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Plans of Indian banks to form subsidiaries get nixed
The Reserve Bank of India rejected proposals by several banks to launch wholly-owned subsidiaries.
Plans of Indian banks to form subsidiaries get nixed
The Reserve Bank of India rejected proposals by several banks to launch wholly-owned subsidiaries.
Kim Eng Acquisition, BII Potential Set Stage For Maybank's Regional Growth
The acquisitionof Kim Eng Holdings and growth potential of Bank Internasional Indonesia will bring regional growth for Maybank. OSK Research said...
Malaysia targets more foreign investments in banking
Malaysia would open up its banking sector to more foreign investment to put the economy back on investors' radar ahead of general elections expected...
Malaysian banking sector to be moderate next year : economist
Malaysian banking's performance is likely to be moderate next year in line with the economy.
Japanese, Chinese banks among leaders in coal plant financing
Chinese and Japanese banks are among the top 20 coal financing banks, along with those from the US, UK, Germany, France, Switzerland, and Italy.
South Korean banks' BIS capital ratio down in Q3
The capital adequacy ratio of South Korean banks fell in the third quarter from three months earlier.
Vietinbank gets approval to increase charter capital to VND20.2 T
The Governor of the State Bank of Vietnam approved VietinBank’s application to raise its charter capital from current VND16.858 to VND20.23 trillion...
Asian banking capitalization better than before: Malaysian central bank governor
Asia's financial institutions can cope with possible global financial meltdown caused by Europe's debt crisis due to its good capitalization...
Vietnam's Agribank to be restructured
The State Bank of Vietnam, under the order of Vietnam Prime Minister, promptly directed related units to develop plans to restructureAgribank.
HSBC China's capital replenished by CNY2.8B
HSBC Bank China's capital 's parent company, the HSBC Limited, has replenished its capital with 2.8 billion yuan or US$442 million U.S. dollars.
Chinese banks to get liquidity boost
A fiscal funding will soon provide additional capital for China's cash-strapped banks.
Vietnam central bank notes 4 principles in restructuring the banking system
The State Bank of Vietnam announced four fundamental principles in restructuring the local banking system.
Malaysia to boost efforts to become Global Islamic Finance hub
Malaysia will continue its efforts to strengthen its position as an international Islamic financial centre and contribute towards the...
ICBC retains top spot in asset custody business in H1
ICBC registered RMB 3 trillion of assets under custody in the first half of 2011, ranking first among Chinese banks for 13th consecutive year.
Bank of China plans global expansion
Bank of China will continue to expand its overseas network despite becoming much more reliant on the domestic market in recent years. "By 2020, we...
ABC teams up with Taiwan Cooperative Bank
ABC and Taiwan Cooperative Bank will enter into comprehensive cooperation in corporate banking, investment banking, treasury operations, trade...
ABC, Cathay United Bank sign cooperation agreement
ABC has signed a memorandum of understanding with Cathay United Bank to enter into broad cooperation in several areas.