News
Habubank raises chartered capital by over VND1T
Habubank raises chartered capital by over VND1T
Habubank finished hiking its chartered capital from 3 trillion dong to 4.05 trillion dong and officially registered the new chartered capital in Hanoi Department of Planning and Investment from September 9, 2011.
Citibank in Malaysia targets 100,000 new cardholders
Citibank Bhd expects to attract 100,000 new cardholders over the next three years with its newly-enhanced Giant-Citibank Credit Card.
Sacombank launches Vietnam’s first wholly owned overseas bank
Sacombank became the country’s first banking institution to launch a wholly owned incorporation in a foreign country with its Cambodia unit.
SBI will not raise lending rate
The lender believes the move will make it uncompetitive.
Siam Commercial Bank retains 18% loan growth target in 2011
The lender still optimistic of the goal despite expected slowing down of lending growth in the fourth quarter.
Westpac earns $1.5bn in residential mortgage securities
Australia’s top 4 banks, which include Westpac, hold $1tn loans portfolio in mortgages.
Malaysia aims to become global Islamic finance centre
The government targets further enhancing stakeholders' confidence and enhance the integrity of the Islamic financial industry.
RHB-OSK merger yet to get Bank Negara’s nod
Analysts believe Malaysia’s central bank’s approval will come if it will be supportive of consolidation of the banking sector.
Thailand allows 5 foreign banks to offer baht bonds
BNP Paribas, Banco Santander Chile, Westpac, Svenska Handelsbanken, and Woori Bank can already sell a combined $1.1bn baht-denominated bonds.
Japan’s megabanks receives $43bn credit offer for M&A abroad
The offer is part of a government program releasing $100bn of forex reserves to JBIC to spur purchases overseas.
Hana Financial to push for KEB takeover after ruling
Hana awaits South Korea financial regulator’s next move, which may include orderingLone Star to sell most of its 51 percent stake.
Malaysia to boost efforts to become Global Islamic Finance hub
Malaysia will continue its efforts to strengthen its position as an international Islamic financial centre and contribute towards the internationalisation of Islamic finance.
DBS to slash Singapore dollar deposits rates
Lending activity has started to ease off as banks become more careful.
OCBC woos customers defecting from French banks
The lender wants to gain share from defectors who withdrawn billions of their investments from French lenders.
Commonwealth Bank resolves class action suit
The class action by retiree Elizabeth Saunders and 14 others settled on a confidential basis.
Assets under management soars 76% in leading Asia-Pacific banks
Citi surpasses UBS as the leading high net worth wealth manager in Asia-Pacific according to a Private Banker International report.
RHB and Credit Guarantee Corporation to enhance SME financing
The tie-up’s Enhancer Direct scheme to assist viable SMEs that are unable to secure financing due to insufficient collateral.
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
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