News

San Miguel Corp is close to selling 60 percent of its Bank of Commerce to Malaysia's CIMB Group.

China begins to relent after two years of resorting to almost Draconian measures to cool down an overheated property market.

The Oversea-Chinese Banking Corporation Ltd has developed an application or app that makes it easier for customers to navigate complex loan requirements.

Chinese banks have begun offering preferential loan rates for first-home buyers.

Cross straits banking stands to receive a needed shot in the arm.

Bank Mandiri is allocating about 4.3 billion U.S. dollars of loans to SMEs across the country this year,

Sanima Bank formally launched its operation as a category ´A´ financial institution, making it 32nd commercial bank in India.

BCEL's initial unaudited profit for 2011 is a 70 percent increase over the 2010 audited figure.

Phongsavanh Bank and Bangkok Bank have signed and launched a cross border ATM link project with the Processing Center Company Limited.

A hostile takeover is brewing as Eximbank leads other shareholders of Sacombank in demanding a new management board.

HSBC Singapore is 60% on the way to achieving its profit target of US$1 billion by 2016.

Three Indonesian state banks reported solid growth in their earnings in 2011 as lending rose substantially during the year.

Only five groups are dominating South Korea's banking industry, industry data showed.

The Philippines’ largest bank in assets, loans and deposits reports record performance metrics for 2011.

The fourth largest bank in the world’s largest Muslim country wants to do more Islamic or “Shariah” banking.

BIMB Holdings' profit before zakat and taxation is up 47 percent to US$189.2 million for the financial period ended Dec 31, 2011.