Retail Banking

China to introduce deposit insurance system

Will lay the basis for interest rate liberalization in banking sector.

Maybank names Mohamed Rafique Merican officer-in-charge pending appointment of new CEO

Maybank announced that Encik Mohamed Rafique Merican Mohd Wahiduddin Merican has been appointed as Officer-in-Charge of the Bank effective 5 June...

India issues clarifications on new bank licenses

Norms seem to favor large corporations, however.

Taiwan identifies top state-owned banks

First Commercial Bank is ranked first.

New law allows 60% ownership in Philippine rural banks

President Benigno Simeon Aquino signs Republic Act 1057 into law.

Citi focuses on rich Filipinos

Says wealth management services becoming more popular.

New rules dampen demand for WMPs

These also threaten banks’ profits, however.

Moody's reaffirms OCBC Aa1 rating with a stable outlook

Rating reflects OCBC’s strong capital position.

CCB buys stake in 2nd biggest Russian bank

China Construction Bank among buyers of a 55% stake in VTB Bank.

AgBank VP fired for taking huge bribes

Yang Kun is highest-ranking bank executive to be investigated for corruption.

Forced sale of NPLs to AMC will push through

Vietnam will compel banks to sell bad debt to new Asset Management Company.