News

NAB hopes to ease the concerns of the regulator through its revised offer.

Fund to rope in private equity investment in SME's by providing them critical capital for growth.

Takeover of  smaller banks could take place as banks go for competitive edge.

Acquisition will give Affin Bank direct majority shareholding of 80% in the Indonesian bank.

KEB’s interim dividend payment could mean that planned sale of lender would be postponed.

Rebranding focuses on integrating lender’s Wealth group that pools lender’s insurance and fund management businesses.

In a stingingly critical assessment of the failure of IBM systems at DBS, the Monetary Authority of Singapore has ordered DBS to "reduce its material outsourcing risks so that it does not overly rely on a single service provider," which effectively means it is ordering DBS to find another vendor.

HLBB also earned approval from the Minister of Finance to acquire subsidiaries of EON Cap.

Lender plans to hold 150 ‘loan camps’ as it focuses on semi-urban and rural areas.

Lender has raised its loans-to-deposit ratio to 58% behind 1.77% first half net interest margin.

Tie-up with ICBC and BOC expands links on currency remittance and international syndicated loans.

Lender wants to recover from losses first before it considers acquiring other banks.

Bank's performance and rebounding economy prompts lender to dominate more than 22.6% of trade finance pie.

Yet banking experts are worried that the acquisition will strain Hana’s resources.

But misses second quarter forecast behind 24% surge in operating expenses and 40% in staff costs.

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