OCBC and CIMB are interested, whilst Maybank is exploring a potential bid, according to sources. Bank Pan Indonesia (Panin ...

The controlling stake is currently held by Australia’s ANZ and the founding Gunawan family of Indonesia. Reuters reports the ...

Japan's wholesale prices increased 3.7% in November from a year earlier, data showed on Wednesday, accelerating slightly from ...

South-East Asia’s second and fifth-largest banks Oversea-Chinese Banking Corp and CIMB Group Holdings Bhd are vying for a ...

Southeast Asia's second- and fifth-largest banks Oversea-Chinese Banking Corp. (OCBC) and CIMB are vying for a controlling stake in Bank Pan Indonesia (Panin Bank), three people with knowledge of the ...

OCBC and CIMB submitted non-binding offers for stakes owned by ANZ and the Gunawan family, the bank's founders.

Panin Bank is now controlled by the Gunawan family and ANZ, with their combined stakes worth some US$2.4 billion ...

Danish lender Nykredit has announced a DKr24bn ($3.5bn) all-cash offer to acquire its domestic rival Spar Nord Bank, the two companies said in a joint statement on Tuesday.

Seatrium was the biggest winner on the STI, up 1.5 per cent or three cents at $2.04. Mapletree Industrial Trust lost the most ...

Garment workers in South and South-East Asian countries are increasingly bearing the brunt of climate change in the form of ...

All of the companies have more cash on their balance sheets than their target common equity tier 1 ratios and have plans to ...

The lenders have submitted separate preliminary proposals to buy the Jakarta-listed bank. Read more at straitstimes.com.