Wholesale Banking

Bank Mandiri to sell stake in small Bali bank

Bank Mandiri will sell part of its stake in Bank Sinar.

Bank Mandiri to sell stake in small Bali bank

Bank Mandiri will sell part of its stake in Bank Sinar.

Top Vietnam banks eye merger in 5 years

Vietnam's Eximbank and Sacombank will sign a cooperation agreement to merge in the next 3-5 years.

Bank DKI to get $47-M capital infusion

Bank DKI will receive a Rp 450 billion ($47 million) capital injection from the city of Jakarta.

HKMA to consult banks about phases-in LCR

Wants banks not to weaken liquidity to comply with Basel III.

DRB-Hicom to dilute Bank Muamalat stake in 6 months

DRB-Hicom Bhd is hoping to partially divest its 30 percent stake in Bank Muamalat in six months.

Mandiri gets majority stake in new Indonesian lender

A new lender will be created by two Indonesian companies this year.

Indian banks seek relief from liquidity squeeze

Look to the Reserve Bank of India to conduct OMOs.

Siam Commercial Bank takes bigger role as financial adviser

Siam Commercial Bank has gradually reduced its role as a lender for wholesale customers.

Japan's Mitsubishi hopes to acquire Indonesian, Philippine banks

Japan's BTMU is looking to offset its stagnant domestic market by acquiring an Indonesian bank.

Foreign stakes to rise in ‘weak' Vietnamese banks

The State Bank of Viet Nam may increase the limit on foreign ownership in ‘weak' banks.

Vietinbank to sell 20% stake to Japanese bank

Vietinbank will selll a 20 percent stake to the Bank of Tokyo Mitsubishi UFJ for US$743 million.

Bangkok Bank sets sights on China

Bangkok Bank will continue to explore opportunities in China as the country's economy recovers.

Philippines' Union Bank to buy savings bank

About P5.7 billion shares in City Savings Bank has been transferred to Union Bank of the Philippines.

China's ICBC expands in Korea

ICBC is expanding to cater to the growing business transactions between Korea and China.

Thai lenders strengthen Southeast Asian presence

Thailand's major banks have further expanded their networks in the region, especially in Myanmar.

Maryono is new BTN President

Maryono will replace Iqbal Latanro as Bank Tabungan Negara president director for the period of 2012-2017.

Banks lead Indonesian industries in 2012 net income

There were 141 state-controlled firms in Indonesia that booked a combined 11 percent rise in net income this year.