Retail Banking
Dah Sing Financial targets raising HK$2.2bln via rights issue
The company and its banking unit to use proceeds to strengthen their core capital and sustain business growth.
Dah Sing Financial targets raising HK$2.2bln via rights issue
The company and its banking unit to use proceeds to strengthen their core capital and sustain business growth.
ANZ continues Asia expansion even if Hana's KEB bid prevails
The Australian bank to go after Woori should the KEB-Hana deal materialises.
DBS Bank in Taiwan needs capital injection
DBS is the only bank that has yet to meet the $6.6mln capital requirement for foreign lenders.
State Bank of India to sell $681mln Euro bonds
The bank will meet investors in 9 European cities from Nov. 17 to sell five year debt.
Lone Star to sell KEB to Hana Bank
Deal frustrated ANZ’s intent to purchase Lone Star's 51% stake, which would have boosted its efforts to expand in East Asia.
Metrobank nine month profit up 44% to $137.15mln
Higher trading and foreign exchange gains, bank fees and commissions and strong contribution from key subsidiaries boosted growth.
Thai banking system gets stable Moody’s outlook
The outlook for the Thai banking system is stable over the next 12-18 months, according to Moody’s. Nonetheless, a host of challenges is evident...
Bank Negara Malaysia names Nor Shamsiah Deputy Governor
Experiences during Asian financial crisis and the preparation and implementation of the Financial Sector Masterplan for the development of the...
Maybank first quarter net profit up 16.6%
Maybank recorded a profit after tax and minority interest of US$328 million for the quarter ended September. It is up 16.6 per cent from the bank’s...
Hatton posts 9-month $42M pre-tax profit
HNB recorded a pre-tax profit of US$42 million and a post tax profit of US$25.9 million for the nine months ended September.
Indian bank keen on Indonesian expansion
State Bank of India is keen on expanding its presence in South East Asia by acquiring an Indonesian bank. The bank has allotted USD 100 million for...
BDO 9-month net earnings grow by 58%
Banco de Oro recorded a net income of US$146 million in the first nine months of 2010. This is higher by 58 percent compared to the US$91.27 million...
ANZ invests additional $124.9M in BoT
ANZ invested another US$124.9 million in BoT to support the latter's strategic growth agenda.
ICBC to raise $6.8bln via rights issue
Central Huijin to participate in ICBC’s move to replenish capital following successful attempts of the bank’s rivals.
ICBC officially enters Thai market
ICBC opened a branch Bangkok to mark its foray into the Thai market. The new Branch, formerly ACL Bank before being acquired by ICBC, was officially...
Moody's sees positive outlook on three Chinese policy banks
Moody's upgraded the long-term ratings of three big policy banks in China to Aa3 from A1. The three banks are China Development Bank, Export-Import...
StanChart to increase Southeast Asia workforce by 20%
The lender will add 4,000 employees as it taps region’s emerging countries.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
The Bank of Thailand is eyeing to expand connectivity with more countries.
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Generative AI’s role in the evolution of banking