News

Malaysia's CIMB launches money transfer service to 5 Asian countries

Malaysia's CIMB launches money transfer service to 5 Asian countries

CIMB launched its international money transfer service, SpeedSend, to Myanmar, Vietnam, India, Bangladesh and Nepal.

Raiffeisen Bank International now in Hong Kong

Austria’s third largest bank can now do business in Hong Kong.

India's ICICI Bank to collaborate with African bank

India's ICICI Bank and Togo's Ecobank will collaborate to extend banking services across their combined footprint in India and Africa.

Bangkok Bank to expand in Myanmar

Bangkok Bank plans to increase its bank partnerships in Myanmar from four, in line with higher investing demand from Thai customers.

Four Thai banks report strong Q3 earnings

Four of Thailand's banks reported robust profits for the third quarter.

New Beijing branch strategic and timely for Maybank

Maybank President and CEO, Datuk Seri Abdul Wahid Omar, describes the opening of its Beijing branch as strategic and timely.

RHB Bank sees 1.5 million internet, mobile customers by 2013

RHB Bank Bhd expects to almost double its internet and mobile banking customers to 1.5 million by next year.

CIMB hopes to double debit cards market share next year

CIMB Bank expects to raise its market share for debit cards from the current 5.7 percent to 10 percent next year.

3 keys to Korean banks' resilience against foreign currency liquidity risks

Among the ways is terming out debt maturities and it finally paid off.

Here's the latest on Philippine banks' real estate exposure

Philippine banks are now forced to submit a quarterly expanded report on real estate exposure from 30 January 2013.

Maybank’s Chinese operations in huge expansion

The Greater China operations of Malayan Banking Berhad or Maybank are now the third largest overseas contributor to the group’s pre-tax profit after Singapore and Indonesia.

Thailand's Tisco looks to break Q3's record net

Tisco Financial Group reported a net profit of Bt953 million in the third quarter, marking a new quarterly high.

Maybank likes Thailand but has other priorities

If Maybank acquires a Thai bank, it would be based on terms and an environment that it was comfortable with and would not be purely for the sake of having a representation.

ICBC sees growth in Singapore shipping

China’s biggest bank intends to focus its attention on building its ship finance business in Singapore.

China Huarong morphs into joint-stock company

China Huarong Asset Management Co Ltd has been officially transformed into a joint-stock company focused on bank-related businesses.

Vietnam wants more discipline in banking system

Vietnam has ordered its central bank to take timely measures to stabilize the banking system and regain the confidence of the public and investors.

South Korean banks overcharge borrowers

South Korea's major banks have been charging borrowers higher interest rates over the past few weeks.