Trade Finance
Muthoot Finance to expand in West Bengal from 50 to 100 branches
Muthoot Finance to expand in West Bengal from 50 to 100 branches
Muthoot Group will open 50 branches in West Bengal by March 2012.
Maybank offers $671.7mn subordinated notes
The notes were given a long term rating of AA1 by RAM Rating Services.
ICBC Macau offers precious metal trading
ICBC Macau drew the experience from domestic branches and launched the service of trading precious metal via accounts in order to meet the...
BPI subsidiary posts $14.9bn total assets under management
The company’s largest product in terms of valuation is mutual funds’ assets reached $1.08bn.
HSBC Amanah Inks MoU With ITFC
HSBC Amanah Malaysia Bhd tapped Islamic Development Bank's International Islamic Trade Finance Corporation's expertise to implement its Shariah...
Techcombank to serve $175M transport project
Techcombank has beedn assigned by the State Bank of Vietnam to serve the urban transport development project in Hai Phong City funded by World Bank.
Vietnamese banks receive record financing from IFC
International Finance Corporation has loaned a record US$505 million to Vietnamese banks for the fiscal year 2011.
Mizuho eyeing 20% stake in Vietcombank
Mizuho Financial Group Inc. is in final talks to buy a stake in Vietcombank for as much as ¥60 billion.
South Korea wealth fund targets broadening investments options
Korea Investment Corporation seeks to diversify investment options by tapping commodities and private equity markets.
Vietnamese banks seeking foreign partners
After wrapping up the deal on selling 10 percent of stakes to the International Financial Corporation IFC, Vietinbank continues to issue more shares...
Korea warns against banks' big dividend payouts
South Korea's Financial Supervisory Services put the brakes on local financial groups' moves to dole out substantial amounts of dividends to their...
Taiwan gives nod to sell AIG life unit
Taiwan’s regulator approved Ruenchen $2.16bn bid for AIG the unit after rejecting 11 months ago.
Deutsche Bank Korea appeals freeze order over stock manipulation
The South Korean of Deutsche Bank AG has appealed a Seoul court's decision to freeze its assets over allegations that the company pocketed massive...
Indonesia to limit bank ownership
Indonesian central bank will cut ownership of individual investors on commercial banks so as to make banking sector more financially prudent.
Eximbank, ADB ink US$2.5 B co-financing deal for infrastructure projects
The Export-Import Bank of Korea signed an MOU with the Asian Development Bank on financing the Asian region's infrastructure development projects...
Bangkok Bank launches financial innovation for petrochemical businesses
Bangkok Bank has signed an MOU, agreeing to provide a full range of financial services, called 'Smart Chaqin Solution", to PTTPM business partners.
Maritime Bank signs cooperation agreement with Vinacomin
Maritime Bank and Vinacomin signed an agreement to cooperate in many fields. Under the agreement, Maritime Bank will provide the State-owned group...
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
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Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks