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Commonwealth Bank Indonesia targets mobile banking market

Commonwealth Bank Indonesia is tapping into the increasing number of middle-class people using mobile banking.

Commonwealth Bank Indonesia targets mobile banking market

Commonwealth Bank Indonesia is tapping into the increasing number of middle-class people using mobile banking.

CIMB Bank relocates commercial banking centre

CIMB Bank relocated its commercial banking centre from Jalan Barat to Wisma BU8, Petaling Jaya.

Bandhan targets 30% growth

Bandhan Financial Services set a 30% growth target for 2012-13 after growing by 50% last fiscal.

RBI left to decide on Maharashtra State Cooperative Bank case

It depends on the Reserve Bank of India whether or not to make any further investigation into financial irregularities at the Maharashtra State Cooperative Bank.

Woori union opposes privitization

The labor union of Woori vowed to launch a general strike if the government continues plans to sell it to another banking group.

RHB Bank anticipates 10-12% loan growth

RHB Bank acting director, Vince Au Yoong, is confident that the loans sector will continue to grow but will see a slightly lower margin compared with last year.

HKMA, Bank Negara and Euroclear Bank launches joint post-trade service

They aim to process cross-border Asian debt securities transactions centrally via a single link through the Common Platform.

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.

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.

ING Vysya Bank enters gold coin retailing

ING Vysya Bank announced plans to sell 24-carat coins of up to 10 grams.

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.

CIMB Niaga's net profit surges 29% in 1Q12

Thanks to its operating income which rose 30% to Rp3.17 trillion.

Habubank announces plan to merge with SHB

Habubank announced its draft plan to merge with the SHB.

Bank Pembangunan's pre-tax profit up 23%

Bank Pembangunan posted a pre-tax profit of RM618 million for the financial year ended Dec 31, 2011.

SBI aims 19-20 % credit growth

State Bank of India eyeing a credit growth of 19-20 percent in the current financial year.

ANZ raises mortgage rates

ANZ raised it standard variable rate by 6 basis points, or 0.06 percentage point, to 7.42percent, effective April 20.

Punjab National Bank to offer 24-hour banking services

Punjab National Bank's customers can will soon enjoy select banking services like updating of passbook 24 hours a day in all days of the week.