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Irish group to issue sukuk in Malaysia

Ireland’s Electricity Supply Board may become the first large non-financial company from Europe to sell Islamic bonds.

Irish group to issue sukuk in Malaysia

Ireland’s Electricity Supply Board may become the first large non-financial company from Europe to sell Islamic bonds.

Standard Chartered adds new features to Straight2Bank Mobile

The enhancements allow clients to review their transaction history, operating loans and deposits, and 3rd party bank account balances.

Vietnam banks need to develop mobile banking system: expert

Vietnamese banks are focusing on expanding their mobile banking services as customers are now turning to use mobile services.

State Bank of Pakistan introduces new set of prudential returns for banks

The State Bank of Pakistan introduced a set of prudential returns/statements for banks to enable it to effectively monitor and assess the risks posed by their relationship with the associated undertakings.

Fitch cautions Asia-Pacific banks on weak operating environment

Fitch Ratings says a weaker operating environment in Asia Pacific may lead to rating pressure on banks in China and India.

Hong Kong banks told to toughen home mortgage requirements

Hong Kong ordered banks to toughen lending requirements for those with more than one mortgage on residential property.

China UnionPay expands business in Nepal

China UnionPay cards will now be accepted in by all automatic teller machines and point-of-sales machines owned by Nepal's Himalayan Bank.

Allahabad Bank to provide short term deposit plan at 7.6% rate

Allahabad Bank will offer a short-term deposit scheme for high-value customers.

S.Korea central bank freezes key rate for 2nd month

Policy makers of the central bank of South Korea unanimously left unchanged the benchmark 7-day repo rate at 3 percent for September.

Foreign inflows positive for Sri Lanka: central bank

Sri Lanka's Central Bank reported that foreign inflows including workers' remittances continued to hold up.

Bank Mandiri, Merpati Airlines team up on credit cards

Mandiri credit card holders will be able to buy three Merpati tickets for the price of two at the airline’s sales office in a promotion that will run from Sept. 19, 2012 until Sept. 18, 2013.

Growth in Indian realty loans drops to 4%

The waning interest of the Indian banking sector towards real estate lending is reflected in the loan exposure growth rate, which declined to 4 percent from 23 percent last year.

Bank Mandiri’s Islamic unit considering IPO

Bank Mandiri is planning an initial public offering next year for its Islamic unit, Bank Syariah Mandiri, according to its commercial director, Sunarso.

JS Bank to buy HSBC's Pakistani business

HSBC had agreed to sell its operations in Pakistan to the Asian country’s JS Bank Limited for an undisclosed sum.

Pakistan Post offers electronic money order service

Pakistan Post has launched an Electronic Money Order service at seventeen centres in ten districts of the country.

Bank of Baroda cuts home loan rates

Bank of Baroda reduced its home loan rates by 0.25 percent across all categories for both new and existing customers.

BTN to boost remittance business with new partner

PT Bank Tabungan Negara inked a deal to improve Telkom’s Delima remittance business.