Wholesale Banking

VietinBank bonds attract foreign investors

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.

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.