Trade Finance
Taiwan gives nod to sell AIG life unit
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...
Russian Sberbank to offer shares in China
Sberbank would offer its shares in China during a global roadshow this fall.
Malaysia's central bank raises SRR Ratio to 4%
Bank Negara Malaysia has raised the Statutory Reserve Requirement ratio from 3.0 % to 4.0 %.
Foreign Islamic banks asked to invest In Sabah
Sabah wants more foreign Islamic banks, especially from the Middle East, to invest in the state, said Chief Minister, Datuk Seri Musa Aman.
Bank of China cross-border RMB settlement surpasses 1 trillion
As of the end of May 2011, Bank of China's cross-border RMB settlement transaction volume had remained the market-leading position with more than RMB...
China Exim Bank eyes multinational status
The Export-Import Bank of China intends to develop into a large multinational financial institution over the next five years.
KEB pays out record amount of dividend
KEB will pay out an interim dividend of 1,510 won or US$1.42 per share for the second quarter, allowing its biggest shareholder Lone Star Funds to...
Citigroup invests In Vietnam brokerage firm
Citigroup Inc. took a stake in a Vietnamese brokerage firm, betting that once the economy's rampant inflation slows, foreign investors will flock...
SCB to buy and delist SICCO securities
SCB has received approval on its plan to acquire SICCO's business by making a tender offer to purchase all securities of SICCO and the latter's...
OSK-UOB starts offering new capital-protected fund
The fund, designed to provide a safe haven and act as a hedge against inflation, will be marketed starting August 11 at initial minimum investment of...
China's commercial banks misallocate policy loans
Five Chinese commercial banks were found to have misallocated 58 billion yuan or 8.9 billion U.S. dollars of policy loans. This was revealed by the...
StanChart names Peter Heidinger as global head of Financial Institutions
The former Citigroup's Private Bank head of investment finance in Asia Pacific will be responsible for deepening relations with the bank's important...
Thought Leadership Centre
In Association with
Most Read
1. Tighter fintech watch likely after Chocolate Finance fallout 2. Singapore banks’ dividends to weather economic and global trade woes 3. UOB widens sustainable financing access for SMEs 4. YouTrip launches MYR wallet and offers free weekend shuttle service 5. HSBC China unveils wealth centre in HangzhouResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks