Malaysia

CIMB Group will issue 134 million shares to Khazanah Nasional to acquire CIMB Niaga stakes.

Places EON on positive watch as rating company takes into account HLB's planned $2.18bln EON takeover.

Banks on Islamic stockbroking service HOT Broking to expand its curreent 6.5% share in the market.

Bank Rakyat Malaysia's branches may reach 134 with the opening of new branches.

Mizuho to establish foothold in Kuala Lumpur as Bank Negara gives it commercial banking licence.

Pilot customer service transformation programme to upgrade all bank’s frontline personnel in 70 branches.

National Union of Bank Employees hits Bank Negara’s non-consultation with union on looming merger’s adverse effects.

Product gives companies power to optimise cash flow by enabling customers to withdraw before tenure period.

Lender also plans to reduce exposure to personal loan after suffering big losses.

Region’s share in $1tln Islamic finance industry expected to increase amidst European and Dubai credit crises.

Net interest margin improvement, more comfortable loan-to-deposit ratio, healthier capital adequacy, and management stability boosted ratings.

Lender willing to offer $1.58bln worth of combined cash and shares.

Dual Income Insurance Plan enables customers to earn from the range accrual of KLIBOR, and equities indices of developed nations.

The quarter ending in March 2010 shows an uptake in loan growth momentum for Hong Leong Bank. Loans growth rebounded to 8 percent year-on-year in March 2010, against 2.2 percent for the first six months ended December 2009.

Some analysts see the unprecedented move will be followed by other players.

Bid serves "best interest" for EON Cap after mulling on recommendations of Credit Suisse, Goldman Sachs.