Retail Banking
SBI raises $226mln from retail bond sale
SBI raises $226mln from retail bond sale
Investors bid for 20 times the bonds offered in the sale as SBI earlier targeted $112.22mln.
Malaysian banks focus on mass affluent market
The lenders eye to tap on the underserved segment that accounts for 6% of population.
Bank Negara Indonesia plans launching $1.4bln rights issue
BNI plans a December rights issue after Indonesian government delayed Bank Mandiri's $1.5bln plans until 2011.
Korea to divest its 57% stake in Woori
But Woori's $10.56bln market cap and complex domestic laws seen as challenges to potential buyers.
Krung Thai Bank profit up 17.4% to $167mln
Government infrastructure projects helped boost the lender’s profitability, which is $23.43mln above forecast.
Temasek divests its entire $643mln Hana shares
Analysts say move shows shifting of Temasek’s focus to resources sector-analysts while crippling Hana.
Bank of China-Temasek JV to launch first branches
JV aims to hire 14,000 staff and open 400 branches as it compete with AgBank-StanChart JV.
Chinatrust' Jeffrey Jr. Koo faces 9-year sentence
Ex-vice chairman charged with insider trading and banking regulation breaching over the firm's planned acquisition of Mega Financial.
Bank of Taiwan to offer Renminbi settlement
Customers can save about 1% in the cost of yuan settlement services.
PBCom stake divestment unlikely
Seeks to sell of major stake as existing shareholders are not eager to contribute additional capital.
Regulator penalizes Kookmin for breaching board rules
The bank offended the rule regarding compensation of directors as it incurred travel expenses worth $29,700.
Metrobank plans to raise $231.23mln via rights offer
The lender aims to use proceeds to fuel CAR growth in anticipation of higher capital standards.
Central Huijin increases stake in major China banks
Central Huijin also said it will support rights issue plans of ICBC, BoC, and CCB.
Korea auditors to inspect Woori Financial on November
Inspection to focus on enforcement of MOU signed every two years between Woori and the KDIC.
Khazanah raises US$380mln from sale of CIMB stake
The fund divests 2% of its 147mln shares in CIMB.
Siam Commercial sees flat growth in bad loans
The lender attributes improved economy to help debtors repay.
OCBC Malaysia launches new payment system
Easi-GIRO gives solutions to help businesses manage their cashflow and records about 250,000 transactions per month.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Lorem Ipsum Three
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
