More News

Hana Financial Group and Kiwoom Securities Co. are eyeing to acquire a package of ailing savings banks whose operation have been suspended since September.

The lender is positive that the lender will have stellar performance next quarter.

Garuda Indonesia will provide special corporate fares for Bank Muamalat’s employees and Bank Muamalat will open package tours with special prices facilitated by the Garuda Indonesia Holiday program.

The changes will take effect today, 21 November 2011 - but how much will the increase be?

Maritime Bank-MSB has submitted an application  to the State Securities Commission of Vietnam to be given the authority to to issue 100 million bonus shares at the 7-for-1-ratio.

ACB raised its gold deposit interest rate to 2.5% per annum through their “gold day with ACB” program.

All existing employees of MetLife Taiwan will be retained and CFHC will maintain employee's salary and welfare policies for the next two years.

The lender's loans and investments interest revenue soared to $19.15mn, offsetting a decline of $19.15mn in trading income.

A domestic bank in Vietnam is willing to buy back the debt of Vietnam Shipbuilding Industry Group at 35 percent of its face value, or $210 million, compared with the original $600 million.

This is 10.5% above its 3Q10 net profit of RM916 million.

There are over 130 designs available for ‘FRANK by OCBC’ credit cards.

AIA AFG Takaful Bhd plans to set up three branches next year, its chief executive officer Wan Azman Wan Mamat said.

The last ATM in the country was launched by Co-operative Bank back in 2003.

The State bank of Vietnam assigned a credit growth cap of 10% for the HDBank in 2012 as the lender violated regulation on interest cap.

VIB became one of the first commercial joint stock banks to offer packaged banking products and services for the Financial Supervisory Service enterprises in Viet Nam.

Public Bank will invest in a diversified portfolio of primarily local equities to achieve capital growth over the medium- to long-term period through its new equity fund, PB Growth Sequel Fund.