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27% of Maybank Group's total loan and advances come from its Islamic unit.

The programme is aimed to achieve greater flexibility and diversity in the lender’s asset and liability management.

The lender joins 11 others which could face similar suits regarding overcharging of fees.

The lender sticks to its promise not to seek a rights offer to raise additional capital within two years from its IPO.

ICBC electronic banking posted a turnover of over RMB 100 trillion during the first six months of this year, up 21.8% year-on-year. Of which, turnover of Personal Internet Banking and Mobile Banking rose 37.1% and 387%. ICBC keeps on top of the domestic league table.

The new-generation asset and liability management system developed independently by Agricultural Bank of China Limited has been formally rolled out.

ICBC saw a strong growth trajectory in its RMB business, with a turnover in the first half of 2011 trebled last year's to RMB 406 billion, RMB 280.4 billion in cross-border RMB settlement, RMB 120.6 billion in trade finance.

The 209 outlets of Tibet Branch of Agricultural Bank of China Limited has been interconnected.

The merger poised to become Asia's largest regional asset manager.

Foreign institutions constitute the majority of buyers of the rights whose proceeds are to be used for the lender’s expansion.

The Taiwanese bank seeks to benefit from MOU with the Chinese bank to expand its operations in the Mainland.

With Investment 3.0, the lender provide online platform for investment opportunities though they are away from home.

Union Bank KBC has also launched a series of investor awareness programmes for mutual fund investors.

Lenders are trying to increase interest rates on loans while cutting deposits rates.

 South Korean banks' loan delinquency rate rose for the second straight month in August from a month earlier.

Household loans from banks are down in South Korea for the first time in eight months in September as lenders try to curb growing household debt. Kookmin Bank and three other major banks extended household loans amounting to 276.9 trillion won or US$234.9 billion as of Sept. 29, down 91 billion won from the end of August, according to the data. The September report marked the first monthly fall since January, when banks' household loans declined by 474 billion won. The decline in bank home loans came as local banks scurried to curtail household loans, mostly credit loans, in a bid to meet an advised target by the Financial Services Commission of a 0.6 percent monthly loan growth. The full story is available at Yonhap News.