Retail Banking
Maybank sees Kim Eng acquisition boost regional growth
OSK Research has maintained buy call on Maybank as it is 'neutral to slightly positive' on the Maybank-Kim Eng deal.
Maybank sees Kim Eng acquisition boost regional growth
OSK Research has maintained buy call on Maybank as it is 'neutral to slightly positive' on the Maybank-Kim Eng deal.
Hana Bank to pare down bad-loan ratio
The lender targets 20% profit rise as it expects economy to be stable this year.
Kelly remains Westpac CEO—spokesperson
Contrary to reports the bank’s chairman endorses Kelly as she provided strong leadership to the bank.
KB Financial to divest 11.2% stake by September
3 to 4 per cent stake to be sold to foreign investors through a block sale and the remaining shares to three to four foreign institutional investors...
China Merchants Bank plans raising $4.5bn
The lender may seek help from its parent company to raise capital in complying with its higher capital adequacy requirements.
KDB keen on buying a Southeast Asian bank
KDB pulled out stake sale in Siam City citing regulatory uncertainties in the global banking industry.
China probes CBA’s Chinese partner on fraud involvement
Qilu Bank has been alleged to have received $227mln worth of forged commercial bank bills.
KEB labor union files Hana takeover injunction
Union claims KEB board directors' collaboration with Hana was illegal.
Bank Negara Indonesia launches micro loans for migrant workers
The lender had already released US$222,000 to migrant workers from the East Java town of Kediri.
Woori and Hana plans to engage in savings bank business
Acquisition of savings banks would help major lenders seen to delay potential systemic risk through diversification.
Maybank acquires 44.6% stake in Kim Eng
Transaction represents stepping up of the lender’s investment banking and equities platform in ASEAN.
State Bank of India plans South Korea operations
SBI is also seeking to acquire an Indonesia bank in cash deal not exceeding US$100mln.
Punjab National Bank names Rakesh Sethi executive director
Sethi has been appointed as director for a period of five years replacing Nagesh Pydah.
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