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Bank Mandiri official sued for loan manipulation
Head of Credit Operation Department Aris Pranata faces anticorruption charge with possible penalty of 20 years of imprisonment.
Bank Mandiri official sued for loan manipulation
Head of Credit Operation Department Aris Pranata faces anticorruption charge with possible penalty of 20 years of imprisonment.
Vietnam banks want latest technologies against ATM theft
Vietnam's commercial banks want the latest technologies for security solutions for ATM cards due to the rising number of cases of ATM demolition and money theft.
Ex-IBK president recommended to head KEB
Yun Yong-ro, ex-president of the Industrial Bank of Korea, has been recommended to head KEB, a Hana Financial spokesman said.
Mizuho to fund Vietnam coal projects
Mizuho Corporate Bank will provide financial services for Vinacomin's investment projects.
Korea's deposit insurer borrows money from banks
South Korea's state deposit insurer took out commercial bank emergency loans, according to a Yonhap News Agency report.
KBank warns against gangs demanding ATM money transfers
Kasikornbank is warning against gangs deceiving customers by claiming to be officials of the Revenue Department, courts, police, and financial institutions.
CP Group acquires $1.47B expansion loans from 8 Thai banks
The Charoen Pokphand Group will acquire financing totaling 1.47 billion from eight local banks to support its business expansion plans.
Sri Lanka's Union Bank creates IPO record
Union Bank's IPO for US$3.389 million of stock in Sri Lanka's Union Bank has drawn 225 subscriptions amounting to US$759 million.
Sindhu Bikas Bank deposits get insured
Sindhu Bikas Bank became the first development bank to sign the deposit insurance agreement with Deposit and Credit Guarantee Corporation for the insurance of savings and fixed deposits.
Duc Long inks credit contract with Vietinbank
Duc Long Gia Lai Group signed the credit contract for upgrading and expanding National Highway No 14 with Vietinbank. The project will be conducted under BOT method.
StanChart Vietnam joins Smartlink network
Standard Chartered Bank Vietnam became the first international bank to join the Smartlink card alliance network.
Yunus still Managing Director, claims Grameen Chairman
Grameen Bank Chairman Muzammel Huq said that founder of the bank Nobel laureate Prof Muhammad Yunus is still holding his post as managing director.
GPBank starts cooperation relationship with NSI
GPBank signed the contract for setting up comprehensive cooperation relationship with National Securities Incorporated.
CIMB 2010 profit up 24.5% to $1.16bil
The group expects new areas of strong growth from CIMB Thailand and CIMB Singapore as well as transaction banking.
Maritime Bank and Prudential continue bancassurance cooperation
Prudential Vietnam and Maritime Bank signed a cooperation agreement whereby the bank's staff will directly distribute the life insurance products. The staff will first undergo training by the insurer.
ABC takes majority stake in Jiahe Life
ABC will hold 51 per cent stake of Jiahe Life, becoming the controlling shareholder. Shares held by the former five shareholders of Jiahe Life accounted for 49 per cent of the total, with 9.8 per cent respectively.
Maybank eyes more media exposure in China
Maybank has entered into a strategic partnership with Xinhua News Agency.
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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.
Industry experts push for the rapid progress of unified customer data as a starting point.
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