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The lenders exposure to the MFI sector has a significant amount for micro lenders serving small borrowers.

The Chinese bank in talks with 3 banks and may shell out US$600mn in the move.

Mandiri’s alliance with Prima made the interconnection possible.

Hundreds of employees in danger of facing the axe as the lender trims down cost amid economic slowdown. 

The Financial Supervisory Service (FSS), is currently reviewing Lone Star's eligibility as KEB's major shareholder.

Study says Australian banks have the capacity to borrow up to A$130 billion in covered bonds over the coming years.

IDBI Bank Ltd. plans to raise $200 million by selling bonds and is seeking partially guaranteed ADB loan.

Australia & New Zealand Banking Group Ltd. is set to cut hundreds of jobs according to  the Finance Sector Union.

This year, ICBC will continue the launch of direct finance service to support economic restructuring and upgrade, the Bank announced.

A total of 1658 ICBC Telephone Banking call desk staff were on duty during the New Year holiday just passed, attending over 500,000 incoming calls from customers.

VietinBank Financial Leasing was allowed to raise its chartered capital from VND500 billion to VND800 billion.

After lying low for several months, several banks, especially smaller ones, appear to be again breaching the 14 per cent cap.

CIMB Thai Bank plc would acquire TMB Bank, formally known as The Thai Military Bank.

Maybank is offering a six-month moratorium for flood victims till June 30, 2012.

China has just implemented a pair of key steps geared at turning the renminbi or yuan into an international currency.

Vietnam's OceanBank is looking for a foreign strategic partner.