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KB Financial and Korea Life Insurance were among the preferred bidders to buy ING Group’s Asian insurance business.

India Post will soon foray into core banking solution and set up 24 ATMS in Assam.

The weighted average annual rate for new loans extended by South Korean banks went down 3 basis points in April to 5.71 percent.

Maybank is hoping that a proposed limitation of shareholding in Indonesian banks will not apply to the banking group.

RHB Capital saw its pre-tax profit for the first quarter ended March 31, 2012 fell to RM580.72 million or US$184.3 million from RM610.60 million.

Any account holder with Ahli United Bank in Bahrain may now be able to wire money to an Axis Bank account holder in India using the Internet banking platform.

BDO Unibank has acquired Rural Bank of San Juan Inc. and will assume its liabilities and recorded assets.

Almost all the power in Sacombank has been transferred to new shareholders group, ending a year-long acquisition.

Bank cards are mainly used for cash withdrawal in Vietnam, with 82% of the total transaction value conducted via the ATM system.

Vietcombank will allocate VND 2 trillion or US$96 million to provide low-interest loans for business and consumption purposes.

Korea Development Bank plans to tap the Japanese bond market after a record Samurai offering by the  Export-Import Bank of Korea.

South Korea's central bank will sell off its entire 39.5 million shares in Korea Exchange Bank worth US$277.3 million

Chinese banks bought US$110.2 billion on behalf of clients in April and sold US$113.9 billion U.S. dollars, resulting in a net sale of 3.7 billion U.S. dollars.

China's banking regulator told its financial institutions to focus more on attracting private investment.

CIMB Bank 's first quarter revenues were driven higher from non-interest income from debt capital markets.

Ocean Bank will sell 15 per cent of its total capital to Hermes Capital this year.