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BANKING TECHNOLOGY |
20 hours 54 min ago
The story was revealed during the China ATMs 2012.
GRGBanking attended China ATMs 2012 to reveal story behind the launch of the first GRG ATM in Myanmar, Feb 14 to 15, Ritz-Carlton, Financial Street, Beijing, China. Read ››
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BRANCH BANKING |
21 Feb 12
Sumitomo Mitsui Banking Corporation, Japan’s second largest bank in asset size, has just opened a representative office in Phnom Penh. Read ››
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LENDING & CREDIT |
17 Feb 12
ICBC Bill Department has processed outright inter-bank discount of bills to a total of over RMB 100 billion or US$ 15.887 billion in 2011. Read ››
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RETAIL BANKING |
17 Feb 12
Bank Islam elicited encopuraging response in Sabah and Sarawak for its Al-Awfar Junior savings account for young customers. Read ››
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CUSTODY & CLEARING |
17 Feb 12
The FATF added Pakistan, Indonesia, and Thailand along with Ghana and Tanzania to its blacklist. Read ››
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ISLAMIC BANKING |
17 Feb 12
Bank Simpanan Nasional hopes to sustain the 10 percent growth last year for its Islamic banking product account savers. Read ››
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FOREIGN EXCHANGE |
16 Feb 12
Bank Negara Malaysia clarified that only licensed banks can buy and sell of foreign currency in Malaysia. Read ››
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RETAIL BANKING |
16 Feb 12
The lowly depositor has taken one small step towards getting more respect from Chinese banks. Read ››
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LENDING & CREDIT |
15 Feb 12
ICBC Leasing has provided equipment leasing service for 300+ SMEs with credit facility totaling over RMB 5 billion in 2011. Read ››
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RETAIL BANKING |
15 Feb 12
Moody's announced credit ratings for HCM City-based Sacombank.
It assigned ratings of B2 (not-prime) to Sacombank's long- and short-term foreign currency deposits and B1 (not-prime) to its long- and short-term local currency deposits. Read ››
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15 Feb 12
Net profit for FY11 was HK$4.36b.
Kim Eng noted:
FY11 net profit was HK$4.36b, up 3% yoy. Read ››
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FOREIGN EXCHANGE |
14 Feb 12
ICBC registered over US$158.7 billion or RMB 1 trillion in cross-border RMB business by end-2011. Read ››
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LENDING & CREDIT |
14 Feb 12
A senior offical of Australia's Reserve Bank attributed claims by the big four banks that funding costs are rising to the European crisis. Read ››
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LENDING & CREDIT |
13 Feb 12
ANZ Bank warned of more unilateral interest rate increases as funding markets remain fragile and could blow out again. Read ››
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RETAIL BANKING |
12 Feb 12
Standard & Poor’s assigned its ‘B+’ long-term and ‘B’ short-term counterparty credit ratings to Sacombank. Read ››
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BRANCH BANKING |
12 Feb 12
DBS Bank opened a POSB bank branch as an experiment of sorts in bringing down the cost of banking and shorten service times. Read ››
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RETAIL BANKING |
12 Feb 12
Bank of Baroda plans to expand its African business with ten new branches in the next four to five months. Read ››
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LENDING & CREDIT |
11 Feb 12
After ANZ and Westpac's increased interest rates independently of the Reserve Bank, analysts are expecting Commonwealth Bank and NAB to follow suit. Read ››
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LENDING & CREDIT |
11 Feb 12
ANZ and Westpac increased interest rates for mortgages and small business by six and ten basis points. Read ››
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TRADE FINANCE |
09 Feb 12
ANZ Banking Group has developed a new strategy to boost investment and trade cooperation between foreign companies and their Vietnamese counterparts. Read ››
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TRADE FINANCE |
09 Feb 12
Dai-ichi Vietnam can now sell its life insurance products through the Sacombank's network. Read ››
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09 Feb 12
The first bank in Singapore to have a branch presence in a community club, POSB will set foot within Zhenghua. Read ››
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FOREIGN EXCHANGE |
08 Feb 12
Malaysia and China renewed its 3 year currency swap agreement and increased its size to RM90 billion/RMB180 billion. Read ››
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CARDS & PAYMENTS |
08 Feb 12
Maybank Singapore became the first bank to include an option for companies to feature their company logo and name on a business credit card. Read ››
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LENDING & CREDIT |
08 Feb 12
Household loans in South Korea went down to US$405 million in January from US$2.49 billion December due to sluggish housing market. Read ››
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LENDING & CREDIT |
07 Feb 12
South Korean banks' corporate lending rose sharply in January from the previous month, with a particular growth in lending to big corporations. Read ››
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MARKETS |
07 Feb 12
Moody’s identified banks in Australia, New Zealand, South Korea and Vietnam as among the “most exposed” in the Asia-Pacific region to Europe debt crisis. Read ››
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BANKING TECHNOLOGY |
07 Feb 12
The Multi-Function Cash Recycler H68NL works with Palm Vein Biometric Solution and Video Analyzer Tool. Read ››
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RETAIL BANKING |
06 Feb 12
The Land Bank of the Philippines posted a record high net income of P9 billion or US$211 million in 2011
The figure is 11 percent higher compared to its 2010 net income of P8.1 billion. Read ››
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LENDING & CREDIT |
04 Feb 12
The Reserve Bank of India ordered all commercial banks to refrain from overvaluing houses while providing loans. Read ››
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LENDING & CREDIT |
04 Feb 12
The government of Pakistan will pick up 50 percent of the outstanding loans including mark-up of rice millers/traders. Read ››
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LENDING & CREDIT |
03 Feb 12
Indian banks should be able to absorb loan-losses stemming from the cancellation of second-generation mobile licenses without materially impairing credit quality. Read ››
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RETAIL BANKING |
03 Feb 12
Andhra Bank witnessed a decline of 8.45 per cent in its net profit at US$61.7 million for the third quarter ended December 31, 2011. Read ››
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RETAIL BANKING |
03 Feb 12
Corporation Bank posted a marginal 5.2 per cent increase in its net profit at US$81.9 million for the third quarter ended December. Read ››
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FOREIGN EXCHANGE |
01 Feb 12
China plans to make Shanghai a global center for innovation, transaction, pricing and clearing of RMB-denominated financial products by 2015. Read ››
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MARKETS |
01 Feb 12
Bank Sinarmas hopes to expand operations by offering rights issue of shares in the second quarterand by tapping foreign in vestments. Read ››
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LENDING & CREDIT |
31 Jan 12
China's state-owned Export-Import Bank will will provide a $41 million loan for the bridge and port in the Bahamas. Read ››
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MARKETS |
31 Jan 12
Public Bank Bhd are up by two sen to RM13.54 after posting profits last year that satsfied market expectations. Read ››
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RETAIL BANKING |
29 Jan 12
Thailand's commerce minister Kittiratt Na-Ranong urged Australian banks to buy stakes in, or enter local partnerships with, established banks in the country. Read ››
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LENDING & CREDIT |
29 Jan 12
Vietinbank signed a US$100 million loan for the Nhan Co Alumina mining project in the central highland province of Dak Nong. Read ››
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