News
China banks urged to boost capital with profits
China banks urged to boost capital with profits
Regulator favors raising capital by rights offering while discouraging private placements and public share sales.
ANZ secures India license
Bank's offering of retail and wholesale services and opening of office in country are now possible.
China Development Bank to evaluate tie-up with Barclays
Lackluster performance of banks after two years of partnership forced CDB's board to review relationship.
China Minsheng to focus lending on small firms
Lender maximises the underserved market by lending total $15bln with $731.957 credit cap for each company.
StanChart to seek Shanghai listing
Lender capitalises on Beijing's encouragement for foreign firms to offer shares after regulations become clear.
HSBC earns US$1.4bln from initial Kangaroo bonds sale
Analysts believe improving lending conditions attracted Asia-Pacific investors as bank expands in the region.
RHB partners with TM Asia Life for bancassurance
MoU gives bank 10-year right to sell insurer's plans while latter pays $30mln exclusivity fee.
OCBC Malaysia 2009 profit slides 1%
Higher loan provisions lower net despite 4% revenue surge and 6% increase in operating profit.
StanChart aims India listing by end of March
Lender plans raising $750mln as it nears to become first foreign company to list in India.
JPMorgan strengthens its Malaysia commercial bank unit
Expansion includes integration of its in-country treasury management service as part of $1 billion global investment.
Agricultural Bank of China's February loans top rivals
Lender was able to lend 28% of China's top four banks total amount.
Industrial Bank loan growth cut by half
China's tightening trims down lending to $125bln as bank aims keeping bad loan ratio below 0.58%.
China Merchants seeks approval to open Taiwan office
Improving China-Taiwan relations enabled lender to apply for presence in the hometown of its Taiwanese clients.
Deutsche Bank Malaysia secures international Islamic banking license
Bank Negara Malaysia allowed Asia to have better access on lender's global Islamic banking platform.
China Merchants eyes raising $3.2bln via rights issue
Move aimed to replenish capital ratio after expansion of loans and acquisition of Wing Lung.
HSBC to join Bank of Communications' rights issue
HSBC sees BoCom's fundraising move as opportunity to add its 20% stake and increase China investments.
Woori set to be privatised in 2010
Government intends to complete lender's privatisation to maximise company value amid above 300% profit growth performance.
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The Asian connection: China's path to sustainable growth