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Malaysia's Hong Leong Bank to open 20 "Mach" branches

Hong Leong Bank will open 20 new branches for its new sub-brand, Mach by Hong Leong Bank, in the next two years.

Malaysia's Hong Leong Bank to open 20 "Mach" branches

Hong Leong Bank will open 20 new branches for its new sub-brand, Mach by Hong Leong Bank, in the next two years.

Insurance body slaps fine on IndusInd Bank

Indusind Bank has been slapped a Rs 15 lakh by ther Insurance Regulatory and Development Authority for violating corporate agency norms.

China Bank provides cashless cab fare payments

You can now pay your taxi fare using your ATM or debit card in Davao,Philippines.

Union Bank of Colombo to introduce core banking solution

Union Bank of Colombo will be introducing a new state of the art Core Banking Solution that adds further value to improving its management processes and service delivery.

India's central bank releases branch locator

The Reserve Bank of India released a database that will give information about branches and offices of commercial banks.

Maybank upbeat on ETP benefits

Maybank is seeing opportunities in segments of its financial services despite the slowdown.

Prudential, Maritime Bank to provide bancassurance one-stop shop

Prudential Vietnam Assurance Company signed a partnership deal with Maritime Bank for providing bancassurance services in the bank’s network.

Korea's savings bank pay fat salaries to execs despite losses

Korean savings banks pay their executives hundreds of millions of won per year despite losses and threat of insolvency.

India keen on Islamic Finance System: WIEF Sec Gen

The Indian government will come out with a policy decision  as regards the establishment of Islamic banks and finance institutions, according to WIEF Secretary-General Tan Sri Ahmad Fuzi Abdul Razak

HDFC Bank aims 1 million new credit cards in 2012-13

HDFC Bank launched its credit cards for doctors' specific needs, as part of its plans to launch total one million credit cards in current fiscal.

Dena Bank raises $153.9M from bonds

Dena Bank has raised Rs 850 crore or US$153.9 million from bonds to fund business growth.

IDBI to facilitate web-based auction

IDBI Bank to enable one of its gilt account holders to participate in primary auctions through a newly launched web-based Negotiated Dealing System auction.

Pos Malaysia to provide micro credit to SMEs

Pos Malaysia has acquired the entire stake in Pos Ar-Rahnu Sdn Bhd to be used as the joint venture company.

10 Taiwanese banks may now set up mainland branches

China has given permisssion to ten Taiwanese banks to establish branches on the mainland.

Singapore's central bank to establish rep office in Beijing

The Monetary Authority of Singapore has signed an agreement with the  People's Bank of China to establish a representative office in Beijing.

Markets determine Islamic mega bank licence applications: Bank Negara

Bank Negara Malaysia said applications for Islamic mega bank licences willbe determined on business viability.

StanChart now approves Indian credit card applications online

Standard Chartered Bank now provides Indian clients the chance to apply for a card online and receive an 'Approval In Principle'  almost instantly.