News
BoCom gets go signal to sell $4bn subordinated bonds
The lender kicked off the capital structure improvement process with a $3.9bn sale in July 2009.
BoCom gets go signal to sell $4bn subordinated bonds
The lender kicked off the capital structure improvement process with a $3.9bn sale in July 2009.
China Merchants Bank secures regulator’s approval for CNY35bn rights issue
But the application process with the China Securities Regulatory Commission and the HKEx is still ongoing.
Hang Seng Bank joins Dow Jones Sustainability Asia Pacific Index
The lender is the first in Hong Kong to be recognized by the Global Reporting Initiative standards.
Bank Mandiri and Rintis Sejahtera join ATM PRIMA Network
The agreement to increase transactions through Bank Mandiri’s electronic network while improving transaction efficiency.
Philippine banks petitions to halt 20% bond tax enforcement
8 banks seek the country’s Supreme Court mandate to stop imposing the tax.
Bank Mandiri sees 27% loan growth by yearend
The lender sees growth to beat the initial 22% estimate.
ANZ targets tenfold surge in opulent clients in Vietnam
The lender to tap more than 10,000 high-end professionals, or entrepreneurs who have built up their business in Vietnam.
Forex reserve growth of China slows down
Decreased growth said to show the depth of unease created by debt fears in Europe and the weak U.S. economy.
Woori Finance and RBS ink deal
The alliance will enable the South Korean lender to issue covered bonds.
HDFC Bank and Diners Club form alliance
The Indian bank to offering its 3rd credit card to 20,000 additional new customers per month.
Bank Central Asia starts offering BlackBerry banking service
The lender taps Indonesia’s 3mn BlackBerry users and 4.7mn of its mobile banking customers.
Listed banks in China eye 30% profit growth in 3rd quarter
Analysts believe large banks’ interest margin to peak in the second quarter as their assets quality remains stable.
Cathay United Bank and Bank of China strike cooperation deal
The Taiwanese bank to work with what it considers the most internationalized bank on the Mainland.
Asia joins in on global uprising against Wall Street
Protestors rallied in Hong Kong and Tokyo in support of the Occupy Wall Street demonstrations that began last month in New York.
Japan bank loans down by 0.3% in September
Japanese banks lent 0.3 percent less in September compared from a year earlier, reports Reuters.
Vietnam may allow sale of ailing banks
Vietnam's central bank is paving the way for mergers and acquisitions among banks to step up the restructuring of the sector hit by rising bad debt.
HSBC expands renminbi trade services to all China branches
The move will provide the lender widest geographic RMB trade coverage among all foreign banks in China.
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