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SCB reported a 2009 net profit of US$630.6 million--almost at par with the record high set in 2008. In addition, the Bank reported a resumption of loan growth at 2.5 percent, significantly higher fee income at 10.9 percent.

BOT chair said it considers buying China's municipal banks while forming alliances with its top lenders.

The Bank of East Asia became the first mainland-incorporated foreign bank to open a “cross-location” sub-branch in Zhongshan, Guangdong Province.

Public Bank now offers Chinese Yuan Fixed Deposits and Chinese Yuan Current Accounts through an arrangement with Bank of China Berhad.

Talks with 3 to 4 small-scale Indonesian banks are part of the Indian lender's overseas expansion scheme.

The state deposit insurer maintained hope for a possible takeover of troubled lender by March.

Canara is the sixth Indian lender to set up a branch in Leicester.

BEA China followed the “cross-location” trend in Foshan with the opening of its sub-branch. The bank group became one of the first mainland-incorporated foreign banks to open a “cross-location” sub-branch in Guangdong Province.

BEA China followed the “cross-location” trend in Foshan with the opening of its sub-branch. The bank group became one of the first mainland-incorporated foreign banks to open a “cross-location” sub-branch in Guangdong Province.

The Bank of East Asia Limited has launched four constituent funds under its Mandatory Provident Fund schemes.

Bangkok Bank collaborated with China UnionPay to create a credit card widely accepted in China, Hong Kong, Macau and 31 other countries worldwide. Thai cardholders will receive the same privileges as local Chinese.

ABBank's selling of 5% of its stake to Maybank makes it on equal footing with HSBC.

Bank joins bandwagon on profiting from the recovery of realty sector with a promo.

Hwatai Bank is expected to generate pre-loan profits in two years with less credit costs and breakeven bottom-line.

The recent upgrade of India's foreign currency deposit ceiling also improved that of its banks. Moody’s Investors Service also upgraded the long-term FC deposit ratings of 14 Indian banks to Ba1 from Ba2.

China Bank opened another five branches in Metro Manila to bring its nationwide branch network to 237. This excludes the six China Bank Savings branches.