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Moody's rates Korean banking system as 'Stable'
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.
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.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks