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China Bank opens two more branches
China Bank further strengthened its branch network in Metro Manila by opening two more branches at Kalayaan Avenue and Pasig-C. Raymundo. The Bank now has a nationwide network of 225 branches plus three China Bank Savings branches.
China Bank opens two more branches
China Bank further strengthened its branch network in Metro Manila by opening two more branches at Kalayaan Avenue and Pasig-C. Raymundo. The Bank now has a nationwide network of 225 branches plus three China Bank Savings branches.
Zarai Taraqiati pegs credit plan at $968M
Zarai Taraqiati Bank Limited's new credit plan for fiscal year 2009-10 will amount to US$968 million for different development schemes.
UnionBank new branch in CARAGA to appease govt workers
UnionBank opened a branch in Butuan City to finally make its presence in the CARAGA region and finally pacify irate government workers.
Philippine GE Money now a Banco De Oro subsidiary
Banco De Oro has completed the purchase of 98.81 percent of the issued and outstanding common stock of GE Money Bank. At the same time, the Bank finalized the acquisition of the entire preferred capital stock of GE Money Bank in the Philippines.
Siam Commercial eyes 60,000 high-end clients for new card
Siam Commercial Bank is targeting 60,000 card holders within one year for its new "SCB Beyond Platinum" Credit Card aimed at expanding the high-end customer base. It has a wide range of benefits under the "Always Upgrade" concept catering to all client lifestyles, such as an entitlement of up to 4 times reward points, upgrading of air tickets and hotel accommodations, and many other privileges.
Veterans Bank furthers expansion with Dagupan branch
The Philippine Veterans Bank recently inaugurated its newly relocated branch in Dagupan City, now located at Burgos St., Dagupan City.
Acleda's ATMs to receive electricity payments
After being chosen by the Cambodian government to facilitate tax payments, Acleda Bank's ATMs will now receive electricity payments in behalf of the Electricité du Cambodge.
Malay, Singaporean banks tie-up for yuan trade
Hong Leong Bank partnered with the Industrial and Commercial Bank of China in Singapore to offer trade settlement services in Yuan. This is part of China’s plan to make yuan convertible.
Maybank tailor-fits shariah for mid-markets
Maybank Islamic launched a Shariah-compliant trade finance solution tailor-made for middle market and corporate customers involved with commodity-based products.
BEA expands in Taiwan via wealth management
The Bank of East Asia opened its its newly-formed and wholly-owned wealth management services subsidiary in Taiwan.
Bangkok Bank boosts Internet economy with payment options
Thousands of Google AdWords customers across Thailand are getting assistance from Bangkok Bank financial pre-payment options.
Maybank opens fifth branch in Cambodia
Maybank has expanded its branch network in Cambodia with the opening of the fifth branch in the country. It is located at Chbar Ampov Town, south east of Phnom Penh City.
Postal services tapped for Thai transfers
Bangkok Bank has cooperated with postal services in Japan, South Korea, and Israel for transferring funds to recipients' accounts at Thai banks.
Kbank 1H09 profit down to US$220.5M
Kasikornbank and its subsidiaries recorded a net profit of US$220.5 million for the first half of 2009. The said net profit is 13.83 percent lower than US$255.89 million net earning during the same period last year.
OCBC 2Q net profit up by 10%
OCBC Bank reported a net profit of US$325.3 million in the second quarter of 2009, up 10 percent from the US$296.6 million profit a year ago. Excluding the non-core gains and tax refunds of US$30.7 million in the year ago period, core net profit increased 22 percent, driven by growth in net interest income, higher insurance income contributions and lower expenses.
Maybank clients get to personalise tenure dates
With 60 percent of customers opting for 9 and 12 month tenures, Maybank Singapore allows personalised tenure dates with its Choice Date Time Deposit.
KTB providing loans to all industrial sectors
Krung Thai Bank approved over US$17.63 billion loans to telecommunications, automobiles and the petro-chemical industries in the first half of 2009.
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