Retail Banking

Maybank to expand existing businesses

Maybank placed out 412 million new shares at a price of RM8.88 and hence raising a whopping RM3.6bil in the process.

Citi to launch Tablet Banking by 1Q13

This follows the success of Citi Mobile that surpassed 1m active users in September 2012.

Singapore banks' mortgage loan growth to slow in 2012

You can blame the meager 10% growth expectation on the new property cooling measures.

Vietnam to get rid of banking interest groups

The governor of Vietnam’s central bank revealed that there are groups or individuals manipulating local banks.

Tycoon arrested over Bangladesh's largest bank scam

A textile tycoon has been arrested over allegations of involvement in Bangladesh's largest banking scam ever.

DBS Board to meet in Taiwan for the first time

The meeting will bring together nearly 30 DBS board directors and top executives from key Asian markets.

HDFC hikes fees to boost online banking

HDFC Bank will double to US$1.90 the fee it charges on cash payments made to settle credit card bills starting November 1.

India to issue more banking licenses

The Indian government has reassured the banking sector that the Banking Regulations Act will be amended to include rules liberalizing the issuance of...

More agent banking services to be provided in Malaysia

More Mlaysian financial institutions are aggressively mapping out strategies to provide agent banking services.

Profit growth in China's top 10 banks slows to 16.9%

That is compared to the 34.2% profit growth in the first semester of 2011.

Chinese banks pull-out of IMF and SIBOS meetings in Japan

Blame it on the souring relations between Asia's two biggest economies.

Taiwan's Cosmos Bank to raise funds via private placements

Cosmos Bank will slash its capital and then raise fresh funds through private placements to replenish capital eroded by losses.

Bangkok Bank to fortify retail banking business

Bangkok Bank will build brand awareness by revamping its retail banking business.

HDFC, Indian Oil to provide rural banking services

HDFC Bank tied-up with Indian Oil Corporation to make modern banking services available in semi-urban and rural India that remain inaccessible by the...

Buenaventura heads DBP

Gil Buenaventura was sworn in as President and CEO of state-owned Development Bank of the Philippines this week.

Hana to pilot Korean-style private banking in Jilin

Hana Bank, the banking unit of South Korea's Hana Financial Group, will introduce South Korean-style private banking in China this month.