News
OCBC NISP eyes $163.5M through rights shares offering
OCBC NISP is looking to raise Rp 1.5 trillion or US$163.5 million to strengthen its capitalization and extend loans by offering rights shares.
OCBC NISP eyes $163.5M through rights shares offering
OCBC NISP is looking to raise Rp 1.5 trillion or US$163.5 million to strengthen its capitalization and extend loans by offering rights shares.
Vietnam bank merger deals expected to mushroom
State Bank of Vietnam's efforts to speed up the bank restructuring process is expected to lure five to eight banks in mergers this year.
China Construction Bank posts 25% net profit growth
China Construction Bank registered a 25.48% growth in its $26.89 billion net profit in 2011.
Top Chinese banks post embarrassingly high profits
Seven of China’s leading banks lean on interest income to book record profits.
Bangkok Bank assists international clients with Indonesian branch
Bangkok Bank opened its 26th foreign branch in Surabaya, Indonesia to help international business clients deal with international transactions and loans.
Viet Capital Bank targets 17% credit growth
Viet Capital Bank is targetting a credit growth target of up to 17 percent, according to its business plan for 2012.
Philippine banking system quite profitable
Its rising incomes should see Philippine banks lend more as the Philippine economy continues on its growth curve.
BNI posts $19B worth of trade finance transactions in 2011
Bank Negara Indonesia posted trade finance transactions worth US$19.83 billion in 2011, up 72 percent from a year earlier.
Minsheng Bank to raise US$1.4 billion
China Minsheng Banking Corporation, Ltd needs some US$1.4 billion to meet tougher government regulations.
Vietnamese banks compete by opening more branches
Banks in Vietnam are opening new branches to strengthen their market presence.
Permata eyes 65% sharia lending growth
Permata Bank Syariah is targeting a lending growth of 65 percent this year.
PermataBank Syariah ups profit by 41% in 2011
PermataBank Syariah reported a profit of Rp 133 billion or US$14.45 million in 2011, reports Jakarta Post.
Bank Rakyat posts record $660M profit, declares record dividend
After posting a record pre-tax profit of RM 2.02 billion or US$600.7 million, Bank Rakyat declared a record dividend of US$122.29 million.
ANZ sets its sights on Burma
The once pariah nation of Burma appears an attractive prospect for the Australia and New Zealand Banking Group.
South Korea to probe bank loans
South Korea's central bank will evaluate loans extended by major banks to households and firms in a bid to ensure financial stability.
Deposits of Ho Chi Minh banks in rise 1.6% in March
Deposits of HCM City-based commercial banks are estimated to have reached 904.9 trillion dong in March.
Banco de Oro braces for Basel III
Banco de Oro Unibank, Inc intends to raise at least US$200 million in Tier 1 Capital this year.
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