Retail Banking
Citi Hong Kong appoints Lawrence Lam as consumer banking manager
Citi Hong Kong appoints Lawrence Lam as consumer banking manager
He was previously retail banking head.
Hong Leong Bank profit surged 33.3% to $156.25m in Q4
Lower provisions and strong cost management boosted earnings.
RHB Bank profit up 16% to $281.83m in H1
Half-year earnings were boosted by net fund based and non-fund based income.
ICBC half-year profit up 4.9% to $23.47b
This represents the fastest earnings growth in four years.
Maybank profit up 18.1% to $474.97m in Q2
Lower impairments and expenses boosted quarterly earnings.
Citi Hong Kong unveils senior appointments to consumer banking unit
The heads of insurance as well cards and unsecured business have been appointed.
India starts moving to merge debt-ridden state banks
The government has asked the central bank to prepare a list of merger candidates.
UOB moves to boost SMEs' online sales management
The bank aims to enhance processes like inventory storage and management.
Kasikornbank ties up with state postal service agency to tap the rural unbanked
Customers will soon be able to deposit cash at post offices.
Chinese big banks beat bad loan cloud as half-year profits rise
Agricultural Bank posted the largest earnings growth so far.
Google ties up with Indian banks to launch digital loan solutions
It aims to offer instant pre-approved loans to its app users.
Former HSBC Philippines CEO Jose Arnulfo Veloso to be appointed as PNB chief
He will replace Reynaldo Maclang who’s retiring by November.
Chinese banks' asset pool hits $37t in July
Asset growth picked up at a faster pace on an MoM basis.
South Korea's big banks poised to hit year-end offshore profit record
This would mark the first time the KRW1t ($897.5m) mark has been breached.
China Construction Bank sells 27 rural lenders to BOC
The village banks failed to generate significant contribution to their parent bank's bottomline.
Philippine big banks half-year profits up 7.7% to $1.45b
The combined assets of the banking sector also hit $301.58b.
RHB Bank to roll out digital loan application platform
It has tapped on fintech iMoney and credit information bureau RAMCI.
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