Retail Banking
Maybank sells 9% stake in PT Bank Internasional Indonesia
Stake sold to an undisclosed third party investor.
It’s final: no deal for CIMB and San Miguel
Malaysia’s CIMB Group no longer interested in owning Bank of Commerce.
Why Korean banks will still suffer from asset quality pressure
Ugly months are looming.
Chinese banks threatened by rising liquidity risks
How badly will they be affected?
ANZ could fire 600 staff in Australia
Will outsource jobs to either the Philippines or New Zealand.
Top Indian banks selling bonds to offshore Chinese investors
ICICI Bank and IDBI Bank raising funds via this route.
SBI sees profit from bond sale
Will profit substantially from rupee plunge.
China predicted to launch deposit insurance system this year
Find out what the 4 major features could be.
Hong Kong residents investing more in RMB products
RMB assets to rise to 32% of their portfolios.
CIMB skills up Malaysian graduates with 6 partners
CIMB pioneers human capital development programme.
Only 10% of Asia's rich with median investable wealth of US$4.22m use a private bank
But 15% said they will do so in 2014.
China’s financial system remains healthy
Spanish bank expects non-performing loans to rise gradually, however.
BPI launches agriculture loan program
It has a US$441m agriculture portfolio.
BOC finally sold to CIMB for US$279m
58% of BOC is now CIMB-owned.
ICICI Bank launches “HiSave”
Pays market-leading rate to selected savers.
M&A binge predicted for Philippine banks
Will be led by mid-sized commercial banks.
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