News

Maybank President and CEO, Datuk Seri Abdul Wahid Omar, describes the opening of its Beijing branch as strategic and timely.

RHB Bank Bhd expects to almost double its internet and mobile banking customers to 1.5 million by next year.

CIMB Bank expects to raise its market share for debit cards from the current 5.7 percent to 10 percent next year.

Among the ways is terming out debt maturities and it finally paid off.

Philippine banks are now forced to submit a quarterly expanded report on real estate exposure from 30 January 2013.

The Greater China operations of Malayan Banking Berhad or Maybank are now the third largest overseas contributor to the group’s pre-tax profit after Singapore and Indonesia.

Tisco Financial Group reported a net profit of Bt953 million in the third quarter, marking a new quarterly high.

If Maybank acquires a Thai bank, it would be based on terms and an environment that it was comfortable with and would not be purely for the sake of having a representation.

China’s biggest bank intends to focus its attention on building its ship finance business in Singapore.

China Huarong Asset Management Co Ltd has been officially transformed into a joint-stock company focused on bank-related businesses.

Vietnam has ordered its central bank to take timely measures to stabilize the banking system and regain the confidence of the public and investors.

South Korea's major banks have been charging borrowers higher interest rates over the past few weeks.

Malaysia's banking sector will experience resilient earnings in line with the country’s sturdy economic growth supported by strong domestic demand, robust capital markets and exports.

Maybank clarified that its private placement exercise was a proactive move to boost its equity capital ahead of the implementation of the Basel III capital framework.

OCBC Bank boosted its SME loans by more than 20 percent for the first six months.

KTB Leasing foresees the retail market to expand sufficiently capable of boosting its loan growth and interest income.