Retail Banking
Moody's lowers Singaporean banks' hybrid securities ratings
Moody's lowers Singaporean banks' hybrid securities ratings
Moody's Investors Service downgraded its ratings on certain Singaporean banks' hybrid securities in line with its revised guidelines.
Maybank Q2 net profits up by 35%
Loans growth and higher non-interest income aided net profit boom to $289.52mln.
China Construction and Banco Santander JV talks ongoing
CCB would provide 60 percent for the venture while Banco Santander will fill in the rest.
Sumitomo Mitsui's Q3 net grows by $1.39bln
The bank raked in the highest profit in seven quarters and topped combined profits of Japan's megabanks.
BankIslami to conduct due diligence on EGIBL
State Bank of Pakistan has permitted BankIslami to conduct due diligence on Emirates Global Islamic Bank Limited.
China Bank opens first of 40 new branches
China Bank opened its Cebu-Mandaue Cabancalan Branch, its 248th nationwide and 15th in Cebu.
AmBank profits up by 12.6% on net loans growth
The AmBank group recorded a profit of US$224 million for nine months ending 31 March. The after tax and minority interest figure translates to a 12.6...
DBS interested in investing in Chinese bank
Possible investment in a mainland lender is part of DBS' aggressive expansion plan.
Indian banks complain of high valuations in Indonesia
Overvalued stake offers shun SBI and Union Bank of India from buying Indonesian banks.
Thanachart is top bidder for Siam City stake
A person familiar with the deal said Thanachart offered $984.3 million for the SCIB's 47.6 percent stake.
Bank of Communications to receive capital from government
A source said the threat of seizing control over lender prompted China’s Ministry of Finance move.
DBS inaugurates new headquarters building in Shanghai
Singapore's largest bank continues to grow its branch footprint in China with the inauguration of DBS Bank Tower located in Lujiazui.
HSBC, Thanachart among the remaining Siam City bidders
Lenders still eager to acquire 47.6 percent stake in Siam City after three other bidders quit.
Korea Exchange Bank's 2009 net grows by 13.9%
Lower loan-loss reserves and a one-off gain attributed to KEB's growth.
ANZ receives unibank license from Philippines' central bank
ANZ became the first foreign bank to be granted universal status by Bangko Sentral ng Pilipinas.
EON Capital turns down Hong Leong's bid
EON said Hong Leong's $1.4 billion offer undermined former's latest projected growth.
State Bank of India considers raising $4.3bln
SBI plans procuring funds through equity within 2 years to reach capital requirement target.
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