News

KB Financial and Hana Financial possible suitors should Korea approves privatization process in second half 2010.

Lender confident of being leader in merger and acquisitions drive despite facing difficulties and controversies.

Move to open ICBC Mumbai branch follows China’s nod for SBI Shanghai to lend in Renminbi.

NAB faces competition with Banco Santander and Virgin Money for takeover of 84% of RBS.

Singaporeans at least 45 years old are now further protected against fraud or theft while also enjoying healthcare privileges with the launch of the Active Card.

Chinatrust aims to use Sumitomo’s $85mln investment for its expansion in the mainland.

Move can make lender India’s biggest mutual fund marketing machine.

27% loan growth and 17% net interest income surge boosted lender’s net profit that beat expectations.

BEA became the first locally-incorporated foreign bank to open a branch in Hebei Province with its Shijiazhuang branch.

Lender’s suitors need to hasten deal closure to avoid adverse investor sentiment and lowered staff morale.

Deal can boost BRI’s micro-credit business to 33% or more as it absorbs Bank Agro’s customers.

Global lender sees country as venue of exciting opportunities for local and international investors.

IDR listing will allow lender to build brand and develop business in India.

Economists Zhou Qiren, Xia Bin and Li Daokui are expected to bring in hawkish view.

Product enables customers with account in local currency to be converted to any foreign currency.

Careful choice of projects last year can make performance this year better than peers.