Wholesale Banking
Bank of Tokyo-Mitsubishi UFJ freezes $2.6B Iranian assets
A Japanese bank frozen halted US$2.6 billion assets ofthe Iranian government after a U.S. court order.
Bank of Tokyo-Mitsubishi UFJ freezes $2.6B Iranian assets
A Japanese bank frozen halted US$2.6 billion assets ofthe Iranian government after a U.S. court order.
Eximbank takes control of Sacombank board
Eximbank will now control Sacombank's board of directors after investing about VND1.6 trillion or US$76.2 million in the said bank.
Hong Leong ups Q3 earnings by 49%
Hong Leong Financial Group increased its earning by a 49.2% increase in earnings to RM394.77mil in the third quarter ended March 31.
VietinBank bonds attract foreign investors
VietinBank became the first Vietnamese financial institution to successfully issue US$250 million worth of bonds in international markets at an...
Asiatrust sale to AUB gets central bank approval
Asia United Bank Corp. welcomed the Bangko Sentral Approval of its acquisition of Asiatrust Development Bank.
Depositors losing confidence at Nepal's finance companies
The deposits of Nepal's finance companies shrunk by over four percent in the first eight months of the current financial year.
Nepal's Global Bank eyes category A status with merger
Global Bank approved its merger plan with IME Financial Institution and Lord Buddha Finance in a special general meeting.
CIMB's ratings unchanged after BOC acquisition: RAM Ratings
CIMB Bank Bhd's proposed acquisition of a 60 per cent stake in Philippines-based Bank of Commerce has no immediate rating impact.
Banco de Oro takeover of Exportbank eyed by chairman
The chairman of the troubled Export and Industry Bank wants to sell all the banks assets and liabilities to Banco De Oro Unibank Inc.
Vietnam's Sacombank hunts for foreign investors
Sacombank may sell shares to foreign investors up to 15 percent of it chartered capital.
Shareholders approve HHB-SHB merger
The draft plan to merge Hanoi Building Commercial Bank into Saigon-Hanoi Commercial Bank has been approved by shareholders of both banks.
Foreign investors eye Indonesia’s banks
Indonesia’s banks are attracting foreign firms for its booming growth and an untapped market of tens of millions.
Bank Islam Malaysia looking to buy Indonesian banks
Bank Islam Malaysia is still keen on buying a stake in a Islamic financial institution in Indonesia although no decision has been made on potential...
Taiwan's Cathay Financial posts Q1 net profit of $67M
Cathay Financial reported a first-quarter net profit of NT$1.97 billion or US$67 million, and earnings per share of NT$0.19.
Petrovietnam Finance Corp. to be converted to a bank
Petrovietnam has approved the plan to change the operational model of Petrovietnam Finance Corp and convert it into a bank.
Malaysia's CIMB to expand in Australia
The CIMB Group will start business in Australia after acquiring majority of RBS's Australian business.
SME Bank to raise $963.5M in 3 years through sukuk
SME Bank plans to raise about RM3 billion or US 965.5 million over the next three years through a sukuk issuance.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
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Generative AI’s role in the evolution of banking