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Hang Seng lead-arranges US$50mln loan facility

The US$50 million equivalent multi-currency transferable term loan facility included the first-ever renminbi syndicated loan facility in Hong Kong.

Hang Seng lead-arranges US$50mln loan facility

The US$50 million equivalent multi-currency transferable term loan facility included the first-ever renminbi syndicated loan facility in Hong Kong.

Bank of Beijing and Taiwan Business Bank ink MOU

The TBB encourages its major clients in China to apply for $14.06mln loans from the BOB.

China Pacific targets selling Pacific Antai Life stake for $142mln

Chinese insurers cannot bid while foreign companies can bid for no more than a 20% stake.

Chinatrust Financial to raise US$1.97bln via rights issue

The company mulls selling 3.35bln common shares to increase its working capital and strengthen its financial structure.

Maybank holds simultaneous global CSR day project

Through the Group employee volunteerism programme, thousands of Maybank employees joined together for the first time in a global CSR initiative.

Dah Sing Financial targets raising HK$2.2bln via rights issue

The company and its banking unit to use proceeds to strengthen their core capital and sustain business growth.

HSBC’s new device further enhances internet banking security

HSBC’s new security device carries an innovative transaction-signing function that provides enhanced protection for existing online services. It was launched specifically for Hong Kong customers.

Allied Bank launches more branches

Allied Bank launched three renovated branches in Karachi - Finance & Trade Center branch, Khayaban-e-Ittehad branch and Merewether Tower branch.

Bank Danamon to issue $224mln bonds

Proceeds will be used for SME lending as conducive business condition fuelled the lender’s 25% growth in September.

New image launched for ABC’s new e-banking era

Agricultural Bank of China Limited unveiled its shining "Golden Online" logo to launch its brand image. The launching of new image of ABC's e-Banking brand and its sub-brands marked the establishment of a complete and clear Golden Online brand series and further consolidated the market position of Golden Online as the most competitive and advanced brand in the sector. It will definitely initiate a new development mode for the marketing of e-Banking brands and lead the e-Banking into a new era of brand competition instead of service competition. For these years, ABC has always adhered to the market-led and customer-oriented philosophy and blazed new trials in a pioneering spirit to rapidly develop its e-Banking business. ABC's first self-service equipment was put into operation in Guangdong Branch in 1987 and its online banking business was formally launched in 2002. By now, ABC's e-Banking business has formed five transaction channels including online banking, telephone banking, mobile banking, television banking and self-service banking, and three service platforms including customer service center, portal site and SMS service, with over 120 million customers, and the channels accounted for 57.78%. Meanwhile, ABC has always been leading in the financial innovation by launching various financial services and actively researching financial products for tri-networks integration. ABC's e-Banking business has come into a new historical point after these years' development.

Vietnam grants license to Bank of Communications

Opening a branch in Ho Chi Minh City is part of its move to expand its 10 overseas branches.

State Bank of India to issue $226mln bonds

15 year upper Tier II can be sold 9% and 10-year lower Tier II 8.75%.

ICICI Bank inaugurates Singapore branch

Lender seeks to upgrade profile under the “qualified full banking” privileges from Monetary Authority of Singapore.

JPMorgan mulls to beef up Asian private banking

Lender plans to step up non-US business from Asia to 50% from current 20%.

ANZ inaugurates Chengdu unit

Lender aggressive in China expansion as it seeks for $5bln purchase of KEB's 57% stake.

CIMB Bank Singapore opens new Orchard Branch

Lender's deposit base up 222%, home loans surpassed S$1bln, 61,500 credit cards issued in first year.

China Merchants’ application for Taiwan expansion postponed

Lender's less than 2 year branch in New York prompted Taiwan regulator to delay approval.