Retail Banking
Banks support Malaysian SME’s overseas expansion
Malaysia’s small and medium enterprises receive more banking support in their quest for higher exports.
Banks support Malaysian SME’s overseas expansion
Malaysia’s small and medium enterprises receive more banking support in their quest for higher exports.
CIMB's acquisition of BoC to diversify operations: Moody's
Moody's gave CIMB Bank Bhd's plan to acquire a 59.98 per cent stake in the Philippines Bank of Commerce positive rating.
Philippine banks outdid regional rivals in 2011
The Philippines’ central bank claims the country’s banks did better than most of its Southeast Asian rivals.
People badly hit by closure of Nepalese banks, ATMs
It was the people that suffered most after banks in Baglung shut down their services due to security threats.
CIMB Bank relocates commercial banking centre
CIMB Bank relocated its commercial banking centre from Jalan Barat to Wisma BU8, Petaling Jaya.
Singapore's UOB ups Q1 profit by 12%
United Overseas Bank Ltd posted 12 percent rise in quarterly profit due to higher loan margins and fees.
RBI left to decide on Maharashtra State Cooperative Bank case
It depends on the Reserve Bank of India whether or not to make any further investigation into financial irregularities at the Maharashtra State...
Vietnam's loan growth and system leverage
Loan growth moderated to 10.9% in 2011, about half the government's target of 20%, according to Standard & Poor's.
What can we expect from China's amended reserve regulation?
China's Ministry of Finance recently revised its general banking risk reserve norm to at least 1.5% from the current 1% - will this be a boon or a...
South Korea tries to sell Woori again
Bidders interested in acquiring a majority stake in government-owned Woori Finance Holdings have until July 27 to do so.
Temasek “rebalances” investments in China’s Big Four banks
Singapore's sovereign-wealth fund Temasek Holdings has invested more in China’s largest bank at the expense of two other Big Four banks.
CIMB buys Philippines’ Bank of Commerce
CIMB Group Holdings Bhd., the largest company on Bursa Malaysia, has taken control of Bank of Commerce, an affiliate of San Miguel Corporation.
Malaysia's CIMB acquires 60% of Philippines' Bank Of Commerce
CIMB acquired 60 percent of Bank of Commerce of the Philippines for US$288 million.
Strong demand for PNB tier 2 notes
Philippine National Bank has raised US$82.8 million to finance asset growth and to allow it to maintain a strong capital base.
South Korea shuts down four savings banks
Failure to meet financial-strength standards proves fatal for four South Korean savings banks.
Sri Lanka's Union Bank pre-tax profit up 28%
Union Bank reported an operating profit on ordinary activities before tax of Rs. 158.6 million.
Suspended Korean savings banks raided over alleged irregularities
Prosecutors have raided four savings banks to investigate alleged irregularities that led to their suspension a day earlier.
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