News

DBS launches new savings plan for US and Australian dollars

Customers may get a rate of 1.68% for the US dollar plan and 6% for the Australian dollar.

DBS launches new savings plan for US and Australian dollars

Customers may get a rate of 1.68% for the US dollar plan and 6% for the Australian dollar.

Metrobank investment unit mulls offering $161.44mn retail bonds

FMIC’s debut access to the general capital markets has planned tenor of 5 years.

Bank of Communications mulls issuing $4.1bn subordinated bonds

The CNY-denominated bonds seen to be released by mid-October.

Maybank and YES BANK establish ties

The alliance seen to step up trade and investment between India and South East Asia.

SBI upgrades MTN programme size to $10bn

The lender doubled also extended 25 bps concessional home loans up to December.

ICICI Bank and Oppenheimer investment banking units join forces

The tie-up to cover securities activities such as equity and debt capital markets services, advisory services, private equity transactions, and wealth management.

HSBC targets selling all Korean branches

The move is part of lender’s worldwide restructuring plan which includes sale of its U.S. credit card and retail services.

Bank Islam remains open to M&As

The lender wants to the M&A that has a strategic fit, which it didn’t see in the last two failed attempts.

China seen to lift suspension of city banks’ expansion

The regulator to assess lenders' interregional expansion after more than 30 of them have expanded beyond their home provinces.

NAB sets eyes on US investors in RMBS Issue

The lender keen to woo American investors with Australian mortgages in the belief that foreigners are confident in the Australian housing market.

HSBC mulls boosting India unsecured loan retail unit

The lender keen to execute the plan in a cautious and calibrated way despite plunge in profit.

Commonwealth Bank confident on weathering crisis

The lender’s chief believe influx of retail deposits would protect Australian banks against higher funding costs.

Banks worldwide set their sights on Asia

As it is predicted to become the dominant center for global trade flows over the next 12 months.

Banco de Oro plans issuing $69mn Tier 2 notes

The proceeds of notes having 10 years and 3 months maturity will be used for lender’s expansion.

Korea savings bank suspensions push deposits up

Thed suspension of ailing savings banks stirred investors to seek safer financial institutions inn Korea resulting to an increase in news deposits reports Yonhap News.

OCBC Malaysia goes for $1.28bn SME loan disbursement this year

The lender and its local rivals are currently searching for good SMEs with export potentials.

DBS Bank to invest S$250m in private banking over the next 5 years

Its new platform targets high net worth individuals with investible assets of S$1.5m and up.