News
Eximbank, ADB ink US$2.5 B co-financing deal for infrastructure projects
Eximbank, ADB ink US$2.5 B co-financing deal for infrastructure projects
The Export-Import Bank of Korea signed an MOU with the Asian Development Bank on financing the Asian region's infrastructure development projects that are to be undertaken by South Korean firms.
Muamalat allocates RM56M for branch renovations/relocation
Bank Muamalat Malaysia Bhd has allocated about RM56 million to renovate or relocate its 56 branches.
Hong Leong seeks M&A in emerging markets
The lender seeks growth opportunities abroad as banking competition increases in Malaysia.
DBS Bank targets to step up India presence
The lender to set up four branches immediately after India’s central bank gives nod to expansion plan.
Taiwanese financial companies post profit surge
Experts believe trend to continue amidst the possible signing of an insurance trade pact between Taiwan and China and Taiwan’s 2012 presidential elections.
CBA, UOB allowed to raise stakes in Vietnam's banks
Commonewealth Bank of Australian and Singapore's UOB can raise their staeks in two Vietanmese banks to the 20 % ceiling for foreign ownership according to Vietnam's central bank.
Hong Kong banks help provide elderly with financial options
Seven Hong Kong banks joined the Mortgage Corporation’s Reverse Mortgage Programme to help provide elderly with additional financial planning option.
Bangkok Bank launches financial innovation for petrochemical businesses
Bangkok Bank has signed an MOU, agreeing to provide a full range of financial services, called 'Smart Chaqin Solution", to PTTPM business partners.
Hana and Lone Star slash KEB deal price by 6%
But analysts say contract extension is enough to convince investors that the two companies can close the deal.
SBI aims to raise $5bln via overseas debt
The move to fund loans in India after the lender suffered dip in its Q4 net profit.
RHB still seeks for merger partner
RHB maintains interest in M&A even after Maybank and CIMB dropped the plan.
Kookmin Bank divests $1.7bln of its KB shares
The lender offered 35mn shares at a price range of $48.8-$49.2 to meet regulations.
Bank Islam confident of maintaining growth momentum this year
Bank Islam expects to exceed the RM503 million profit growth recorded during the 18-month period ended Dec 31, 2010.
KEB sale price reduced, deal extended
Hana Financial Group has agreed to extend a deal with U.S. buyout fund Lone Star Funds to buy a controlling stake in Korea Exchange Bank.
Temasek still keen on China despite $3.6bn shares sale
China accounts for 20% of the Singapore state investor’s portfolio despite sale of shares in two Chinese banks.
SME Bank on target for RM1.5 B loan dispersal
SME Bank is on target to disburse RM1.5 billion in loans by year-end.
Bank Islam eyes 32 new branches by 2014
Bank Islam Malaysia Bhd plans to open 32 new branches by 2014 including in Sabah and Sarawak.
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. Malaysia’s development banks told to plug lending gap for MSMEs 5. DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.Resource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Nonbank lenders are now providing capital even to low-risk corporate clients.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth