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Vietnam's ACB divests 2 other banks of $216-M investments
Vietnam's ACB divests 2 other banks of $216-M investments
Bank investments withrawn by another bank.
Philippines' BDO, Korean Dev't Bank cooperate in project financing
Philippines and in East Asia.
GRGBanking links with Myanmar's Co-operative Bank for international payments
MasterCard, Maestro and Cirrus cards are accepted.
Maybank Philippines launches credit card
2.2 million and growing cardholder base.
MasterCard is first int'l electronic payment card in Myanmar
Travelers can now withdraw at ATMs.
BOC given 3.1-B yuan credit quota
Program's total value is 50 billion yuan.
National Australia Bank pays $88-M in class action settlement
A purely commercial decision made.
Bank Negara Indonesia to facilitate $433-M syndicated loan
Rp 4.17 trillion worth of syndicated loans.
Cathay Financial's income down 18%
Down 18.34 percent from previous month.
Malaysia's loan growth spurred by credit info sharing
Loan growth and improved asset quality.
Merger rumours between Sacombank, Eximbank getting louder
Increased share activity and chairman's departure.
Vietnam's biggest card unions to merge
Better card services in Vietnam.
HDFC Bank opens in another remote area
The first in Kargil district.
HSBC still committed to India after money laundering allegations
A cautious reaction.
Shriram City Union Finance being readied for bank entry
Shriram Group to enter banking business.
Wing Hang Bank to reward customers with up to HK$1,000
That is for new customers who register to the bank's auto-payroll service.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part