Trade Finance

PNB awaits India regulator’s approval on Metlife deal
25 Jan 12
The lender invokes right to secrecy on its details and strategy on the deal.
Kotak Mahindra Bank's Q3 net profit up 47%
23 Jan 12
Kotak Mahindra Bank posted a 46.96% increase in net profit with Rs 276 crore for the quarter ended December 31, 2011.
Indonesia bolsters safeguards vs money laundering
23 Jan 12
Indonesia has required dealers of vehicles, real estate, and precious metals to report single day transactions totalling 500 million rupiah and...
Financial constraints to hurt trade finance in 2012
19 Jan 12
The good news is, in Asia the outlook is not as gloomy as in the Euro area.
CBA keen on issuing $30bn covered bonds
18 Jan 12
Study says Australian banks have the capacity to borrow up to A$130 billion in covered bonds over the coming years.
International trade finance to boom in Asia in 5 years
18 Jan 12
Banks will have to intensify their transaction banking platforms as Asian businesses do more cross-border trade, says HSBC's Noel Quinn....
IDBI to raise $200M through bonds, ADB loan
16 Jan 12
IDBI Bank Ltd. plans to raise $200 million by selling bonds and is seeking partially guaranteed ADB loan.
Asian banks brace for a tenfold surge in regional trade flows
11 Jan 12
HSBC's Noel Quinn says lacklustre trade between Asia and partners in Europe and US may cause capital flows in Asia to increase ten fold -...
Vietnam's first merged bank officially inaugurated
6 Jan 12
Saigon Commercial Bank, the first merged bank to be formed under the State Bank of Vietnam’s plan to restructure the banking system,...
IMF to test Japanese banks' vulnerability to govt bonds
6 Jan 12
The IMF is conducting is gauging the vulnerability of Japanese banks to a potential drop in the value of their huge holdings of Japanese...
HSBC Vietnam launches bancassurance products
2 Jan 12
HSBC Vietnam two new insurance products as part of its partnership with Bao Viet to provide policyholders with a range of flexible plans to...
Vietnam lender BIDV raises $75 mln at IPO
2 Jan 12
Vietnam's BIDV raised nearly 1.58 trillion dong or $75 million) from the country's largest initial public offering in 2011.
Withstanding the regulatory wave of change
2 Jan 12
Everyone working within financial services agrees that the number and frequency of new regulations is increasing dramatically, resulting in a...
BIDV to make IPO on Dec. 28
3 Dec 11
BIDV will officially make its initial public offering on December 28, 2011.
DaiABank to to pay 7% dividend on Dec. 9
28 Nov 11
Dai A Bank announced to close the shareholders list for paying first round dividend on December 9, 2011.
ABC focuses on boosting international trade finance
27 Nov 11
The volume of international trade finance transactions conducted by ABC amounted to USD72.4 billion, representing a year-on-year increase of 94...
Vietinbank bond sale wins regulatory approval
25 Nov 11
VietinBank's planned $500 million international bond sale has been approved by Vietnam's central bank.
China's reserve ratios for cooperative banks to go down
24 Nov 11
China’s central bank said the requirement for reserve ratio of 16.5 percent for more than 20 rural cooperative banks will expire this...
Vietnam’s Maritime Bank to raise chartered capital via bonus shares
18 Nov 11
Maritime Bank-MSB has submitted an application  to the State Securities Commission of Vietnam to be given the authority to to issue 100...
ACB raises gold deposit interest rate to 2.5%
18 Nov 11
ACB raised its gold deposit interest rate to 2.5% per annum through their “gold day with ACB” program.
Bank Rakyat eyes more acquisitions
18 Nov 11
Bank Rakyat Indonesia's local expansion plans include buying into a local brokerage company or acquiring a bank.
Chinatrust takes over Metlife Taiwan Insurance
17 Nov 11
All existing employees of MetLife Taiwan will be retained and CFHC will maintain employee's salary and welfare policies for the next two...
Korea's regulator to decide on Lone Star's stake sale this week
16 Nov 11
South Korea's Financial Services Commission will decide this week whether to order Lone Star Funds to lower its 51.02 percent stake in KEB...
Woori Bank to sue Citi, BoA, RBS over losses
16 Nov 11
Woori Bank plans to sue 3 foreign banks in a New York federal court due to improper sale of risky derivatives that caused it to incur heavy...
CCB says Bank of America deal won't affect development
15 Nov 11
A China Construction Bank spokesman said that Bank of America's decision to sell most of its CCB shares will not affect CCB's...
VIB launches foreign direct investing service
14 Nov 11
VIB became one of the first commercial joint stock banks to offer packaged banking products and services for the Financial Supervisory Service...
Tinnghiabank's gold deposit interest rates now over 3%
11 Nov 11
TinNghiaBank increased its interest ratesfor gold certificates to 3.1%,  and up 0.4% from the bank’s previous level.
The power of analytics on the financial industry
9 Nov 11
The impact the global financial crisis had on financial services has been well documented; however one of the most interesting insights it...
India, Myanmar must conclude banking cooperation to boost trade: CII
7 Nov 11
India and Myanmar should conclude an agreement on cooperation in banking and financial services to boost flow of two-way investment and trade....
Bank Rakyat favored by 3 brokerages
7 Nov 11
Three brokerages nominated Bank Rakyat Indonesia as their top pick for banking stocks due to strong profitability from its key businesses.
Korea's Eximbank raises US$612 M through sale of Uridashi bonds
7 Nov 11
The Export-Import Bank of Korea raised US$612 million by selling "Uridashi" bonds in Japan.
BNP Paribas dealing to buy out Indian broking partner
6 Nov 11
BNP Paribas is negotiating to but out its Indian partner Geojit Financial Services in an institutional broking joint venture.
Commerce chamber in India wants stock brokers to run banks
5 Nov 11
The Associated Chambers of Commerce and Industry insists that stock broking firms should be permitted to operate banks.
Korean banks end financing for entrepot trade with Iran
5 Nov 11
South Korean trading firms have been barred from engaging in entrepot trade related to Iranian firms as local state-run banks suspended trade...
Korean banks to be required park cash reserves for bank bonds
5 Nov 11
Korean banks will be required to put aside cash reserves for won-denominated bonds that come due in less than two years.
CIMB's new product allows clients to trade shares online
1 Nov 11
CIMB Bank launched its CIMB Trader Deposit Account, a combination of savings deposit with a securitised direct share trading account that allows...
OCBC and Lion Global ink deal to launch new unit trust
30 Oct 11
The trust intends to provide positive returns and has an investment time frame of five years.
CIMB Offers Online Will Writing
24 Oct 11
CIMB Bank Bhd and CIMB Islamic Bank Bhd recently launched "Wills Online", making it the first bank in the country to offer...
Korean banks burdened by malpractices
24 Oct 11
The banking sector suffered the most among financial firms on account of irregularities caused by employees, reports...
List of banks to handle Oilbak's IPO narrowed down
15 Oct 11
Hyundai Oilbank, South Korea's smallest crude oil refiner, has narrowed down a group of banks to handle its up to $2 billion IPO planned for...

Sign Up For Newsletter

 

Follow Us