Indonesia
BNI combines insurance with investment products
BNI is expecting to earn more from its bancassurance business with new deals from several insurance companies.
BNI combines insurance with investment products
BNI is expecting to earn more from its bancassurance business with new deals from several insurance companies.
Maybank looking to bid for Philippine Islamic bank
Maybank may bid for Al Amanah Islamic Bank of the Philippines, who is looking to sell a 49% to 100% stake.
RHB Capital expects to begin Indonesia banking this year
A Malaysian financial group remains undeterred by Indonesian moves to cap foreign ownership in its banks.
StanChart, Garuda ink deal to boost expansion
Standard Chartered Bank will collaborate with Garuda to enhance the latter's Garuda Frequent Flyer customer loyalty program.
Panin Group sees no Bank Panin sale this year
Panin Group does not expect to sell its controlling 46 per cent stake in Bank Pan Indonesia this year due anticipated strong growth.
Panin Bank hopes to boost capital by $272.9M
Panin Bank hopes to raise as much as US$272.9 million from the financial markets to strengthen its capitalization.
BNI’s Q1 performance ‘on track’
BNI collected up to Rp 1.8 trillion or US$198 million in new mortgages in the first three months of 2012.
Indonesian credit-card holders reach 14.5 million
Credit cards issued in Indonesia increased to 14.58 million in February from 13.8 million over the corresponding period last year.
Mutiara expects improved value as part of BCA's ATM network
Bank Mutiara is expecting its value to increase by joining the ATM network of BCA.
Indonesia to question DBS on Danamon transaction
The Indonesian central bank is set to discuss with the DBS Group about its plan to buy 99 percent of Bank Danamon shares.
Indonesia to hinder future foreign takeovers of local banks
Indonesian lawmakers resort to using legislative powers as they realize that blocking deals proves futile.
Indonesia's BCA to add up to 3,000 ATMs this year
BCA will add between 2,500 to 3,000 ATMs throughout the country this year, according to its executive director Jahja Setiatmadja.
DBS inks a deal with Fullerton to acquire Bank of Danamon's major stakeholder
DBS plans to acquire remaining less than 30% listed shares from minor shareholders through amandatory tender offer of IDR7,000 per share.
BNP Paribas' Remington eyes development in Indonesia despite scarce resources
"The key will be to develop the breadth of coverage and distribution of the variety of products we offer in Indonesia," says Miles Remington, BNP Paribas' new head of equities for Indonesia.
DBS mum on pursuing Bank Danamon shares
Investors have expressed interest in buying a stake in Bank Danamon from its controlling shareholder.
OCBC NISP eyes $163.5M through rights shares offering
OCBC NISP is looking to raise Rp 1.5 trillion or US$163.5 million to strengthen its capitalization and extend loans by offering rights shares.
Bangkok Bank assists international clients with Indonesian branch
Bangkok Bank opened its 26th foreign branch in Surabaya, Indonesia to help international business clients deal with international transactions and loans.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
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