News

Despite Maybank and CIMB bid for takeover, the lender is still looking at medium-sized and large banks acquisitions.

Industry’s stiff competition forces small lenders to team up with larger ones to form stronger entities.

Reuters reports Malaysia's top two banks, Maybank and CIMB Group, are beginning rival talks to buy RHB Capital, which could lead to creating Southeast Asia's largest banking group.

Taiwan's higher loan-to-value loans had a higher gross default ratio of around 5%, while the one with lower LTV loans showed a better performance of 2%, says Moody's.

AgBank will also issue $7.71bn subordinated bonds on June 2 following Shenzhen Development Bank’s $563.24mn mixed bonds launch last month.

The lender’s whole suite of deposit products for iSAVvy Singapore dollar time deposit.

Mega has weak internal control, and Bank Indonesia isn’t happy about it.

Branch would be the lender’s second in China as it expand in its strategically important market for its customers.

FSC to allow local bank holding firms to buy only 50% stake in a holding firm with government stake to improve chances of privatising Woori.

The China Banking Regulatory Commission's new 4% leverage ratio requirement means more pressure to maintain a solid capital base.

Inflation is out of control so the The State Bank of Vietnam has limited credit growth of banks to 20% in 2011.

PBCom has about 52.6mn common shares and another 120mn preferred shares to which the floor price of P25 a share would apply for this bidding.

Phongsavanh became the first private bank in the Lao PDR to provide services for VISA and MasterCard.

BCEL signed an agreement with Pudian Bank of China to facilitate the opening of accounts and simplify currency exchange between the two banks.

Availability of funds the allows the lender to expand network by buying medium sized banks.

The bond issuance could help to expand the bank’s funding sources and lower the cost of funding.