More News

A Russian bank is considering its first issuance of yuan-denominated bonds in Hong Kong.

ANZ Bank Vietnam has been allowed to launch factoring services, according to State Bank of Vietnam governor, Nguyen Van Giau.

CIMB Bank has appointed Datuk Zainal Abidin Putih as chairman of the board of directors.

Woori Bank has raised US$500 million through dollar-denominated subordinated bonds.

EON Bank will use a new campaign to grow its total customer deposits by 15.7 per cent this year.

China's Bank of Communications in the United States will include deposit-taking, lending and trade finance in its services.

The Bank of Japan will inspect whether commercial banks have sufficient risk-management systems and respond appropriately amid computer-system malfunctions.

Indonesia's House of Representatives will inquire further into the death of a Citibank client, Irzen Octa.

The 14th Banking Viet Nam Conference and Exhibition will discuss measures to maximise information technology, diversify banking products and develop non-cash payment outlets.

Sacombank has deployed FIS' IST/Switch payment processing solution, enabling the bank to expand its ATM network by more than 15%.

BPC Banking Technologies completed the first phase of a project to implement its SmartVista e-payment solution in ABBANK.

BIDV and Smartlink Card Services will provide online payment services for Vietnam Airline tickets to customers using ATM post-paid cards.

Limited credit information on borrowers is a key risk facing Chinese banks.

Maybank has added enhanced security features to its Internet banking portal, Maybank2u.com.

Sumitomo Mitsui Banking Corp announced that that its subsidiary in Kuala Lumpur will begin operations on April 11.

The lender’s capital adequacy ratio rose to 11.47% in 2010 from 10.45% at end 2009.