News

Bank Maybank Indonesia expects lending to grow by 20 percent this year, according to a top executive.

Foreign banks that today supply only 5% of India’s total lending will soon be required to provide some 40% of loans needed by small businesses and exporters.

A massive restructuring by the world’s second largest bank continues to surprise with its depth.

Maybank posted RM3.563 billion or US$1.18 billion in pre-tax profit in the first six months ended Dec 31, 2011.

China’s Big Four banks have less and less to cheer about as the year stumbles on.

Bank Permata reported an increase in profit last year as loan demand by Indonesian consumers and corporations rose and the economy grew.

The souring Chinese economy continues to dent the bottom line of Chinese banks.

Bank Muamalat started its repositioining program of upgrading and reocating branches with its 57th branch in Temerloh.

The Oversea-Chinese Banking Corporation Ltd, Singapore’s largest local bank by market capitalisation, has reported encouraging operating results for 2011.

China's micro-credit sector experience massive growth with encouragement from the government.

Japan isn’t the only country looking to strike M&A fortunes in Europe.

CIMB Group’s Asian expansion plan will not be significantly impacted by its purported acquisition of Asian assets of the RBS.

ANZ chief executive Mike Smith  promised to protect future profits by again raising lending rates independently of the Reserve Bank.

Analysts forecast that South Korean financial services groups will post robust earnings this year.

Increase in loan-loss provisions caused IBK's fourth-quarter earnings to go down by 73 percent from one year ago.

Korea Eximbank will form a consultative group with five Chinese banks to help Korean firms win large overseas projects.