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They are set to sign a cooperation agreement that will enable the industry-wide adoption of the Bank Payment Obligation, which offers an alternative means of settlement in international trade.

Bank Persatuan Malaysia Bhd will open its 14th branch in Melaka soon in an effort to expand its operations nationwide, reports Bernama.

VietABank is issuing short-term certificate of deposits in gold with a total of 80,000 taels up to November 3, 2010.

BIDV chairman Tran Bac Ha revealed that his bank is preparing for an initial public offering in the fourth quarter of this year.

Mandiri Manajemen Investasi’s ties up with AFM Investment Partners to open Indonesia's stock market and bond market to Australians.

Higher lending and fee-based income growth attributed to earnings rise.

Vietcombank will cooperate with VNDirect Securities Joint Stock Co for expanding the payment services via VCB-iB@nking channel. This allows customers to deposit money in the bank accounts and trade stocks in their depository accounts at VNDirect at the same time.

Singapore’s United Overseas Bank has increased its stake in Vietnam’s Southern Commercial Joint Stock Bank to around 19.99 percent, according to Reuters.

China Development Bank is seeking a US$400 million three-year term loan for working capital, according to Reuters.

Standard Chartered First Bank resumed operations of five of its 42 branches that were temporarily closed due to a labor strike over its salary system, reports Yonhap News.

The activities of Macquarie Private Wealth Asia will operate through the MBL Singapore Branch from September 8.

RHB Banking Group has withdrawn its application to Bank Negara for Renzo Viegas’ appointment as the managing director of RHB Bank Bhd.

Founder Securities will pay up to 1.5 billion yuanor $234 million for a stake in Shenjing Bank in northeastern China.

The lender seen to weather economic storms as it continues to maintain strong capital and liquidity ratios.

The new platform has multi-banking, multi-currency and multi-lingual capabilities.

Hong Leong Bank will see its net interest margin trend up in financial year 2012 with the full consolidation of EON Bank's higher yielding loans, says HwangDBS Vickers Research.