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BSN makes it big with 'Banking Beyond Branches' scheme
BSN makes it big with 'Banking Beyond Branches' scheme
Bank Simpanan Nasionalrecorded 35,917 transactions valued at RM2,974,927 since the start of its aggressive drive to promote Banking Beyond Branches.
Malaysia's automotive loan guidelines pulls down car sales
New guidelines for automotive loan borrowers will be discussed following the 25 % drop in sales of new motor vehicles last month, says Proton.
Higher education loans in Malaysia to be coursed through Maybank or Bank Islam
All loan applicants under the PTPTN must open an account with the SSPN through Maybank or Bank Islam.
GRGBanking unveils story behind Myanmar's 1st ATM in 8 years
The story was revealed during the China ATMs 2012.
Malaysia's Finance Ministry, banks boost aid to rural entrepreneurs
Malaysia's Finance Ministry along with banks have created a finance cluster to help traders and entrepresenurs in Rural Transformation Centres expand businesses.
Untapped Cambodia welcomes Japanese banking giant
Sumitomo Mitsui Banking Corporation, Japan’s second largest bank in asset size, has just opened a representative office in Phnom Penh.
NamA Bank classified as having average operations
NamA Bank has been categorised in the Group 2, among banks with average operations, by the State Bank of Vietnam.
Vietinbank to increase chartered capital
The management board of Vietinbank has approved the proposal of increasing chartered capital in 2012 in two phases.
Bangladesh's current account shows more surplus in December
Bangladesh's current account balance recorded more surplus in December due to more remittance inflow and increase in export.
Anti-Money laundering group to explain Thai position
The Anti-Money Laundering Office will explain Thailand's position after the Financial Action Task Force labelled the country "high-risk".
Thailand's KBank to lend $9.85M to Chinese car maker
The Kasikorn Group will lend Dongfeng Automobile more than US$9.85 million as the latter builds its presence in Thailand.
ICBC processes over $15.8 B inter-bank bill discounts in 2011
ICBC Bill Department has processed outright inter-bank discount of bills to a total of over RMB 100 billion or US$ 15.887 billion in 2011. Nearly 70% cash generated was for SMEs.
Bank Islam's junior scheme well received in Sabah, Sarawak
Bank Islam elicited encopuraging response in Sabah and Sarawak for its Al-Awfar Junior savings account for young customers.
Indonesia, Thailand and Pakistan join money laundering blacklist
The FATF added Pakistan, Indonesia, and Thailand along with Ghana and Tanzania to its blacklist.
Simpanan hopes to sustain 10% growth for Islamic account savers
Bank Simpanan Nasional hopes to sustain the 10 percent growth last year for its Islamic banking product account savers.
Bank Negara, Fatwa clarifies issues on forex trading
Bank Negara Malaysia clarified that only licensed banks can buy and sell of foreign currency in Malaysia.
A small victory for the Chinese bank depositor
The lowly depositor has taken one small step towards getting more respect from Chinese banks.
Commentary
Why high capital levels are a double-edged sword for Singapore banks