Wholesale Banking

Philippines' SMC to finalize bank sale to Malaysia's CIMB

San Miguel Corp is close to selling 60 percent of its Bank of Commerce to Malaysia's CIMB Group.

Philippines' SMC to finalize bank sale to Malaysia's CIMB

San Miguel Corp is close to selling 60 percent of its Bank of Commerce to Malaysia's CIMB Group.

Sacombank target of first banking takeover bid in Vietnam

A hostile takeover is brewing as Eximbank leads other shareholders of Sacombank in demanding a new management board.

Only 5 players dominate South Korean banking: data

Only five groups are dominating South Korea's banking industry, industry data showed.

New construction bank proposed in Vietnam

Vietnam's Ministry of Construction is seeking approval from the State Bank of Vietnam to set up a new bank. The ministry's proposal comes at the...

Vietinbank to increase chartered capital

The management board of Vietinbank has approved the proposal of increasing chartered capital in 2012 in two phases.

Outlook rosy for South Korea's financial groups: analysts

Analysts forecast that South Korean financial services groups will post robust earnings this year.

Korea Eximbank forms consultative body with 5 Chinese banks

Korea Eximbank will form a consultative group with five Chinese banks to help Korean firms win large overseas projects.

Bank of Tokyo explores Cambodian market

The Bank of Tokyo Mitsubishi UFJ will penetrate deeper into the Cambodian market with the launching of its representative office.

HSBC CEO wants Vietnam's banking system restructured soon

Based on a roadmap developed by the Vietnamese government and the central bank, The local banking system will be restructured comprehensively in 2012...

The Asian Banking and Finance Wholesale Banking Awards 2012 now open for nominations

Name your best banking and finance institutions in the inaugural Asian Banking and Finance Wholesale Banking Awards 2012.

Singapore banks slam Volcker Rule; demand exemptions

One banker’s feast is another’s poison pill it seems.

Malaysian banking system posts solid numbers

Malaysia’s banking system capitalisation remained strong with the risk-weighted capital ratio and core capital ratio at 14.9% and 12.9%.

Agribank to restructure, revert focus to agri, rural devt

Vietnam may approve the plan to restructure Agribank this February, wherein it reverts its focus to agriculture and rural development.

Mizuho's 9-month net profit down 35.8% to $3.6B

Mizuho Financial Group's net profit in the April-December 2011 period went down by 35.8 percent to US$3.6 billion.

Government-owned bank in Philippines’ biggest public issuance

Land Bank of the Philippines said it raised P10.5 billion from the sale of Tier-2 notes.

ANZ leads Australia's growth drive in Asia

The ANZ Group is seeking a licence in Thailand as National Australia Bank opens its first branch in India. Thai Prime Minister Yingluck Shinawatra...

RBI: cash reserve ratio is more than a liquidity tool

The 50 basis points cut in the cash reserve ratio by the RBI was described as "dovish" by a senior bank official.   "The RBI has adopted a more...