News

The lender believes the move will make it uncompetitive.

The lender still optimistic of the goal despite expected slowing down of lending growth in the fourth quarter.

Australia’s top 4 banks, which include Westpac, hold $1tn loans portfolio in mortgages.

The government targets further enhancing stakeholders' confidence and enhance the integrity of the Islamic financial industry.

Analysts believe Malaysia’s central bank’s approval will come if it will be supportive of consolidation of the banking sector.

BNP Paribas, Banco Santander Chile, Westpac, Svenska Handelsbanken, and Woori Bank can already sell a combined $1.1bn baht-denominated bonds.

The offer is part of a government program releasing $100bn of forex reserves to JBIC to spur purchases overseas.

Hana awaits South Korea financial regulator’s next move, which may include orderingLone Star to sell most of its 51 percent stake.

Malaysia will continue its efforts to strengthen its position as an international Islamic financial centre and contribute towards the internationalisation of Islamic finance.

Lending activity has started to ease off as banks become more careful.

The lender wants to gain share from defectors who withdrawn billions of their investments from French lenders.

The class action by retiree Elizabeth Saunders and 14 others settled on a confidential basis.

Citi surpasses UBS as the leading high net worth wealth manager in Asia-Pacific according to a Private Banker International report.

The tie-up’s Enhancer Direct scheme to assist viable SMEs that are unable to secure financing due to insufficient collateral.

Japan’s Mizuho Financial Group will acquire a 15 per cent stake in Vietcombank for $567 million in what is possibly Vietnam’s largest ever inbound acquisition.

Maybank expects its community financial services revenue to grow to RM12 billion in 2015, from the current RM6 billion.