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Citic HK to issue US Dollar subordinated bond
10-year bond released by lender is rated Baa3 by Moody's and BBB by Fitch.
Citic HK to issue US Dollar subordinated bond
10-year bond released by lender is rated Baa3 by Moody's and BBB by Fitch.
ICICI to acquire Bank of Rajasthan rural branches
Yet ICICI's ‘foreign-owned, Indian-controlled' tag could hamper change in sponsorship of MAGB.
Hong Leong Bank unveils Business Flexi FD
Product gives companies power to optimise cash flow by enabling customers to withdraw before tenure period.
Maybank Singapore gives away $5mln cash rewards
Pocket Me GIRO intends rewarding customers when they GIRO with the lender.
HSBC unveils new China headquarters
China network reaches 100 outlets with new Premier centre in Shanghai.
BDO Leasing posts 19% growth in 2009
BDO Leasing grew its net loan portfolio by 19 percent to US$194.96 million in 2009 from US$164.97 million in 2008. Meanwhile total assets ballooned by 25 percent to US$280.66 million in 2009 from US$222.8 million the previous year.
New building symbolises BEA's commitment to mainland
BEA China opened its new Head Office Building in Lujiazui, Pudong New Area, Shanghai.
Bank Ekonomi increases 1Q profits by 30%
Bank Ekonomi reported profit before tax of US$17 million for the three months to 31 March 2010. It is an increase of 50 percent on the same period in 2009.
NB Bank to remit money from Oman
NBB entered an agreement with Oman International Exchange LLC to extend inward foreign currency remittance facility to Nepalis in Oman.
Affin seeks central bank's nod for EON takeover
Lender willing to offer $1.58bln worth of combined cash and shares.
New CIMB product offers dual income returns
Dual Income Insurance Plan enables customers to earn from the range accrual of KLIBOR, and equities indices of developed nations.
2 China megabanks near bonds, shares offering launch
Country's securities regulator approved Bank of China bonds offering while it will review BoComm's proposal Friday.
Hong Leong ups net income by 3.5%
The quarter ending in March 2010 shows an uptake in loan growth momentum for Hong Leong Bank. Loans growth rebounded to 8 percent year-on-year in March 2010, against 2.2 percent for the first six months ended December 2009.
ANZ expands wealth management services in Japan
ANZ launched a new sub-branch in Nagoya to provide more convenient wealth management services to Japan’s major metropolitan centres.
OCBC sells equity fund sans upfront charges
Some analysts see the unprecedented move will be followed by other players.
Hatton records Rs.652.8 million post-tax profit
HNB's first quarter pre-tax profit increased to US$10.49 million from US$10.33 million in the same period last year. The Group's pre-tax profit for the period also improved to US$10.72 million from US$9.97 million amidst re-pricing of assets and liabilities taking effect, subsequent to the sharp reduction in interest rates in the final quarter 2009.
Extension of Axa Asia deal with NAB possible
Parties discuss move to sell assets to appease the Australian Competition & Consumer Commission.
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