News
Tougher banking rules boost banking safety in China
Rating agency Standard & Poor’s applauds China’s amended reserve regulations.
Tougher banking rules boost banking safety in China
Rating agency Standard & Poor’s applauds China’s amended reserve regulations.
Danamon's Q1 lending up 23% with $11.6B
Bank Danamon fueled a 23 percent year-on-year growth in loans for Indonesia’s in the first quarter of 2012.
HDFC Bank exceeds expectations with Q4 profit of $282M
HDFC Bank exceeded analysts' expectations with a 30.3 percent rise in fourth-quarter net profit of US$282 million or Rs 1453.
Banks are bullish on Malaysian SMEs
Malaysian banks have a winner in the country’s growing legion of small and medium enterprises.
Australian bank to increase presence in China and Indonesia
Commonwealth Bank of Australia intends to generate more than half its profit overseas.
Moody’s rates Hong Kong’s and China’s banking industry
Ratings agency Moody's Investors Service affirms the stability of the banking system in Hong Kong and China.
OCBC seeks more overseas revenues
The new CEO of the Oversea-Chinese Banking Corporation has grand plans for the Singaporean bank.
Malaysia's CIMB close to acquiring 60% stake in Philippines' BoC
CIMB's acquisition of a 60% stake in the Bank of Commerce is now awaiting the Philippine central bank's approval.
Malaysia's Affin again eyeing 51% of Indonesia's Bank INA Perdana
Affin Bank is still interested in acquiring at least 51 per cent or a majority stake in Indonesia's PT Bank Ina Perdana.
Australia's Westpac to open first branch in India
Westpac announced that it will open its first branch in India.
Palm reading ATMs to debut in Japan
A new technology literally places the security of your deposits in the palm of your hand.
CCB begins massive expansion of branch network
China Construction Bank Corporation plans to open 2,000 more branches until 2016.
IOB eyes 16-18% credit growth
IOB is eyeing a credit growth of 16-18 percent and deposits growth of 18-20 percent in the current financial year.
Chinese banks intensify lending
Chinese banks lent a record US$160 billion in March in a bid to boost China’s faltering economy.
Indonesia wants reciprocity in Singapore operations
Indonesian banks should be given equal treatment in operating in Singapore as a condition for the approval of DBS Bank’s bid for Bank Danamon.
BNI combines insurance with investment products
BNI is expecting to earn more from its bancassurance business with new deals from several insurance companies.
Maybank looking to bid for Philippine Islamic bank
Maybank may bid for Al Amanah Islamic Bank of the Philippines, who is looking to sell a 49% to 100% stake.
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