News

Customers can save about 1% in the cost of yuan settlement services.

Seeks to sell of major stake as existing shareholders are not eager to contribute additional capital.

The bank offended the rule regarding compensation of directors as it incurred travel expenses worth $29,700.

The Monetary Authority of Singapore’s (MAS) tightening of monetary policy to benefit banks operating in Singapore, according to Moody's Investor Service.

Woori and KT will sign an MOU as two parties will continue to negotiate purchase price.

The lender aims to use proceeds to fuel CAR growth in anticipation of higher capital standards.

CIMB Thai unit sees return to profit in first nine months after posting $1.36mln loss.

CBRC enables upgrading into official branches Cathay United’s Shanghai and Hua Nan Commercial’s Shenzhen offices.

Central Huijin also said it will support rights issue plans of ICBC, BoC, and CCB.

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.