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Agribank not to be equitized soon, says governor
Agribank not to be equitized soon, says governor
There are no plans to equitize Agribank in the next five years, accordingto the Governor of the The State Bank of Vietnam.
S. Korea’s Woori to buy 33% stake in Indonesia’s Bank Saudara
Woori Bank plans to buy a 33 percent stake in a small Indonesian bank.
Moody's rates Korean banking system as 'Stable'
Credit rating agency Moody's will keep a "stable" rating outlook for the Korean banking system for the next 12 to 18 months, according to a press...
Mergers increasing in Nepal
The Nepal Rastra Bank has approved the merger of two pairs of financial institutions to push the number merger approvals to 26.
Indonesia eyes more measures to ease rupiah volatility
Indonesia is planning to introduce more monetary measures to ease volatility.
Vietnam needs to merge weak banks: Experts
Vietnam has too many domestic banks, many of which are overloaded with toxic debt. The banking system is also poorly governed.
China sets new capital rules for commercial banks
China placed its banks under the regulatory supervision within the Basel III framework starting Jan.1, 2013.
China's banking assets up by 19%
Assets of China's banking sector grew by 19.1 percent in 2011 to 105.8 trillion yuan or 16.8 trillion U.S. dollars.
Embezzler in 1997 Asian financial crisis sentenced to imprisonment
Rakesh Saxena, one of those accountable for the 1997 Asian Financial Crisis, has been sentenced to 10 years in prison for embezzlement.
Talks of BEA divesting its shares push Affin to highest since August
Shares of Affin Holdings Bhd surged to RM3.38, on speculation that Bank of East Asia could be divesting its 23.5% stake in Affin.
Bank health to determine ownership in Indonesian banks
Bank Indonesia's new rules setting caps on a single lender's ownership percentage of banks is dependent the acquiring bank's financial health.
RHB to further boost overseas presence after OSK deal
RHB Capital will make further overseas acquisitions after acquiring OSK Investment Bank.
New Sacombank managers pursue merger partners
Outsiders who successfully took control of Sacombank are pursuing mergers with other banks.
Audit uncovers rule violations by ICBC, Citic
ICBC and the Citic Group were found to have violated several financial regulations in a routine audit by the National Audit Office.
Russian banks to forge closer ties with Chinese partners
Russian banks expect to sign agreements with Chinese partners on financing several projects in Russia during President Vladimir Putin's visit to...
Bill allowing 60% ownership of Philippine rural banks gets BSP support
The Philippine central bank is supporting the Senate and Lower House bills allowing 60% foreign ownership of rural banks.
Union Bank of Colombo announces 15% dividend
Union Bank of Colombo announced an interim dividend of 15 cents per share, further strengthening its premise in delivering stakeholder value.
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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