Retail Banking
Affin seeks central bank's nod for EON takeover
Affin seeks central bank's nod for EON takeover
Lender willing to offer $1.58bln worth of combined cash and shares.
China government approves banks’ fund raisings
Lenders given go signal to raise multibillion dollars to fill up huge capital shortfall.
Bank of Shanghai plans selling $175.66mln shares
Proceeds from the domestic IPO aimed to help fill up capital deficit of $5.12bln.
NAB to seek Axa Asia asset buyers
Lender in negotiation to dispose assets to win approval of Australia’s regulator.
KTB reveals measures to unburden customers
Krung Thai has determined remedies to soften the impact from the political unrest on clients. The bank will be extending the repayment period, use...
Krungsri Group issues alleviation measures
Bank of Ayudhya and its subsidiaries issued measures to alleviate the plights of customers suffering from the recent political crisis. It will be...
Political turmoil could impact Thai banks' profitability – Fitch
But rating agency said Thai banks' overall financial positions should remain relatively strong in 2010.
Hong Leong ups net income by 3.5%
The quarter ending in March 2010 shows an uptake in loan growth momentum for Hong Leong Bank. Loans growth rebounded to 8 percent year-on-year in...
ANZ plans to boost its Asian growth strategy
Lender mulls on spending US$4bln on 2 mega deals as it denied selling Bank Panin stakes.
Fitch: Japan's mega banks' profit growth uncertain
Lenders had anemic recovery despite large common stock issuance that boosted their core capitalisation.
Hatton records Rs.652.8 million post-tax profit
HNB's first quarter pre-tax profit increased to US$10.49 million from US$10.33 million in the same period last year. The Group's pre-tax profit for...
EON Cap’s board accepts Hong Leong acquisition bid
Bid serves "best interest" for EON Cap after mulling on recommendations of Credit Suisse, Goldman Sachs.
HSBC Malaysia profit up 20% to $67mln
Domestic demand in banking and sustained growth in regional markets prop up net profit increase.
CIMB Niaga enhances remittance service to migrant workers
Offers remittance, credit services to Indonesian workers as they sent $2.34bln to native country in 2009.
Hang Seng puts up new mainland headquarters
Hang Seng Bank China has agreed to purchase about 7,000 square metres of office and retail space in Shanghai's financial district for a total...
Thai banking keeps stable outlook amid violence
Moody's is maintaining its stable outlook on Thailand's banking system despite the recent escalation of violence in the country. This is based on the...
ICICI bank to take over Bank of Rajasthan
“Expensive” $668mln deal extends ICICI presence in India's northwestern desert state of Rajasthan.
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