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Korea's Hanwha Life to buy 40% stake in Lippo Group-backed Bank Nobu

The Lippo Group, through five affiliates, currently holds an over 75% stake in IDX-listed Bank Nobu. ....

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Hanwha Life enters Indonesian banking sector

Hanwha Life will acquire a 40 percent stake in Nobu Bank in Indonesia, under a plan to expand into Southeast Asia and leap as a global financial group. ....

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Appetite increasing for mega-deals in insurance

Foreign and domestic investors in Vietnam’s insurance sector are gaining momentum with new agreements, despite global volatility. ....

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