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Vietnam's Agribank to be restructured
Vietnam's Agribank to be restructured
The State Bank of Vietnam, under the order of Vietnam Prime Minister, promptly directed related units to develop plans to restructureAgribank.
HSBC China's capital replenished by CNY2.8B
HSBC Bank China's capital 's parent company, the HSBC Limited, has replenished its capital with 2.8 billion yuan or US$442 million U.S. dollars.
Chinese banks to get liquidity boost
A fiscal funding will soon provide additional capital for China's cash-strapped banks.
Vietnam central bank notes 4 principles in restructuring the banking system
The State Bank of Vietnam announced four fundamental principles in restructuring the local banking system.
Malaysia to boost efforts to become Global Islamic Finance hub
Malaysia will continue its efforts to strengthen its position as an international Islamic financial centre and contribute towards the...
ICBC retains top spot in asset custody business in H1
ICBC registered RMB 3 trillion of assets under custody in the first half of 2011, ranking first among Chinese banks for 13th consecutive year.
Bank of China plans global expansion
Bank of China will continue to expand its overseas network despite becoming much more reliant on the domestic market in recent years. "By 2020, we...
ABC teams up with Taiwan Cooperative Bank
ABC and Taiwan Cooperative Bank will enter into comprehensive cooperation in corporate banking, investment banking, treasury operations, trade...
ABC, Cathay United Bank sign cooperation agreement
ABC has signed a memorandum of understanding with Cathay United Bank to enter into broad cooperation in several areas.
StanChart keen on expanding India’s M&A financing
The lender sees M&A financing as a huge area of growth despite being a highly competitive product.
Bank of Communications expands US services
China's Bank of Communications in the United States will include deposit-taking, lending and trade finance in its services.
Bank Rakyat takeover of Bank Agro nears
$44mln acquisition in final stages after administrative problems have delayed acquisition plan due last year.
CCB may complete $11.6bln rights issue in October
Rivals ICBC reported to conduct up to $6.63bln rights issue while BoC seeks approval from regulator.
State Bank of India raises $1bln notes sale
Bonds to be issued through SBI's London branch and would be listed on Singapore Exchange.
NAB hits rivals on neglecting business credit
Commonwealth retaliated with claim that NAB performed dismally and foregone opportunity when mortgage market boomed.
State Bank of India sells dollar-denominated bonds
$850mln of five-year bonds SBI sold in October dropped to lowest in at least a month.
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