News

Hana said to have cut the agreed purchase price as KEB shares have fell sharply since the transaction was agreed..

Through Project 35, the lender joins major banks in adjusting to a new, post-financial crisis environment.

The possible takeover will augment to KDB's flagship businesses: investment banking and corporate financing as HSBC downsizes retail business.

BSP officials believe easing of rules on foreign exchange would help prevent the steep fall or rise of the peso.

Escalating borrowing costs and declining property prices erodes demand for mortgages in the developed world.

The lender’s non-performing loan ratio was only 3.2% as of June as they continued to trim their soured loans and give out more loans.

The sovereign wealth fund’s support for state-owned banks spurred HKSE rally.

Sacombank estimated its pre-tax profit in January-September at VND2.17 trillion unconsolidated, according to Vietnam Daily News, citing a Dau tu newspaper report.

The Commercial Bank of Ceylon has enabled customers to transact in Chinese Yuan for import and export dealings with counterparts in the People’s Republic.

The State Bank of Vietnam governor has issued a decision approving Southern Bank's application to increase its chartered capital to over 3.212 trillion dong., reports Vietnam Daily News.

Twelve Vietnamese commercial banks which account for 85 percent market share have reached an agreement not to exceed the deposit interest rate ceiling of 14 percent per year, according to Vietnam Daily News.

A Deutsche Bank report said the country’s banks can weather recessionary risks and severe shocks to the international banking system.

The company eyes selling 66.74mn new common shares at $7.70 each.

The part of the lender’s school banking program is putting up miniature banks in target 68 schools.

DBS has in turn acquired a 7.25% interest of the enlarged Nikko AM.

The Agricultural Bank of China recorded cross-border RMB settlement volume of RMB121 billion by end of August, including an increase of RMB89.15 billion or increase rate of 1156% in 2011.