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4,987 officers would be recruited for associate banks of the lender.

The lender secured government backing on the capital raising activity following posting of one of the lender’s lowest Q4 profit last month.

Analysts doubt on the lender’s ability to maintain its profit growth momentum, after the bank revealed a spike in mortgage arrears.

The PBOC may defer its issuance of three-year central bank bills in its open market operations this week as it didn't ask lenders to report for the product’s demand.

CIMB is said to be "lukewarm" towards a merger with RHB.

China Everbright Bank Co. is expected to list at the Hong Kong Stock Exchange as early as mid-July.

The State Bank of Vietnam approved Maritime Bank's application to open six new branches.

According to Duong Thu Huong, General Secretary of Vietnam Banks Association, up to 83% of number of ATM cards are being used for cash withdrawal.

Governor Kim warns of another rate hike in the third quarter.

Move is part of China’s scheme of globalizing the currency as many Chinese and foreign businesses tapping Hong Kong's burgeoning market for renminbi debt.

The strategic alliance of two lenders enables parties to cross-sell products, step up global co-operation and sharing of information among the two lenders' subsidiaries.

Philippine National Bank raised P6.5 billion by selling 10-year debt notes qualifying as tier 2 or supplementary capital.

TienPhonBank obtained VND139 billion in pre-tax profits in the first five months of the year, doubling the figure in the same period last year.

The lender immediately wants to test the market once new laws that seeks to clear the way for Australian lenders to issue covered bonds is passed.

The lender said companies would be left behind if they failed to grasp social media marketing, which had proved successful by its own experience.

New rules lowering reserve ratio for loans to SME’s designed to get credit flowing back to the country’s suffering small businesses