News

Full implementation of the new Basel III minimum capital requirements is scheduled for 1 January 2013.

The lender wants a long-term commitment in its growth in China without rushing things.

The bank intends to lend one billion dollars to local businesses in the next six weeks with perks and incentives.

Mizuho has also arranged a number of other cross-border syndicated loans for its clients in the Americas last year.

The lender would further concentrate on enhancing its presence in the corporate, commercial and wealth management businesses in Singapore.

The lender believes Japan offers opportunities for the group as the Japan’s hefty savings could help transform the Australian bank's structural dependence on offshore borrowing.

‘Cent Double’ scheme will give an annualised yield of 13.33%, valid between September 1 and December 31.

The lender’s senior economist said the 0.2% growth as "sub-par".

Small online are among those offering standard variable interest rates a full percentage point below those offered by bricks-and-mortar bank rates.

RBS Seoul was found brokering transactions between its London headquarters and a local asset manager worth 60 million U.S. dollars without a required license between Feb. 22 and March 11.

CIMB Islamic Bankexpects a moderate total loan growth of between 15 per cent and 19 per cent for financial year 2011.

Dormant credit cards, now about one fourth of the total issued, is on the rise in South Korea due to excessive issuances.

Temasek bought 4.4 billion shares of the Chinese lender, increasing its stake to 8.1%.

Moody’s reduction to the country’s debt grade was the first in nine years.

 Banque Pour Le Commerce Exteriour Lao Public have experienced an increased net profit from 92.2 billion kip last year to 156.1 billion kip in the first six months.

Direct wage payments to employee bank accounts linked to automatic teller machine cards may be written into law, indicated the Department of Labour-Salary.