News
India plans injecting $2.1bln in public sector banks
India plans injecting $2.1bln in public sector banks
Amount to be infused in Q1 prioritising lenders with 8% or above CAR.
Siam City Bank stake deal set for signing
Sources said Thanachart Bank had $984mln bid to acquire 48% of SCB from Bank of Thailand.
Lone Star eyes selling Korea Exchange Bank stake
Buyout fund restarts attempt to dislodge 51% share in KEB despite pending appeal at Supreme Court.
CIMB eyes 12% loans growth in 2010
Mortgage sales, personal loans and credit card businesses seen as drivers for achieving target.
China Construction expects above 10% new loans growth
China targets cutting lending by $310bln prompting smaller banks to raise capital to boost adequacy ratio.
India asks legislators to trim State Bank stake
Selling 8.41% of its stake in lender aimed to generate $2.5bln needed for its growth.
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.
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