The Government of the Punjab contributed US$123 million as advance subscription money towards proposed increase in the Bank of Punjab’s paid up capital.

Hang Seng expresses commitment to China

Hang Seng Bank held a Board of Directors meeting in Yantai City to express its strong commitment to mainland China. Yantai in Shandong province is home to one of the Bank's strategic partners, Yantai Bank.

Metrobank gets award for remittance service

Metrobank was presented with the STP or Straight-Through Processing Award 2008 by Commerzbank AG.

Maybank taps on Cambodia's tourism potential

Maybank opened its fourth branch in Cambodia to reinforce its international network of over 400 offices in 13 countries. In addition, it has 384 branches in Malaysia as well as associates in Pakistan—the MCB Bank, and Vietnam—An Binh Bank.

City Union eyes $52.6M for 70-branch expansion

City Union Bank intends to raise US$52.6 million over the next two years to fund its expansion plans with 70 additional branches.