Retail Banking
China Merchants Bank gets nod on rights issue
Regulator's approval could bring in additional $3.2 billion after lender's expansion.
China Merchants Bank gets nod on rights issue
Regulator's approval could bring in additional $3.2 billion after lender's expansion.
Korea Development Bank quits bid for Siam City
HSBC, Bank of Nova Scotia and Hong Leong remain as bidders after KDB saw potential risks.
HSBC belies report on China bank acquisition plans
Bank's chief said 19 percent stake in BoCom was enough as it abides by China's policies.
Siam City's suitors to submit final bids
HSBC and KDB compete to seize the chance of extending operations in the under-banked country.
Michael Pratt appointed to Standard Chartered board
Michael Thomas Pratt will succeed Stefano Paolo Bertamini as Director of Standard Chartered Bank Hong Kong effective 1 February.
Hang Seng unveils Foshan sub-branch
Hang Seng China opened its first cross-city sub-branch in the Nanhai District, Foshan City.
ING Asia Private Bank renamed Bank of Singapore
OCBC has completed the acquisition of Singapore-based ING Asia Private Bank Limited and its subsidiaries for approximately US$1,446 million.
BPI Globe BanKO to lend $21.67bln for microfinance
Venture resulting from partnership of BPI and Globe Telecom aims to maximise lender’s wholesale microfinance portfolio.
South Korea mulls hastening sale of Woori Finance
Sale of 16 percent stake of the financial firm speeds up its privatisation.
Arnold appointed President of Bank of Ayudhya
Mr Mark Arnold succeeds Bank of Ayudhya's former President and CEO, Mr Tan Kong Khoon. He had announced his wish to step down from his role on 31...
Vietcombank reports 45% earnings growth in 2009
Surge in profits was propelled by government's stimulus package that fostered bank's lending.
Krung Thai eyes 30% surge in fee income
Lender's optimism extends to its expansion plans and growth in consumer loans.
S&P scrutinizes IDBI's medium-term notes
Standard & Poor's assigned a 'BBB-' rating on the senior unsecured notes of IDBI Bank's proposed debt issues under the US$1.5 billion medium-term...
SCB nets US$630.6 million for 2009
SCB reported a 2009 net profit of US$630.6 million--almost at par with the record high set in 2008. In addition, the Bank reported a resumption of...
EON Capital still undecided on Hong Leong's offer
EONCap considers bids from other banks as it is studying Hong Leong's $1.44bln cash offer.
Mega International to partner with Bank of China
Tie-up was spurred by the signing of financial Memorandum of Understanding between Taiwan and Mainland.
Bank of Taiwan speeds up China market penetration
BOT chair said it considers buying China's municipal banks while forming alliances with its top lenders.
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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