News
China's central bank to enhance short-term bills release
The PBOC may defer its issuance of three-year central bank bills in its open market operations this week as it didn't ask lenders to report for the product’s demand.
China's central bank to enhance short-term bills release
The PBOC may defer its issuance of three-year central bank bills in its open market operations this week as it didn't ask lenders to report for the product’s demand.
OSK Research: CIMB lukewarm over RHB merger
CIMB is said to be "lukewarm" towards a merger with RHB.
China Everbright Bank expects July listing in Hong Kong
China Everbright Bank Co. is expected to list at the Hong Kong Stock Exchange as early as mid-July.
Maritime Bank to open 6 branches
The State Bank of Vietnam approved Maritime Bank's application to open six new branches.
Cash withdrawal accounts for 83% of Vietnam ATM transactions
According to Duong Thu Huong, General Secretary of Vietnam Banks Association, up to 83% of number of ATM cards are being used for cash withdrawal.
Bank of Korea raises rates to 3.25%
Governor Kim warns of another rate hike in the third quarter.
Bank of China gets nod to bring CNY back to Mainland
Move is part of China’s scheme of globalizing the currency as many Chinese and foreign businesses tapping Hong Kong's burgeoning market for renminbi debt.
Woori and BoCom join forces
The strategic alliance of two lenders enables parties to cross-sell products, step up global co-operation and sharing of information among the two lenders' subsidiaries.
PNB raises P6.5 B from sale of debt notes
Philippine National Bank raised P6.5 billion by selling 10-year debt notes qualifying as tier 2 or supplementary capital.
TienPhongBank sees profit double in Jan-May
TienPhonBank obtained VND139 billion in pre-tax profits in the first five months of the year, doubling the figure in the same period last year.
Commonwealth Bank mulls offering $5.37bn covered bonds
The lender immediately wants to test the market once new laws that seeks to clear the way for Australian lenders to issue covered bonds is passed.
NAB starts new social media campaign
The lender said companies would be left behind if they failed to grasp social media marketing, which had proved successful by its own experience.
China’s banking regulator throws small business a lifeline
New rules lowering reserve ratio for loans to SME’s designed to get credit flowing back to the country’s suffering small businesses
Bank of Ayudhya denies reports it is in talks with RHB
RHB eager to buy Thai banks to take advantage on the robust growth in the country's banking sector.
RHB ready to deal with CIMB, Maybank
RHB Capital has received permission from Bank Negara to negotiate with CIMB Group and Maybank on merger plans.
Woori Finance ties up with China's Bank of Communications
South Korea's Woori Finance has signed a preliminary agreement for strategic partnership with China's Bank ofCommunications.
Stanchart kicks off Singapore online shares trading
The lender opens its doors to allow customers to settle their trades in 14 exchanges in 10 countries.
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