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Habubank shareholders okay merger with SHB
Habubank’s shareholders have approved the plan to merge with Saigon-Hanoi Commercial Joint Stock Bank.
Habubank shareholders okay merger with SHB
Habubank’s shareholders have approved the plan to merge with Saigon-Hanoi Commercial Joint Stock Bank.
Laos-Vietnam Bank to double chartered capital
The chartered capital of Laos-Vietnam Joint Venture Bank may be raised from $35 million to US$70 million in May 2012.
Nepal Bank gets govt approval to sell fixed assets
The government of Nepal has allowed Nepal Bank to sell fixed assets to replenish its capital.
NAB profits plunge 16%
The UK units of National Australia Bank Ltd have become a pox on the Australian bank’s operations.
Korea to attempt Woori sale for the 3rd time
The South Korean government is attempting for the third time to unload its holding Woori Finance Holdings.
Philippine Deposit Insurance Corp takes over Exportbank
The Export & Industry Bank has been placed under receivership of the PDIC by the Philippines' Monetary Board.
Most Aussie banking professionals want to change jobs
Australia’s banking and finance people seem a dissatisfied lot.
China’s third largest bank stumbles
The weaker Chinese economy has claimed Bank of China, Ltd as a victim.
11 Indian banks downgraded by S&P
It’s not welcome news for banks anytime.
China's banking system seems healthy
The China Banking Regulatory Commission (CBRC) reports on the state of China's banking industry in 2011.
Bankers Association of the Philippines appoints Alberto Villarosa as president
Mr Villarosa is also the President and CEO of Security Bank Corporation.
Citi makes $2.9B profit in Q1 with India, China stake sales
The sale of Citigroup stakes in India and China boosted the bank's revenue as it profited US$2.9 billion in the first quarter of 2012.
Malaysia's CIMB close to acquiring 60% stake in Philippines' BoC
CIMB's acquisition of a 60% stake in the Bank of Commerce is now awaiting the Philippine central bank's approval.
Malaysia's Affin again eyeing 51% of Indonesia's Bank INA Perdana
Affin Bank is still interested in acquiring at least 51 per cent or a majority stake in Indonesia's PT Bank Ina Perdana.
Janata Bank Nepal going public in May
Janata Bank Nepal Limited has completed preparations for initial public offering.
China lauded by IMF and WB for improved bank regulations
Chinese banks have made "significant improvements in risk measurement and risk management", according to experts of the IMF and World Bank.
Indonesia to question DBS on Danamon transaction
The Indonesian central bank is set to discuss with the DBS Group about its plan to buy 99 percent of Bank Danamon shares.
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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