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September 12, 2005

Daily Tid-Bits

* Maybank eager for expansion in Thailand, Indonesia, Vietnam, and Pakistan. Also, changing articles of association for share buyback.
* New Vietnamese banking roadmap announced, aims to privatize state banks and liberalize interest rate formula.
* Fox-Pitt looks for value in Aussie life insurers; finds none.
* HBOS unit BankWest plans to continue aggressive growth: "We have got a strong parent. It's got the technology, the strategies and unlimited capital."
* Minsheng proposes to offer 1.55-for-10 bonus share deal on share reform.

Posted by The Banker at September 12, 2005 02:53 PM

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