News
KDB keen on buying a Southeast Asian bank
KDB keen on buying a Southeast Asian bank
KDB pulled out stake sale in Siam City citing regulatory uncertainties in the global banking industry.
China probes CBA’s Chinese partner on fraud involvement
Qilu Bank has been alleged to have received $227mln worth of forged commercial bank bills.
KEB labor union files Hana takeover injunction
Union claims KEB board directors' collaboration with Hana was illegal.
ANZ issues $3bln debt in 3-part sale
The bank issued $1bln three-year notes, $1bln 10-year bonds and $1bln three-year floating rate notes.
Bank Negara Indonesia launches micro loans for migrant workers
The lender had already released US$222,000 to migrant workers from the East Java town of Kediri.
World Bank issues first renminbi bond sale in HK
The bank’s entry into the renminbi bond market will permit investors to diversify their currency holdings and expand their renminbi exposure.
Woori and Hana plans to engage in savings bank business
Acquisition of savings banks would help major lenders seen to delay potential systemic risk through diversification.
Maybank acquires 44.6% stake in Kim Eng
Transaction represents stepping up of the lender’s investment banking and equities platform in ASEAN.
ADB, IFC, Citibank, MCB boost Pakistan's textile sector
ADB, IFC, Citibank and MCB Bank will help boost Pakistan’s textile industry.
Korean Banks plan to establish 27 overseas branches
China and Vietnam were the most popular host countries of the branches that Kookmin Bank, Hana Bank and the Industrial Bank will open.
ANZ expands Asian perspective
The lender eyes Japan expansion apart from South Korea, China, Southeast Asia and India.
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