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New Beijing branch strategic and timely for Maybank

Maybank President and CEO, Datuk Seri Abdul Wahid Omar, describes the opening of its Beijing branch as strategic and timely.

New Beijing branch strategic and timely for Maybank

Maybank President and CEO, Datuk Seri Abdul Wahid Omar, describes the opening of its Beijing branch as strategic and timely.

S. Korea, China, Mongolia to launch bank association

South Korea, China and Mongolia have agreed will launch an association of trade banks to help finance developmental projects for areas near the Tumen...

Philippine central bank loans to govt, banks reach R117B

The central bank of the Philippines lent R117 billion to the government and banks as of end-April, up 11.4 percent year-on-year.

Thailand's Tisco looks to break Q3's record net

Tisco Financial Group reported a net profit of Bt953 million in the third quarter, marking a new quarterly high.

Vietnam wants more discipline in banking system

Vietnam has ordered its central bank to take timely measures to stabilize the banking system and regain the confidence of the public and investors.

Malaysia's Maybank not bidding for Thailand's Bank of Ayudhya

Maybank clarified that its private placement exercise was a proactive move to boost its equity capital ahead of the implementation of the Basel III...

Philippines provides more incentives to bank mergers

The Bangko Sentral ng Pilipinas has revised its rules and allowed more incentives on banks’ mergers and consolidations.

Taiwan's Fubon earns $96M in August

Fubon Financial earned NT$2.84 billion or US$96.59 million in net income last month, significanlty increasing the NT$2.25 billion it earned in August...

Malaysian banks unlikely to engage in capital raising

Unless they are trying to significantly boost capital outlay, Banks in Malaysia are unlikely to engage in capital raising activities, said banking...

Bank Maspion Indonesia aims for IPO by January

Bank Maspion Indonesia plans to raise the necessary capital for  expansion by listing on the Indonesia Stock Exchange by January 2013.

Chinese banks unprepared to run major Euro banks: experts

Chinese banks are eager to make acquisitions abroad, but may not have the managerial capability to run major European banks.

Maybank eyes RM2.64B added capital via shares placement

Maybank is looking to raise RM2.64 billion to further strengthen the bank's capital base.

Philippine banks pooling $1B to finance public projects

Philippine banks will pool up to US$1 billion to finance projects under the public private partnership initiative of the government.

China injects biggest daily amount of funds to banking system

To ease a liquidity thirst before a week-long holiday injected the largest daily amount of money into the banking system via open market operations.

Big Four to cut shareholder dividends

These banks may reduce their dividend payout ratios by five percentage points to 35%.

Top Philippine banks post 19% rise in net earnings

The Philippines’ 38 universal and commercial banks reported net earnings of US$1.3 billion in the first six months despite growing turmoil in world...

China's top 10 banks brace for slump

China's top ten banks will register slower growth during the rest of the this year due to economic slowdown and overdue loans, according to a report...