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GPBank passed the plan for this year's target of 35 trillion dong in total assets up 26 percent.

Sabah wants more foreign Islamic banks, especially from the Middle East, to invest in the state, said Chief Minister, Datuk Seri Musa Aman.

The offshore RMB market will strengthen the competitiveness and status of Hong Kong as an international financial center, according to  the Economic Review.

Maritime Bank will settle foreign currency transactions for Electricity of Viet Nam subsidiary, Northern Power Company, and arrange capital for the company's projects as well as projects undertaken by its member companies.

Vietnam International Bank expects its gross profit to jump 76 percent this year to nearly 1.85 trillion dong or $90 million.

A senior official at Indonesian branch of HSBC said on Thursday that Chinese currency Renminbi would be one of three primary currencies, besides US dollar and Euro, used in international trade by 2015.

Sri Lanka's Monetary Board will include the China's yuan among designated currencies permitted for international transactions through banks in Sri Lanka.

Citigroup Inc. took a stake in a Vietnamese brokerage firm, betting that once the economy's rampant inflation slows, foreign investors will flock back to the country.

Siam Commercial Bank has been appointed as the mandated lead arranger for a 4.01-billion-baht syndicated loan with Krung Thai Bank to Index living Mall.

SCB has received approval on its plan to acquire SICCO's business by making a tender offer to purchase all securities of SICCO and the latter's delisting from the Stock Exchange of Thailand.

Bangkok Bank and the Japan Bank for International Cooperation will help Japanese companies in Thailand with a new lending program called "Two Step Loan."

The Bangladesh Bank made it mandatory for banks which want to finance the SME and agricultural projects to set up solar power panels for providing electricity.

The lender joins rivals in capital raising to comply with governments stricter requirements.

Should the listing push through it will break a three-year IPO hiatus by the nation's city commercial banks, which operate under regional rather than national licenses.

The lender cleared to hold financing, syndicated lending, purchasing and holding securities, remittances and foreign-exchange trading services in the US city.

The fund, designed to provide a safe haven and act as a hedge against inflation, will be marketed starting August 11 at initial minimum investment of $329.76.