Malaysia
HSBC Malaysia profit up 20% to $67mln
HSBC Malaysia profit up 20% to $67mln
Domestic demand in banking and sustained growth in regional markets prop up net profit increase.
OCBC Al-Amin Bank eyes double-digit growth asset, profit surge
Lender confident of hitting the target as global economic recovery fosters Islamic banking growth.
Hong Leong's offer for EON Cap too low
EON's independent financial adviser Credit Suisse's statement left lender's board in dilemma.
Foreign banks step up Islamic banking expansion
Lenders eye to dominate market share via more branches, innovative products.
CIMB acquires additional stake in Indonesian unit
Malaysian lender CIMB is raising its stake in Indonesia's Bank CIMB Niaga to better capitalise on the southeast Asian nation's fast-growing economy.
Maybank seeks approval for Indonesian listing
Lender eager to expand visibility in Jakarta and add branches in other Asian countries.
OSK-UOB introduces $31mln fund for Privilege Banking clients
OSK-UOB Flexible China Solutions provides opportunities to tap the Chinese market for a minimum of $3,115 investment.
CIMB gets approval to expand in Cambodia
Country's central bank governor granted approval-in-principle to lender's bid to offer banking services to 14mln Cambodians.
Bank Simpanan Nasional partners with Bank Rakyat Indonesia
Tie-up aimed to generate 40,000 monthly transactions on money transfer services to Indonesia.
OSK Research upgrades forecast on Maybank's earnings growth
Lender's conservative attitude towards provisioning key factor for OSK's 2.6% earnings growth forecast in 2010.
Hong Leong may forgo shares sale for EON
Analysts think that HLB is sticking to its all-cash $1.59bln offer to stamp the EON deal.
Hong Leong submits application for EON's takeover
HLB also submitted application for $470.37mln rights issue to Malaysia's central bank for its expansion.
Bank Rakyat studies potential entry in Brunei
Brunei official's invitation prompted lender to consider bringing its banking operations to the oil-rich sultanate.
Affin rejects report of bidding for EON Cap
Affin said it is on a lookout for growth opportunities despite denying move to acquire EON.
Citibank Malaysia eyes double-digit revenue growth
Opening of 4 new branches is part of lender's aggressive expansion.
Affin shows interest in EON Cap takeover
Affin sees EON Cap takeover a possible opportunity to strengthen position in banking industry.
EON Cap withdraws dividend payment plan
Board handed down decision to avoid reduction in $1.6bln offer price to HLB.
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