News

Proceeds from the domestic IPO aimed to help fill up capital deficit of $5.12bln.

Lender in negotiation to dispose assets to win approval of Australia’s regulator.

Krung Thai has determined remedies to soften the impact from the political unrest on clients. The bank will be extending the repayment period, use principal waiving, and set the financial amount as a circular capital worth over 5 billion baht. It will also provide the head office and branches in Bangkok, places for customers to sell their goods.

Bank of Ayudhya and its subsidiaries issued measures to alleviate the plights of customers suffering from the recent political crisis. It will be allowing affected debtors to repay only interests during given grace period, and extending their repayment periods. In addition, the Bank stands ready to offer help to businesses related to tourism industry and relevant segments affected by the same crisis.

Lender has made great strides to abide by government's green-credit policy with $27bln green-credit business loans.

But rating agency said Thai banks' overall financial positions should remain relatively strong in 2010.

Agency still cautious as Europe's sovereign credit crisis can pull down anemic growth of Japanese lenders.

China wants its banks to directly establish branches without the need of setting up representative office first.

IB Asia suffered $77.1mln loss in 2009 and even planned earlier to cease lending operations entirely.

Lender considers moving rights issue early next year behind uncertain market conditions.

Sources said India’s largest international lender is offering 240mln IDRs to raise up to $587.42mln.

Lender mulls on spending US$4bln on 2 mega deals as it denied selling Bank Panin stakes.

Lenders had anemic recovery despite large common stock issuance that boosted their core capitalisation.

Bid serves "best interest" for EON Cap after mulling on recommendations of Credit Suisse, Goldman Sachs.

Domestic demand in banking and sustained growth in regional markets prop up net profit increase.

Lender confident of hitting the target as global economic recovery fosters Islamic banking growth.