News
Foreign stakes to rise in ‘weak' Vietnamese banks
Foreign stakes to rise in ‘weak' Vietnamese banks
The State Bank of Viet Nam may increase the limit on foreign ownership in ‘weak' banks.
Vietinbank to sell 20% stake to Japanese bank
Vietinbank will selll a 20 percent stake to the Bank of Tokyo Mitsubishi UFJ for US$743 million.
China banks' total social financing reaches record high of RMB15.8t
Loosening monetary conditions continue.
Bangkok Bank sets sights on China
Bangkok Bank will continue to explore opportunities in China as the country's economy recovers.
Thailand's KBank starts expansion in Myanmar
Kasikornbank furthered its Asean presence with a representative office in Myanmar.
Philippines' Union Bank to buy savings bank
About P5.7 billion shares in City Savings Bank has been transferred to Union Bank of the Philippines.
Industrial and Commercial Bank of China to open in New Zealand
The world’s biggest bank continues aggressive overseas expansion.
Past mergers to boost Malaysian banks
Malaysian banking is set to realize financial gains after a number of mergers and acquisitions.
China Minsheng to do investment banking in Hong Kong
Internationalization of the renminbi fuels move.
Bank of China establishes Middle East subsidiary
Bank of China Ltd opens office in Dubai.
Public Bank expected to continue with robust results
Public Bank is expected to consistently deliver robust earnings.
S.Korean banks to tighten lending in Q1
Credit risks will force South Korean banks to tighten lending practices in the first quarter.
Indonesia's Syariah Mandiri gets $31-M capital boost
Bank Mandiri injected US$31 million or Rp 300 billionto its Islamic unit. Bank Syariah Mandiri.
Mitsubishi UFJ to tap demand in Myanmar
Mitsubishi UFJ Financial Group has formed an alliance with Myanmar's Co-operative Bank Ltd.
Japan Post Bank to offer housing loans
Japan Post Bank has been conditionally allowed by the government to launch three new businesses.
Vietnam's central bank gov blames media for bank problems
State Bank of Vietnam governor Nguyen Van Binh blamed media for 50 percent of the banking sector’s problems.
3 reasons why cross-border RMB business is lucrative for BOC
Its offshore settlement reached RMB948bn, a 30% market share.
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