News

Transaction complexity is holding back the growth of Internet banking in Indonesia.

RHB Capital Bhd has signed a deal to acquire OSK Investment Bank Bhd for RM1.977 billion or US$625.9 million in cash and stocks.

Maybank Investment Bank Berhad (MIB) has obtained an investment banking licence from Hong Kong.

China’s banking sector is lending less and less because of the spreading economic slowdown.

Shares of Ta Chong Bank plunged after potential buyers of the bank had walked away from a possible acquisition.

Government and banking sector moves to reduce household debt begin to pay off

The Philippines’ EastWest Banking Corporation posts industry leading numbers for the first quarter.

The main office of Hana Capital in southern Seoul have been raided by prosecutors for its role in the Mirae Savings Bank scandal.

A rise in fresh loan delinquency numbers brought the bad loan ratio up in April for banks in South Korea.

Margin income and profit sharing pushed Bank Syariah Mandiri's first quarter net profit up by 42.87 percent from last year to Rp192.72 billion or US$20.6 million.

Bank Permata is hoping to beef up its capital by up to US$75.6 million or Rp 700 billion from the first issuance of subordinated bonds.

China's banks reported a reduction in bad loans fall and the maintenance of capital strength in the first three months of 2012.

Fitch says Singapore banks can fully absorb asset-quality shocks through their earnings alone, thereby leaving a limited impairment risk on capital.

India’s largest bank records an incredibly huge jump in profits after generous government support.

A Chinese professor at Yale University believes the acquisition of control over Bank of East Asia by the Industrial and Commercial Bank of China and its financial partners will be the first of many by Chinese banks.

Commercial Bank of Ceylon's Islamic banking unit has opened a dedicated service point for 'Sharia Compliant Banking' at its Akkaraipattu branch.