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

Introduced single internet banking platform across Malaysia, Indonesia, Singapore and Thailand.

The bank said more than half of the margin decline was due to a shift in the securities portfolio towards higher-quality issues with lower yields.

$44mln acquisition in final stages after administrative problems have delayed acquisition plan due last year.

Lender now has $1.24bln bad loans as it slices off its second quarter $1.5bln net NPL.

Everbright Bank may face big capital shortfall in the next three years without the IPO.

Estimate 21.1% higher than 2009 as lender will give priority to retail, agriculture and MSME sectors.

Lending to unprofitable government companies and projects had saddled China’s banking with 50% non-performing loan ratio.

To maintain CAR at 15%-16% and would ask for additional capital to be within safe level.

Rivals ICBC reported to conduct up to $6.63bln rights issue while BoC seeks approval from regulator.

Indonesia approved $775.19mln rights issue between December and February increased optimism for growth.

Commonwealth retaliated with claim that NAB performed dismally and foregone opportunity when mortgage market boomed.

OCBC becoming the first financial institution to launch applications for one of Apple’s latest gadget, continues to pull on technological innovation for its clients and investors.

Renminbi new incremental loans amounted to $675.43bln in 1H 2010 prompted banks to recruit more staff.

MSIG, Manulife and Ergo are hunting for public sector banks to enhance their fee-based income as cushion from crisis.

Taiwanese lenders checking more closely borrowers' applications and may deny loans to  curb speculation.