News
Maybank expects strong growth in Community Service Financial sector
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.
Bank Islam remains open to M&As
The lender wants to the M&A that has a strategic fit, which it didn’t see in the last two failed attempts.
China seen to lift suspension of city banks’ expansion
The regulator to assess lenders' interregional expansion after more than 30 of them have expanded beyond their home provinces.
NAB sets eyes on US investors in RMBS Issue
The lender keen to woo American investors with Australian mortgages in the belief that foreigners are confident in the Australian housing market.
HSBC mulls boosting India unsecured loan retail unit
The lender keen to execute the plan in a cautious and calibrated way despite plunge in profit.
Thought Leadership Centre
In Association with
Most Read
1. Sea rebrands digital finance business SeaMoney to Monee 2. UOB maintains profitability despite possible slower loan growth 3. Japan’s SMBC is buying a 20% stake in India’s Yes Bank 4. Barclays integrates Ant Int’l model to FX hedging platform 5. Malaysia’s development banks told to plug lending gap for MSMEsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth