Wholesale Banking

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...

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.

Moody's rates Korean banking system as 'Stable'

 Moody's will keep a "stable" rating outlook for the Korean banking system for the next 12 to 18 months, according to a press release on Wednesday.

Laos-Vietnam Bank to double chartered capital

Laos-Vietnam Bank will double its chartered capital to 70 million USD in June 2012 from the current 37.5 million USD from June 2012.

Malaysian banks wary of Indonesia's new share limit

Malaysia’s CIMB and Maybank would be the most affected by Indonesia's new regulation limiting the maximum bank ownership of a single shareholder to...

Maybank hopes Indonesia's banking regulation will not hamper it

Maybank is hoping that a proposed limitation of shareholding in Indonesian banks will not apply to the banking group.

RHB Capital agrees to acquire OSK for $625.9M

RHB Capital Bhd has signed a deal to acquire OSK Investment Bank Bhd for RM1.977 billion or US$625.9 million in cash and stocks.

RHB Capital pre-tax profit down to $184.3M

RHB Capital saw its pre-tax profit for the first quarter ended March 31, 2012 fell to RM580.72 million or US$184.3 million from RM610.60 million.

Banco De Oro acquires rural bank

BDO Unibank has acquired Rural Bank of San Juan Inc. and will assume its liabilities and recorded assets.

Sacombank’s power transferred to new board

Almost all the power in Sacombank has been transferred to new shareholders group, ending a year-long acquisition.

Potential buyers back out of Ta Chong Bank sale

Shares of Ta Chong Bank plunged after potential buyers of the bank had walked away from a possible acquisition.

S. Korea's central bank to sell share in KEB

South Korea's central bank will sell off its entire 39.5 million shares in Korea Exchange Bank worth US$277.3 million

Chinese banks encouraged to seek private investment

China's banking regulator told its financial institutions to focus more on attracting private investment.

Ocean Bank to sell 15% stake to Hermes

Ocean Bank will sell 15 per cent of its total capital to Hermes Capital this year.

Bank Permata targets $75.6M capital increase

Bank Permata is hoping to beef up its capital by up to US$75.6 million or Rp 700 billion from the first issuance of subordinated bonds.

Ocean Bank to collaborate with UK partner

Ocean Bank revealed a plan to form a partnership with the UK’s Hermes Capital to help better its operations.