Retail Banking

Weak deposit growth hammers China’s banks

Loans exceed deposits at a faster pace.

Top 3 Chinese banks report double digit earnings growth

Growth rate will keep slowing as margins ease, however.

Only foreign banks doing retail banking will convert to PTs

New banking bill could also exempt foreign banks involved in wholesale business from this.

Yudhoyono calls for quick end to Bank Danamon takeover

Move suggests possible political intervention in the high-profile takeover.

Merger could follow Bank Danamon takeover

Bank Danamon to merge with Bank DBS Indonesia if deal pushes through.