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Malaysia's AFB to implement corporate banking model in Indonesia, Philippines
Asian Finance Bank staged a turnaround for its financial year ended Dec 31, 2011, said CEO Datuk Mohamed Azahari Kamil.
Malaysia's AFB to implement corporate banking model in Indonesia, Philippines
Asian Finance Bank staged a turnaround for its financial year ended Dec 31, 2011, said CEO Datuk Mohamed Azahari Kamil.
Sacombank earmarks $48M soft loans for prioritized borrowers
Sacombank is earmarking one trillion dong or US$48 million for soft loans to agro-forestry andfisheries sectors until May 11, 2012.
VietinBank expands online Western Union service
VietinBank has expanded its Western Union Online through its IPay system.
Maritime Bank appointed service bank for expressway project
Maritime Bank has been appointed as the service bank for the Da Nang – Quang Ngai Expressway Project by the State Bank of Vietnam.
Other Aussie banks could follow ANZ's rate rise lead
Australia'sthree other big banks are not ruling out interest rate hikes after ANZ's rate increase on home and small business loans.
Vietnamese banks to charge ATM fees
Vietnamese banks are seeking to introduce ATM charges to avoid big losses on ATM services.
Indian banks to pay 8% on delayed Relief Bond interest payments
Banks are expected to be more prompt in crediting interest amount of Relief or Saving Bond investors.
GRGBanking's net income up by 6.61% to US$80.46m
But after deducting the non-operating gains and losses the profit only increased by 5.39% to US$77.6 million.
CIMB, RBS confirms business cooperation
CIMB and RBS confirmed their mutual understanding to cooperate in various areas of business through a cooperation agreement.
StanChart, Garuda ink deal to boost expansion
Standard Chartered Bank will collaborate with Garuda to enhance the latter's Garuda Frequent Flyer customer loyalty program.
Hong Leong Bank $1.5B Euro notes
Hong Leong Bank can now issue euro medium-term note of up to US$1.5 billion.
Vietnam's Vietinbank establishes subsidiary bank in Germany
Vietinbank has been allowed in principle by the State Bank of Vietnam to set up a subsidiary bank in Germany.
SCB prepares to expand, okays $3.2M more in bonds
Siam Commercial Bank is preparing for massive fund flows for business expansion both locally and overseas.
St. George Bank staffers await promised bonuses
St. George Bank agreed to pay seven former staff the "retention incentive bonus" promised to 118 key staff nearly four years ago.
VietinBank’s Laos branch to sign $20M credit contract with telco netwrok
VietinBank’s Laos worked with Unitel on detailed agreements to prepare for signing a credit contract worth $20 million.
Bank Muamalat to raise $87M through sukuk
Bank Muamalat will issue Islamic debt papers in July with the hope of raising Rp 800 billion or US$87 million.
SHB and Habubank approved for merger
The State Bank of Vietnam has approved in principal the merger between Habubank and SHB.
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