News

Industrial peace make the lender rake in more profits amid fierce competition in the industry.

Bank Negara Malaysia opened up a wider door for Southeast Asian banks to add number of branches.

Hwang DBS Vickers Research said there is still room for Malaysian banks to consolidate after speculations that Alliance Financial’s major shareholders will sell their 29.1% stake surfaced.

South Korea's Financial Supervisory Services put the brakes on local financial groups' moves to dole out substantial amounts of dividends to their shareholders.

The direct impact of the new rules is on the KRW cross currency basis.

The lender to issue up to 2.2 shares for every 10 existing shares to comply with stricter capital requirement in China.

Maybank hopes to operate a bank in Thailand, said its president/CEO, Datuk Seri Abdul Wahid Omar.

With Thai government’s backing the lender will tap its regional network to bolster SMEs’ expansion.

The lender seeks to get funds from Reg S bond, allowing it to be offered to overseas investors.

South Korea's Financial Supervisory Service ordered SC First Bank Monday to ramp up its liquidity management to minimize the impact of a bank run sparked by a prolonged strike.

The lender seen to use its affiliate Hau Nan Bank to form a leasing firm to immediately engage in CNY-based businesses in the Mainland.

Infinia aimed to be issued to the by-invitation only to 5000 individuals that comes without spending limits.

Dong A Bank posted a pretax profit of VND676 billion in the first six months, covering 52% of their annual target.

The card’s debit purchase volume in the Philippines up 47% as it posed a 46% rise in e-commerce transactions in the Southeast and South Asia markets.

Despite its lock-up period will begin expiring in July, none of the bank's key investors in its Hong Kong shares have hinted of selling their stake,

Yet mergers of key players might be postponed due to the coming presidential elections.