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Thailand's Kasikornbank to open rep office in Myanmar
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.
Indonesia’s Bank Jabar to acquire 51 small banks
Bank Jabar plans to buy a majority stake in 51 rural banks this year to tap the potential of small and micro businesses.
Cathay United Bank to acquire Cambodian bank
Cathay United Bank will purchase 70 percent of the Cambodia-based Singapore Banking Corp. Ltd.
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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