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Malaysia's Maybank, CIMB expect exemptions to Indonesia's bank ownership rule

News that Bank Indonesia will make exceptions for higher ownership levels in local banks will reflect positively on the share prices of Maybank and...

Malaysia's Maybank, CIMB expect exemptions to Indonesia's bank ownership rule

News that Bank Indonesia will make exceptions for higher ownership levels in local banks will reflect positively on the share prices of Maybank and...

Maybank committed for long term in Indonesia

Maybank expressed its long term commitment to Indonesia and that it will continue to play an important role in supporting the growth of its economy...

Thailand's Kasikornbank to open rep office in Myanmar

Kasikornbank has received a license to open a representative office in Myanmar.

Korean bank workers to strike over potential KB-Woori merger

South Korean bank workers will stage a one-day strike late this month to protest a potential merger between KB Finance and Woori Finance.

Malaysia's banking system rated stable by Moody's

Moody's gave a stable outlook for Malaysia's banking system in the next 12 to 18 months with its expansionary policies tosupport credit growth.

Malaysian financial system benefiting from Japan: Governor

Malaysia welcomes the continued participation of Japanese financial institutions in the domestic financial sector and in the Labuan International...

S. Korea's money supply increase 5.5 % in May

South Korea's money supply amounted to 1,784.2 trillion won or US$1.6 trillion in May, up 5.5 percent from a year earlier, according to the Bank of...

Taiwanese banks prepare more mainland expansion

Taiwanese banks are expanding their in the mainland with two opening branches in the last two weeks and another one on the way.

Korea Eximbank sets up Philippine office

Korea Eximbank has set up an office in the Philippines in anticipation of the expected rise in investments from South Korean firms.

China's ICBC takes controlling interest in US bank

ICBC became the first Chinese lender to take a controlling interest in a U.S. bank after completing its 80-percent purchase of BEA.

Maybank upbeat on ETP benefits

Maybank is seeing opportunities in segments of its financial services despite the slowdown.

Singapore to grant Qualifying Full Bank privileges to 2 Chinese banks

Two Chinese banks will be granted Qualifying Full Bank privileges in Singapore wth one of them to be also authorized as a clearing bank for Renminbi...

HSBC to offload stakes in India's Axis Bank, Yes Bank

HSBC is on course to offload its entire 4.8% stake in Indian private banking major Axis Bank and its 4.8% stake in Yes Bank.

Singapore's central bank to establish rep office in Beijing

The Monetary Authority of Singapore has signed an agreement with the  People's Bank of China to establish a representative office in Beijing.

Bank Indonesia identifies 3 bank ownership standards

Investors wanting to own 40  to 90 percent of Indonesian banks should be healthy, should be listed and agrees to buy debt certificates that can be...

Indonesia signs financial Pact With Australia, South Korea

Indonesia, Australia and South Korea will now cooperate in exchanging informartion on banking supervision.

Habubank-SHB merger gets approved

The merger between Habubank and SHB has been approved Governor of the State Bank of Vietnam, Nguyen Van Binh.