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South Korean bank workers will stage a one-day strike late this month to protest a potential merger between KB Finance and Woori Finance.

Agrobank expects to disburse at least US$15.7 million in loans with the launch of its latest product aimed at reducing the financial burden of the padi farmers.

Samsung and Shinahn will offer a credit card designed exclusively for Korea’s 2.5 million self-employed workers next month.

South Korean banks held sufficient foreign currency liquidity to repay foreign debts in June.

75% of these corporations are likely to open tender, but only across the leading four domestic banks.

Cardholders will be entitled to 5% rebate at partner boutiques among other exclusive deals.

South Korea's money supply amounted to 1,784.2 trillion won or US$1.6 trillion in May, up 5.5 percent from a year earlier, according to the Bank of Korea.

 

AMMB Holdings Bhd's plan to acquire the entire stake in MBF Cards for RM623.4 million pushed MBf Holdings Bhd's share price by three sen to RM1.04.

India International Bank Malaysia Bhd aims to record RM2.5 billion or US$785 million in loans and deposits in the next three years.

A Nielsen study revealed that 39% of Malaysian online consumers use credit cards as a common payment method for dining, shopping and entertainment activities.

This is Gresham's third major project with Australia and New Zealand Banking Group Ltd.

The Philippine central bank mulls making sari-sari stores, payments centers and other store-like facilities banking conduits.

OCBC Al-Amin Bank launched Malaysia's first standalone seven-days-a-week Islamic day-and-night banking branches.

Maybank aims to attract US$10 million investment on its "Maybank Silver Investment Account" within the first year.