News

Inspection to focus on enforcement of MOU signed every two years between Woori and the KDIC.

SBI joins forces with Western Union to open service in its 12,000 branches across India.

The Chinese bank seeks to open banking services in Taiwan under Economic Cooperation Framework Agreement.

The fund divests 2% of its 147mln shares in CIMB.

The lender attributes improved economy to help debtors repay. 

Easi-GIRO gives solutions to help businesses manage their cashflow and records about 250,000 transactions per month.

Deal between MBK and Lone Star relies on what ANZ plans to do. 

Senior employees about to retire will be encouraged to take early retirement compensation package.

Government to Woori stake as it may use divestment to create a dominant financial holding company.

MOUs to likely pave way for future direct yuan settlements between BOC and Taiwanese lenders.

Chinese equity fund aims to point out hidden opportunities in fast-growing economy with daily trading convenience.

17 participating banks were higher than what Kexim expected in fund raising initiative in Taiwan.

Lender expects to expand S$35bln private banking opertions by adding China, Indonesia, and India market.

Date of launching to depend on BNI's rights issue offering scheduled at end of the year. Bank Madiri, Indonesia’s largest bank by asset value, said it supported the government’s decision to put the Bank Negara Indonesia (BNI) rights issue ahead of its own, Mandiri’s chief financial officer Pahala N. Mansury said Sunday.

Lender aims to beef up workforce by adding 1,200 as it plans to double SME clients.

Prefers financial services provider as major shareholder if firm can keep KEB’s identity and job security.