Retail Banking
South Korea regulator to push for revision of rules on Woori sale
South Korea regulator to push for revision of rules on Woori sale
The FSC to ease current rules that require a financial holding company to bid for at least 95% of a target holding company to combine their...
Thailand freezes Deutsche Bank’s permit to operate as primary repo dealer
The German lender said its government bond trading and other business activities in Thailand remain unaffected.
Hana to purchase of 5% stake in KEB
Hana to take over stake from Lone Star and possibly from the Export-Import Bank of Korea.
India’s public sector banks target increased African presence
Yet bankers doubt India’s capacity for a large exposure in fundings for mergers and acquisitions which is enjoyed by global banks.
Bank of Ayudhya expects robust second quarter performance
Confident of better second quarter after strong $92 mn first quarter profit as it sticks to loan target.
KienLongBank anticipates VND405B pretax profit
KienLongBank approved the 2011 year plan with targeted pre-tax profit of 405-506 billion dong, and dividend payment of 8-10 percent.
NAB names Christine Yates Australia debt market origination head
Yates’ has 15 years of experience in corporate banking, with skills in project and acquisition finance, debt advisory, syndicated loans, corporate...
Maybank targets RHB takeover proposal by end of June
Maybank will only proceed with the purchase if it adds to earnings to be used to compete with Chinese banks’ entrance in Malaysia.
China Construction Bank mulls $12bn bond issue
The lender gets nod from shareholders to invest $100mn to set up a commercial bank unit in Sao Paulo.
SBI to employ over 5,000 officers
4,987 officers would be recruited for associate banks of the lender.
SBI plans $4.47bn rights issue by yearend
The lender secured government backing on the capital raising activity following posting of one of the lender’s lowest Q4 profit last month.
Westpac profits faces threat from struggling unit
Analysts doubt on the lender’s ability to maintain its profit growth momentum, after the bank revealed a spike in mortgage arrears.
China's central bank to enhance short-term bills release
The PBOC may defer its issuance of three-year central bank bills in its open market operations this week as it didn't ask lenders to report for the...
OSK Research: CIMB lukewarm over RHB merger
CIMB is said to be "lukewarm" towards a merger with RHB.
China Everbright Bank expects July listing in Hong Kong
China Everbright Bank Co. is expected to list at the Hong Kong Stock Exchange as early as mid-July.
BIDV gets green light to increase chartered capital
The State Bank of Vietnam on June 8 issued a Document No 4430/NHNN-TTGSNH allowing the Bank for Investment and Development of Vietnam to increase...
Bank of China gets nod to bring CNY back to Mainland
Move is part of China’s scheme of globalizing the currency as many Chinese and foreign businesses tapping Hong Kong's burgeoning market for renminbi...
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Productive sectors need more capital to stimulate the slowing economy.
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The Asian connection: China's path to sustainable growth