All articles by Verdict Staff
Verdict Staff
Maybank Cambodia unveils new premier wealth service for affluent customers
Maybank Cambodia has unveiled a new premier wealth service that provides personalized and comprehensive financial solutions for affluent customers in the country.
Bank Mandiri plans to open hundreds of new branches next year: report
Indonesia-based Bank Mandiri is reportedly planning to open hundreds of new branches and cash outlets across the country as part of its strategy to boost revenues from micro business sector.
Al Hilal Islamic Bank rolls out new savings account
Abu Dhabi-based Al Hilal Islamic Bank has rolled out a new Al Namaa Islamic Savings Account that allows depositors to earn returns on their investments.
Sumitomo Mitsui to buy 2.77% stake in Reliance Capital
Japans Sumitomo Mitsui Trust Bank has signed an agreement to acquire a 2.77% stake in Anil Ambanis Indian financial services arm Reliance Capital for $58.3m.
PKO Bank Polski gears up for global expansion: report
Poland’s PKO Bank Polski is reportedly planning to open new branches in Germany, France, the UK and Czech Republic during the next two years to expand its presence internationally.
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State Bank of Mysore to open 100 new branches across South India
Public sector lender State Bank of Mysore (SBM) is planning to expand its presence in south India by opening around 90-100 branches by December next year.
Sumitomo Mitsui Banking to acquire Citigroup Japan retail division
Japans Sumitomo Mitsui Banking Corporation (SMBC) has agreed to acquire the Japanese retail banking arm of Citigroup in October 2015.
Philippines BDO Unibank acquires One Network Bank
Philippines BDO Unibank (BDO) has inked an agreement to buy One Network Bank (ONB), a Philippines-based rural bank.
Banco Santander formalizes interest in acquiring Portugals Novo Banco
Spains Banco Santander has formalized its interest in buying Portugals Novo Banco, which was formed to rescue the assets of the troubled Banco Espirito Santo.
BBVA offloads stake in Citic International; gets $1.05bn
Spanish lender BBVA has signed an agreement to sell its 29.7% stake in Hong Kong-based Citic International Financial Holdings (CIFH) to boost its balance sheet.