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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.

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.