News

BNI plans a December rights issue after Indonesian government delayed Bank Mandiri's $1.5bln plans until 2011.

Two Private Banking heads for Greater China and Singapore will succeed Monica Wong as Chief Executive of Private Banking in Asia.

Government infrastructure projects helped boost the lender’s profitability, which is $23.43mln above forecast.

The lender sees Hong Kong capable of attracting investors of private trust funds and investment immigration.

Analysts say move shows shifting of Temasek’s focus to resources sector-analysts while crippling Hana.

JV aims to hire 14,000 staff and open 400 branches as it compete with AgBank-StanChart JV.

I-Express opens access through network of over 2,500 branches and 5,600 ATMs, and 55,000 Visa-enabled ATMs.

Ex-vice chairman charged with insider trading and banking regulation breaching over the firm's planned acquisition of Mega Financial.

Customers can save about 1% in the cost of yuan settlement services.

Seeks to sell of major stake as existing shareholders are not eager to contribute additional capital.

The bank offended the rule regarding compensation of directors as it incurred travel expenses worth $29,700.

The Monetary Authority of Singapore’s (MAS) tightening of monetary policy to benefit banks operating in Singapore, according to Moody's Investor Service.

Woori and KT will sign an MOU as two parties will continue to negotiate purchase price.

The lender aims to use proceeds to fuel CAR growth in anticipation of higher capital standards.

CIMB Thai unit sees return to profit in first nine months after posting $1.36mln loss.

CBRC enables upgrading into official branches Cathay United’s Shanghai and Hua Nan Commercial’s Shenzhen offices.