News

Moody’s says GDP growth of 5% - 6% will help support the banking sector’s sustainability in earnings.

CRBC says the total assets of foreign banks in China increased to RMB 1.74 tn at the end of 2010.

OceanBank pledged to provide financial and banking services to Vinalines including lending for purchasing ships, advising card services, and others.

BDO emerged as the second bidder of PBCom after ISM Communications.

Kelly defied property experts’ forecasts by saying that although mortgage arrears have increased Australia’s economy will keep the housing market intact.

The British bank is among the suitors which aims to capitalise surging demand for Islamic banking business in Indonesia.

The lender plans to establish four more points this year bring itself closer to clients at the heart of export and import activities.

BoA could use the proceeds to comply with tougher capital requirements that may be imposed by regulators for prevention of a repeat of the 2008 financial crisis. 

Stake sale in danger of collapse anew as FSC vice chairman said the regulator to forgo plan to ease ownership rules.

China Banking Regulatory Commission announced that it will keep approving domestic lenders' establishment of new branches.

This, as 10 largest regional banks and banking groups report a decline in both credit costs and interest paid on deposits, says Fitch.

The Royal Bank of Scotland says this resulted from the recent 50 point hike in the central bank’s reserve requirement ratio.

Royal Bank of Scotland says the 24% rise in aggregate loan to GDP ratio followed by years of de-leveraging could lead to a banking crisis.

Mayban IB Holdings can exercise its right of compulsory acquisition of all Kim Eng Shares at US$2.51 per share.

Move to tap currency’s booming popularity, as China is expected to further liberalize policies for yuan-denominated investment instruments.

The lender chose organic growth than M&A for expansion as it opens opportunity for sustained growth for those wanting to tap into the Indian market.