Retail Banking
Minsheng Bank to raise US$1.4 billion
China Minsheng Banking Corporation, Ltd needs some US$1.4 billion to meet tougher government regulations.
Minsheng Bank to raise US$1.4 billion
China Minsheng Banking Corporation, Ltd needs some US$1.4 billion to meet tougher government regulations.
Myanmar's open door policy attracts Thai banks
Thai banks are eyeing to operate in Myanmar when the latter's policy of opening to international banks takes effect on 2015.
Vietcombank targets $238.6M after tax profit in 2012
Vietcombank is targeting an after tax profit at 4.929 trillion dong or US$238.6 million, a year on year increase of 17%.
Deposits of Ho Chi Minh banks in rise 1.6% in March
Deposits of HCM City-based commercial banks are estimated to have reached 904.9 trillion dong in March.
Banco de Oro braces for Basel III
Banco de Oro Unibank, Inc intends to raise at least US$200 million in Tier 1 Capital this year.
Chinese banks' overdue loan portfolio
Research shows the banks' overdue loan ratios have a close correlation with their NPL ratios.
SMBC ups investment in Indonesian infrastructure agency
Japan’s second largest bank in assets is putting its money on Indonesian infrastructure projects.
United Bank of India to open office in Myanmar
A more business friendly environment in Myanmar convinces the United Bank of India to do more business there.
BRICS to establish own bank
Brazil, Russia, India, China and South Africa are ready to establish a development bank for investment risk-sharing.
Will CIMB finally break into Philippine banking?
According to recent reports, CIMB is to acquire a 60% stake in Bank of Commerce - but will it succeed?
BoCom to replenish depleted funds
Shanghai-based Bank of Communications intends to offer the world’s largest share sale since May 2011.
SPD Bank ups profits by 42%
Rising net interest incomes, commissions and lower operation costs pushed the earnings of Shanghai Pudong Development Bank up 42.28% year-on-year.
State Bank denies rumors of SHB's takeover of Habubank
Tthe State Bank of Vietnam stated that it has not received any report on the SHB’s proposal to buy Habubank.
DBS Indonesia's net profits surge 74.4 % to $41.8M
PT Bank DBS Indonesia posted a 74.4 percent increase in net profits to Rp 384 billion or US$41.8 milion in 2011.
West Java's Bank BJB grows lending by 21.5% to $3.13 B
Bank BJB’s lending grew by 21.52 percent last year to Rp 28.76 trillion or US$3.13 billion.
Azzabin is new CEO of Al Rajhi Bank
Al Rajhi Bank has appointed Suliman AbdulAziz Azzabin as chief executive officer.
Bank Mega books over $109M net income despite sanctions
Bank Mega's net income went up 12 percent from the previous year to more than a Rp 1 trillion or US$109.3 million.
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