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Military Bank raises deposit rates for foreign currency savings
Military Bank raises deposit rates for foreign currency savings
Military Commercial Joint Stock Bank announced to increase the deposit rates for depositors in US dollars and euro by up to 1.5 percent per year, starting from February 17, 2011.
VNPost gets nod to make capital contribution in LienVietBank
Prime Minister Nguyen Tan Dung approved Vietnam Post's capital contribution in LienVietBank by merging its member company of Vietnam Postal Savings Service Co into the bank.
Kasikornbank extends financial facilities to Japanese businessmen
Kasikornbank enhanced its business partnership with Shizuoka Bank by connecting the financial service networks of the two banks. It's aim is to increase financial transactions by 4 billion Baht and becoming the top Thai bank serving Japanese customers.
KTB to cut on outside area fee rate
Krung Thai Bank is going to reduce its outside area transfer and withdrawal’s fee to 15 baht for customers conducting transactions through the Bank’s ATMs and ADMs.
SCB unveils 2011 SME lending strategies
SCB announced ts SME lending strategies for 2011, highlighting a diverse range of innovative credit programs and attractive promotional campaigns all year round.
China Bank inks deal with SunGard
China Bank has selected SunGard’s Ambit Asset Liability Management solution.
Maybank net profit up 14.8% in 1H 2011
Pre-tax profit for the six months ended December 2010 increased to RM2.97 billion compared to RM2.56 billion in the previous corresponding period ended December 2009.
Hong Leong new credit card to offer cash
Hong Leong Bank launched the first-to-market credit card to offer customers real cash.
Mandiri allocates $12M for IT development
The country’s biggest lender in term of assets, state-owned Bank Mandiri, has earmarked US$12 million for IT system development.
Woori Bank to select new head
Woori Finance Holdings will select a new chief of Woori Bank as it wraps up the nomination to lead the group's chairmanship.
Foreign banks optimistic about Vietnam's economy
Standard Chartered Bank is optimistic about Vietnam's economy and sees many growth opportunities in the country.
Maybank names John Lee Hin Hock Chief Risk Officer
The lender banks on Lee’s specialisation in business strategy, risk management and performance management.
ICBC pledges support for China's publishing industry
ICBC agreed to loan at least US$9.1 billion to China's press and publication sector over the next five years.
StanChart Vietnam joins Smartlink network
Standard Chartered Bank (Vietnam) would be the first international bank to join the Smartlink network.
VietinBank offers online payment for airline tickets
Vietnam Airlines joined forces with VietinBank to introduce an online payment facility for customers through the E-Partner debit card.
ACB launches fingerprint identification system
The Asia Commercial Bank has started screening fingerprints to identify account owners instead of signature and identity cards as before.
HSBC launches renminbi deposit accounts in Singapore
HSBC said it has launched renminbi deposit accounts for its customers in Singapore, making it one of the banks offering such services in Singapore.
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