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Bank of Philippine Islands Q4 net up 7%

2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth. 

Bank of Philippine Islands Q4 net up 7%

2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth. 

Bank of Philippine Islands Q4 net up 7%

2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth. 

United Bank of India targets $72mln from IPO

Lender eyes raising the amount by offering 50 million shares worth between $1.3 to $1.43 each.

2 Australian banks report better than expected profits

Bendigo and Adelaide Bank's profit increases as investor confidence on regional banks rebounds.

Bank of the Philippine Islands launches yuan-denominated account

Growth in yuan transactions to $25.54mln in 2009 from $7,313 in 2008 prompted Renminbi products offering.

UniCredit pulls trade team out of Singapore

The bank's Forfaiting & Trade Finance business moved to Hong Kong, headed by Charles Brough and Florence Kwan.

Standard Chartered loans Philippine bank CARD $1.62 M

Standard Chartered Plc. has agreed to lend Philippines-based Card Bank P75 million, or about $1.62 million.

Shimao Property hires HSBC and StanChart for $400M loan

Two people familiar with the matter said Shimao Property, a Chinese developer controlled by billionaire Xu Rungmao, hired the two banks for a three-year loan.

BankIslami to conduct due diligence on EGIBL

State Bank of Pakistan has permitted BankIslami to conduct due diligence on Emirates Global Islamic Bank Limited.

China Bank opens first of 40 new branches

China Bank opened its Cebu-Mandaue Cabancalan Branch, its 248th nationwide and 15th in Cebu.

China Exim Bank to receive Central Huijin funding

Central Huijin plans to inject $7.32bln to the lender and China Export & Credit Insurance Corp.

Sinopac and Taishin reveal loan exposure in Spain

Banks assured customers that they will watch closely on their loan exposure in the European country.

StanChart to hire 500 in HK for wealth management

Standard Chartered said it is planning to hire 500 more employees this year for its wealth management business in Hong Kong in time for Asia's wealth surge.

Siam Commercial retains strict requirement on personal loans

Minimum monthly income of $452 is still required by lender for personal loans and credit cards.

State Bank of India upgrades centralised banking system

Lender invested additional $192,475 to step up customer service in its 13,000 branches through technology.

BoCom shares dip after news on rights offer

Following a newspaper article saying the lender may raise more than 20 billion yuan, or $2.9 billion, in a rights offer, Bank of Communications Co. shares dropped to their lowest in more than three months in Hong Kong trading.

SC First assigned as primary dealer of T-bills

Korea’s Finance Ministry is confident the lender can largely contribute to enhanced circulation of treasury bills.