Retail Banking
China's banks snubbing IMF, World Bank events in Japan
China's banks snubbing IMF, World Bank events in Japan
China did not hesitate to use its clout in the financial sector to voice out protests over the diplomatic row with Japan concerning the Senkaku...
Taiwan's Fubon aims to acquire 51% of China-based Sino Bank
Taiwan’s Fubon Financial is seeking a 51 percent stake in China-based First Sino Bank for RM2.09 billion within the year.
Indonesia's EximBank exceeds financing target with $2.6B
Indonesia EximBank has booked Rp 25 trillion or $2.6 billion in total financing the third quarter, exceeding its full year target of Rp 24.5 trillion...
Hong Kong banks on their own in Basel III
Hong Kong banks will have to turn to local fund-raising strategies to meet Basel III’s tougher liquidity requirements.
Analysts warn against foreign takeover of Vietnam banks
Foreign ownership cap in Vietnamese banks should be considered carefully to prevent a wholesale takeover, experts warn.
Thai commercial banks demand level playing field vs state banks
Thai Commercial banks after are questioning four state-owned banks' failure to pay the fee of 0.46 percent of deposits to the Financial Institutions...
Maybank launches World MasterCard, targets Asia's rich
The bank eyes a 10% increase in its total card base within the first two years of the card's launch.
Company bankruptcy petitions in Singapore back at GFC levels
Provisioning levels should rise to more normal levels in the coming quarters, says CIMB.
Yes Bank enters equity broking business
The retail equities broking license received by Yes Bank Ltd from India's central bank will intensify competition among banks for retail deposits.
Can Standard Chartered really 'chip away' at DBS' advantage?
Only time will tell if Standard Chartered manages to poach its rivals’ customers, says an analyst.
Wong appointed CEO of UOB Malaysia
Wong Kim Choong will take over as chief executive officer of United Overseas Bank Malaysia from Chan Kok Seong.
Indonesia's state banks could now give credit haircuts
A court ruling allows state-owned banks to restructure or sell their non-performing loans.
Malaysia's Public Bank targets 12% loan growth
Public Bank pegged its domestic loan growth for 2013 at 12 percent.
Malaysia's BSN to appoint 5,000 rural banking agents
Bank Simpanan Nasional will appoint 5,000 banking agents over the next three years to enhance banking convenience to rural residents.
PNB merger with Allied Bank approved by 2 bodies
Philippine National Bank's merger with Allied Banking Corporation has been approved by the Philippine Deposit Insurance Corp. and Bangko Sentral ng...
India's Kotak Mahindra expects 50% growth in saving bank deposits
Kotak Mahindra Bank expects 50 percent growth on savings bank deposits on the strength of offering high rates of interests.
Philippine National Bank's first half income up 144%
Philippine National Bank’s net profit grew by 144% to P1.77 billion in the first six months fromthe same period last year.
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