News
Vietinbank gains VND4.4T profit before tax in Jan-Aug
VietinBank-CTG gained 87% of the year's profit plan based on its recently released report on performance for the first eight months of this year.
Vietinbank gains VND4.4T profit before tax in Jan-Aug
VietinBank-CTG gained 87% of the year's profit plan based on its recently released report on performance for the first eight months of this year.
Saigon Bank allowed to hike chartered capital to VND3.5T
The State Bank of Vietnam’s governor Nguyen Van Binh approved Saigon Bank's application to scale up its chartered capital in 2011.
Singapore's DBS, Sri Lanka's NDB to cooperate more in investment banking
A strategic alliance has been agreed that will see DBS and NDB collaborate in equity and fixed income issuances, syndications, project financing and mergers and acquisitions. An MoU has been signed by the two groups.
Vietnam’s Agribank unhampered by bad debts
Agribank said it faces no finacial problems even as 6.67 percent of its total loans are bad debts.
Maybank expects strong growth in Community Service Financial sector
Maybank expects its community financial services revenue to grow to RM12 billion in 2015, from the current RM6 billion, due partly to increases in businesses derived from its transformed branches.
UOB, OCBC lend $105M to Yinson Securities
Yinson Holdings has signed agreements with UOB Group and Oversea-Chinese Banking Corp Ltd for a US$105 million or RM334.2 million loan.
Banking Amendment Bill positive for Australian banks: Moody’s
The proposed amendments would allow banks, credit unions and building societies to issue covered bonds in the Australian market.
Maybank expects revenue to fall in 2011
The slump in performance of key economies around the world seen to drag down lender’s profits.
Australian banks grab majority share of new home loans
Most non-bank lenders were absorbed by giant banks after the financial crisis.
Chang Hwa Bank maintains pace in China expansion
The lender also eyes setting up branch in Phnom Penh.
DBS launches new savings plan for US and Australian dollars
Customers may get a rate of 1.68% for the US dollar plan and 6% for the Australian dollar.
Metrobank investment unit mulls offering $161.44mn retail bonds
FMIC’s debut access to the general capital markets has planned tenor of 5 years.
Bank of Communications mulls issuing $4.1bn subordinated bonds
The CNY-denominated bonds seen to be released by mid-October.
Maybank and YES BANK establish ties
The alliance seen to step up trade and investment between India and South East Asia.
SBI upgrades MTN programme size to $10bn
The lender doubled also extended 25 bps concessional home loans up to December.
ICICI Bank and Oppenheimer investment banking units join forces
The tie-up to cover securities activities such as equity and debt capital markets services, advisory services, private equity transactions, and wealth management.
HSBC targets selling all Korean branches
The move is part of lender’s worldwide restructuring plan which includes sale of its U.S. credit card and retail services.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
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