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Malaysia to boost efforts to become Global Islamic Finance hub

Malaysia will continue its efforts to strengthen its position as an international Islamic financial centre and contribute towards the...

Malaysia to boost efforts to become Global Islamic Finance hub

Malaysia will continue its efforts to strengthen its position as an international Islamic financial centre and contribute towards the...

ICBC retains top spot in asset custody business in H1

ICBC registered RMB 3 trillion of assets under custody in the first half of 2011, ranking first among Chinese banks for 13th consecutive year.

Bank of China plans global expansion

Bank of China will continue to expand its overseas network despite becoming much more reliant on the domestic market in recent years. "By 2020, we...

ABC teams up with Taiwan Cooperative Bank

ABC and Taiwan Cooperative Bank will enter into comprehensive cooperation in corporate banking, investment banking, treasury operations, trade...

ABC, Cathay United Bank sign cooperation agreement

ABC has signed a memorandum of understanding with Cathay United Bank to enter into broad cooperation in several areas.

StanChart keen on expanding India’s M&A financing

The lender sees M&A financing as a huge area of growth despite being a highly competitive product.

Bank of Communications expands US services

China's Bank of Communications in the United States will include deposit-taking, lending and trade finance in its services.

Bank Rakyat takeover of Bank Agro nears

$44mln acquisition in final stages after administrative problems have delayed acquisition plan due last year.

CCB may complete $11.6bln rights issue in October

Rivals ICBC reported to conduct up to $6.63bln rights issue while BoC seeks approval from regulator.

State Bank of India raises $1bln notes sale

Bonds to be issued through SBI's London branch and would be listed on Singapore Exchange.

NAB hits rivals on neglecting business credit

Commonwealth retaliated with claim that NAB performed dismally and foregone opportunity when mortgage market boomed.

State Bank of India sells dollar-denominated bonds

$850mln of five-year bonds SBI sold in October dropped to lowest in at least a month.

HDFC Bank targets more than 20% loan surge

Improving business and consumer confidence in economy helped lender meet its Q1 forecast.

Woori expected to be privatized this month

Public Fund Oversight Committee seen to outline a strategy after postponement due to European debt crisis.

StanChart to begin AgriBank partnership in Hong Kong

StanChart's will offer advice to AgriBank on conducting business on its home market after investing $500mln.

MBK mulls bidding for 51% of KEB stake

Lone Star's sale could be delayed due to its inability to attract bidders behind global uncertainties.