Malaysia has issued commercial banking licences to five foreign banks, including French giant BNP Paribas, the country's central bank announced Thursday.
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Malaysia issues licences to five foreign banks
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Turkey has begun to open the doors to giving new banking licenses
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Country comes before the franchisees:
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Silicon Valley Bank to apply for UK licence
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BNP Paribas forms wealth management partnership
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HSBC launches renminbi products and services in Australia
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Malaysia to merge main, second boards of stock market
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Swiss banks to levy tax on foreign clients
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Taiwanese banks can start yuan transactions
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Northern Bank to close five branches
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Namibia to allow foreign banks to open branches
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Capital flows of $200bn will be invested over next five years
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CIT Group applies to become bank holding company
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Greece invested 5.5 billion euro in Romania and Bulgaria
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Government to facilitate overseas business community:
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Greek banks may transfer funds to Balkan subsidiaries
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Unipol aims to have maximum of 500-550 bank branches