Retail Banking
StanChart targets Taiwan`s top foreign bank spot
The lender aims to accomplish feat in 3-5 years time as it has recruited 100 more new employees.
StanChart targets Taiwan`s top foreign bank spot
The lender aims to accomplish feat in 3-5 years time as it has recruited 100 more new employees.
ICICI Bank sees 18% credit growth in 2010-11
The lender attributes positive growth to its healthy current accounts and savings accounts deposits level.
CCB provides $3bln credit line to a Beijing housing commission
Beijing supplied 12.63 million square meters of land for security housing projects and 1.64 million square meters for low-income housing.
Taiwan`s state-run banks expects downtrend in its mortgage lending
The central bank has directed banks to strictly screen mortgage applicants to help cool the soaring real estate market.
CIMB Group profit up 31.9% to RM2.64bln
The year-on-year growth for nine months is part of the Group’s first set of financials which are in full compliance with the Basel II framework.
Korea Exchange Bank union objects Hana's takeover
4,000 employees are expected to join to protest Hana’s takeover as it conducted due diligence on KEB.
BEA China completes overseas RMB investment settlement
The move enables Xinjiang companies to use renminbi to engage in business abroad, while allowing foreign companies make renminbi investment into...
NAB shareholders target $442mln in US subprime suit
Shareholders sued the bank for failing to report exposure and risk of losses from subprime mortgage exposure.
Maybank holds simultaneous global CSR day project
Through the Group employee volunteerism programme, thousands of Maybank employees joined together for the first time in a global CSR initiative.
Moody's affirms Woori Bank after re-evaluation
Prompted by a sharp spike in Woori Bank's problem assets during the third quarter 2010, its asset quality and capital were re-evaluated prior to...
State Bank of India sees launch of $4.4bln rights issue soon
Government needs to subscribe big to maintain its stakeholding at the existing level.
Union Bank of India mulls issuing Swiss franc bond
The move has not been seen from any Indian lender since 1987.
Dah Sing Financial targets raising HK$2.2bln via rights issue
The company and its banking unit to use proceeds to strengthen their core capital and sustain business growth.
ANZ continues Asia expansion even if Hana's KEB bid prevails
The Australian bank to go after Woori should the KEB-Hana deal materialises.
DBS Bank in Taiwan needs capital injection
DBS is the only bank that has yet to meet the $6.6mln capital requirement for foreign lenders.
State Bank of India to sell $681mln Euro bonds
The bank will meet investors in 9 European cities from Nov. 17 to sell five year debt.
Lone Star to sell KEB to Hana Bank
Deal frustrated ANZ’s intent to purchase Lone Star's 51% stake, which would have boosted its efforts to expand in East Asia.
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