News

South Korean banks are reluctant to lend households in the second quarter due to their weaker capability to repay debts.

Japan's biggest lender has not lost its appetite for massive mergers and acquisitions.

China takes another step towards opening its highly regulated banking system to the outside world.

Three Japanese trust banks have been merged last Sunday to create the nation 's biggest trust bank.

Union Bank will focus on retail lending and aim at improving customer service, says its new CMD, D Sarkar.

BCA will add between 2,500 to 3,000 ATMs throughout the country this year, according to its executive director Jahja Setiatmadja.

BDO Unibank Inc would raise $1 billion addtional capital through a rights offer.

Will it be able to topple Credit Suisse as it acquires Royal Bank of Scotland?

DBS plans to acquire remaining less than 30% listed shares from minor shareholders through amandatory tender offer of IDR7,000 per share.

The credit flow of 32 Nepalese commercial banks to various sectors dropped 5 percent in the first seven months of the current fiscal year.

Kiatnakin Bank plans to complete its merger with Phatra Capital by August, with revenue from the integrated business to be recognised by the fourth quarter.

ICBC's net profit for January to December period gained 26% to CNY208.27 billion or US$33 billion from CNY165.16 billion.

Investors have expressed interest in buying a stake in Bank Danamon from its controlling shareholder.

OCBC NISP is looking to raise Rp 1.5 trillion or US$163.5 million  to strengthen its capitalization and extend loans by offering rights shares.

State Bank of Vietnam's efforts to speed up the bank restructuring process is expected to lure five to eight banks in mergers this year.

China Construction Bank registered a 25.48% growth in its $26.89 billion net profit in 2011.