Retail Banking
Bank Rakyat Indonesia eyes buying mid-sized lender
Aims to buy majority stake of a smaller bank with identical vision with its micro-loan expansion.
Bank Rakyat Indonesia eyes buying mid-sized lender
Aims to buy majority stake of a smaller bank with identical vision with its micro-loan expansion.
Metrobank to price $230mln rights issue in December
Seeks to raise additional capital to take advantage of growth opportunities given the improving economic conditions.
Moody's reviews Hana Bank and KEB
Moody’s placed all Hana Bank ratings on review for possible downgrade while eyeing Korea Exchange Bank’s debt and deposit ratings for possible...
Bank Mandiri keen to expand ties with ICBC
The Indonesian bank to exploit growing business potential between Indonesia and China.
XacBank is a growing franchise, says Moody’s
Moody's has assigned XacBank a D- Bank Financial Strength Rating. The Mongolia-based bank also received a Ba3/NP for long- and short-term local...
StanChart targets Taiwan`s top foreign bank spot
The lender aims to accomplish feat in 3-5 years time as it has recruited 100 more new employees.
ICICI Bank sees 18% credit growth in 2010-11
The lender attributes positive growth to its healthy current accounts and savings accounts deposits level.
CCB provides $3bln credit line to a Beijing housing commission
Beijing supplied 12.63 million square meters of land for security housing projects and 1.64 million square meters for low-income housing.
Taiwan`s state-run banks expects downtrend in its mortgage lending
The central bank has directed banks to strictly screen mortgage applicants to help cool the soaring real estate market.
CIMB Group profit up 31.9% to RM2.64bln
The year-on-year growth for nine months is part of the Group’s first set of financials which are in full compliance with the Basel II framework.
Korea Exchange Bank union objects Hana's takeover
4,000 employees are expected to join to protest Hana’s takeover as it conducted due diligence on KEB.
BEA China completes overseas RMB investment settlement
The move enables Xinjiang companies to use renminbi to engage in business abroad, while allowing foreign companies make renminbi investment into...
NAB shareholders target $442mln in US subprime suit
Shareholders sued the bank for failing to report exposure and risk of losses from subprime mortgage exposure.
Maybank holds simultaneous global CSR day project
Through the Group employee volunteerism programme, thousands of Maybank employees joined together for the first time in a global CSR initiative.
Moody's affirms Woori Bank after re-evaluation
Prompted by a sharp spike in Woori Bank's problem assets during the third quarter 2010, its asset quality and capital were re-evaluated prior to...
State Bank of India sees launch of $4.4bln rights issue soon
Government needs to subscribe big to maintain its stakeholding at the existing level.
Union Bank of India mulls issuing Swiss franc bond
The move has not been seen from any Indian lender since 1987.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
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