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BOCHK’s subordinated notes rated 'BBB+'

Standard & Poor's assigned its 'BBB+' rating to BOCHK’s proposed U.S. dollar-denominated subordinated notes due 2020.

BOCHK’s subordinated notes rated 'BBB+'

Standard & Poor's assigned its 'BBB+' rating to BOCHK’s proposed U.S. dollar-denominated subordinated notes due 2020.

DBS inaugurates new headquarters building in Shanghai

Singapore's largest bank continues to grow its branch footprint in China with the inauguration of DBS Bank Tower located in Lujiazui.

Major Arab bank eyes sale of RBS unit in Pakistan

The biggest publicly traded Arab investment bank is looking at acquiring a majority stake in the beleaguered Pakistan unit of Royal Bank of Scotland PCL, an official of the nation's central bank said Thursday.

DBS gears up China expansion

Bank highlights China market as it plans adding 12 branches here within next 5 years.

Mandiri partners with Indian bank for remittance operations

Tie-up between Mandiri and SBI Indonesian unit aimed to capitalise on numerous Indians working overseas.

Bank of India's unsecured notes get 'BBB-'

Standard & Poor's rated Bank of India's proposed senior unsecured notes under its US$2 billion medium-term notes program a 'BBB-'.

Bank of Taiwan inaugurates Shanghai office

February 1 opening seen to symbolize improving financial cooperation between China and Taiwan.

ANZ receives unibank license from Philippines' central bank

ANZ became the first foreign bank to be granted universal status by Bangko Sentral ng Pilipinas.

Mega Financial eyes extending cooperation with China banks

Mega wants more collaboration with Chinese lenders after it released $31 million loan with BoC.

Krung Thai Bank launches E-Cheque service

Krung Thai Bank has developed electronic money transfer innovation for payment of goods. 

State Bank of India considers raising $4.3bln

SBI plans procuring funds through equity within 2 years to reach capital requirement target.

China Merchants Bank gets nod on rights issue

Regulator's approval could bring in additional $3.2 billion after lender's expansion.

Metrobank entrusted to manage BSP Provident Fund

Lender's fund management excellence earned accreditation from the Philippines' central bank.

Hang Seng unveils Foshan sub-branch

Hang Seng China opened its first cross-city sub-branch in the Nanhai District, Foshan City.

BPI Globe BanKO to lend $21.67bln for microfinance

Venture resulting from partnership of BPI and Globe Telecom aims to maximise lender’s wholesale microfinance portfolio.

Vietcombank reports 45% earnings growth in 2009

Surge in profits was propelled by government's stimulus package that fostered bank's lending.

Krung Thai eyes 30% surge in fee income

Lender's optimism extends to its expansion plans and growth in consumer loans.