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Agribank,  Vietnam's largest state-owned bank, recorded a non-performing loans rate of 5.68% of its total outstanding loans as of June 30.

ICBC London opened the service of currency trading quotes and FX trading on behalf of the head office in Beijing.

Industrial and Commercial Bank of China and American Express are offering the CBC AE Platinum Credit Card, the first prestigious AE credit card product launched in Mainland China.

ICBC secured its leading market position by having 9,520,000 personal pension accounts under management, RMB 43.5 billion of pension fund under trust and RMB 174.3 billion of pension fund under custody by end of June.

Its overseas revenue also surged an amazing 591.9% to US$41.96m.

Agricultural Bank of China issued the Construction Plan on the 'Sannong' or farmers-agriculture-countryside credit policy system.

HSBC Holdings Plc (HSBA) and Barclays Bank Plc will advise Vietnam Joint Stock Commercial Bank for Industry & Trade on its planned $500 million overseas bond sale, said Deputy General Director Le Duc Tho. The banks will also jointly arrange the sale for VietinBank, as the country’s second-largest listed lender is known, Tho said in a text message from Hanoi today. It would be the second international offering of U.S. dollar bonds by a Vietnamese corporate borrower this year, after Vincom Joint-Stock Co. sold $40 million of 6 percent convertible notes in July, according to data compiled by Bloomberg. Any offering would test investor confidence in the country, which has struggled to damp Asia’s fastest inflation as its currency slid to the worst-performing in the region this year. “VietinBank has made a good choice of advisers,” said Alan Pham, chief economist at VinaCapital Investment Management Ltd. HSBC has a depth of expertise and wide distribution network globally that will help get the Hanoi-based bank a “good rate,” he said. VietinBank has sought approval from the country’s central bank to sell $500 million of bonds overseas later this year, Tho said last month. It would be the bank’s first sale of U.S. dollar-denominated notes, Bloomberg data show. Shares of the company dropped 2.2 percent to 26,400 dong at the 11 a.m. local-time close on the Ho Chi Minh City Stock Exchange today. The lender has advanced 15 percent this year, outpacing the 4.5 percent decline in the benchmark VN Index. Inflation accelerated to 23 percent last month, the highest rate among 17 Asian economies tracked by Bloomberg. Gross domestic product in Vietnam expanded 5.6 percent in the first six months of the year, lower than a revised 6.2 percent in the first half of 2010. (Bloomberg)  

Deposits in the Development Bank of Singapore Deposits also grew by 90%.

Moody's Corporation now has an ownership stake of about 16.7% of the Company.

Though the IDR issue fell below expectations, it worked out perfectly well for the bank.

‘Swift’ enables the lender to cut loan processing to 24 hours.

Aside from expanding, the bank continues to evolve by bringing in new technology products.

Vietinbank has been assigned by the State Bank of Vietnam to service hospital waste treatment support project funded by the World Bank.

VietinBank successfully offered over 168.5 million shares priced at 21,000 dong each for IFC, posting a net earning of over 3.538 trillion dong.

Bank Simpanan Nasional is eyeing 300,000 users to its Internet banking by end of 2011, with about RM6 million transactions to be done online.  

Bangkok Bank customers can now view images of cheques they have written through a new high-technology service enabling online banking.