Retail Banking

BOCHK to inaugurate offshore renminbi bond index

The index aimed to monitor the total returns of offshore renminbi bonds.

ANZ Bank starts issuing renminbi bonds in HK

The issuance is the lender's first Hong Kong RMB offshore bonds oversubscribed 6 times.

Bangkok Bank sees 5-7% loan growth next year

The lender sees net interest margins to remain flat at 3% in 2011.

Kookmin Bank names Lee Chan-gun and Park Ji-woo EVPs

Appointments aimed to improve the stability and efficiency of the bank organization and strengthen its marketing.

South Korea to privatise Korea Development Bank

The government admits KDB privatisation is more difficult task than the Woori’s.

SBI’s non-performing loans affects asset quality

Despite concerns, Fitch has retained highest long-term rating of SBI at AAA with stable outlook.

China Construction Bank to pare down loan scale

The lender follows move of other Chinese banks due to expected tighter loan policy in 2011.

Regulators approve cooperation of BoC with 4 Taiwanese banks

Cooperation to include foreign exchange, trade finance, joint loans, interbank borrowing and staff exchanges.

National Australia Bank may divest Clydesdale Bank

The Australian lender wants to concentrate on its core businesses at home while selling the “deadweight” British lender.

South Korea to decide on $6bln Woori stake sale’s fate

Unfavourable market conditions and the loss of 2 potential candidates seen to further the sale delay.

DBS to acquire RBS China units

Move part of the lender’s plan to expand into China, South-East Asia and India.

Bank of East Asia launches rural bank in China

The rural lender to provide deposit taking, agriculture-related lending and capital settlement services to rural residents and SMEs.