News
Oriental Bank of Commerce plans putting up HK office
Oriental Bank of Commerce plans putting up HK office
Hong Kong opens colossal break in OBC's global expansion efforts.
Pre-payment penalty for Axis Bank home loans removed
Axis respects customers' right of choice even when they shift a loan to a competing bank.
Bangkok Bank positive loans 2010 growth of 3-4%
Intensified lending to small and medium businesses and economic rebound give Bangkok Bank reason to cheer.
China Construction Bank to expand in Vietnam
National Bank's approval makes CCB first Chinese bank to establish branch in Ho Chi Minh City.
South Korean regulator to police loan-deposit ratios
Lenders are barred from lending more than the amount they receive to manage their liquidity risks.
NAB's Moody's ratings unaffected by Axa bid
NAB's purchase agreement of AXA's wealth management business for US$4.2 billion has no impact on its ratings.
Chinese banks limited to lend $1.1tln in 2010
Analysts believe $366 billion cut from 2009 cap can be replenished as loans growth remains high.
New Stanchart CEO in Korea keen on expansion
Newly-appointed SC First Bank chief Richard Hill will invest $100 million in the next two years.
Samsung Group launches microcredit bank
The bank handles $257.12 million in funds and is geared to expand with five branches.
RHB Bank keen on new Indonesian arm, Mestika
Acquisition of Bank Mestika provides access to the bank's most important overseas market.
StanChart Malaysia continues cost-efficient improvements
Addition of Global Payments Solutions breaks barriers in cross-border transactions with 80 percent savings in transaction costs.
Taiwan Banks to go slow on China
Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.
Bank Indonesia to regulate lending among banks
The country's central bank wants to discourage stockpiling of high-interest notes by enforcing standard repurchasing agreement.
Siam City Bank eyes for better NPL deal
SCIB decides to suspend shedding off $271.7 million of non-performing loans due to low bids.
Maybank disinterested in Siam City Bank stake
Maybank emphasized in an official statement that it will not make any bid for a stake in Siam City Bank.
HSBC to close Royal Bank of Scotland deal
Regulators' nods are the only impediment to HSBC's buying of RBS Asia units.
Affin confident loans will increase by 10%
Sustained rise in demand for loans spurs optimism on reaching targeted 8 to 10 percent increase.
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