Retail Banking

PDIC backs foreign ownership of Philippine rural banks

PDIC backs foreign ownership of Philippine rural banks

The Philippine Deposit Insurance Corporation is supporting separate bills pending in the Philippine Congress that will permit foreign ownership of...

Japan's banking minister commits suicide

Tadahiro Matsushita, Minister of the Financial Services Agency, the banking industry regulator, committed suicide Monday.

JS Bank to buy HSBC's Pakistani business

HSBC had agreed to sell its operations in Pakistan to the Asian country’s JS Bank Limited for an undisclosed sum.

ChinaBank in 10-for-1 stock split

The Philippines’ China Banking Corporation last week cut the par value of its shares from P100 to P10 in a 10-for-1 stock split of its common shares...

Bangkok Bank gets 99-year license in Vietnam

Bangkok Bank has been granted a 99-year extension of its banking service license from Vietnam.

ING Vysya expects strong performance to continue

ING Vysya Bank's good asset quality will extends its good performance in the first quarter of FY13 through the rest of the fiscal.

What you need to know about Maybank's 2 new retirement plans

Maybank aims to get RM250 million in premiums in the first year.

Chinese banks' lending likely to rebound slightly

China's banks might have lent some US$95 billion in August, a 14% rise spurred by the government's injection of more money into the reeling Chinese...

Malaysia's budget expected to give emphasis on banking

The Association of Islamic Banking Institutions Malaysia expects the upcoming Budget 2013 to give special emphasis on consumers.

Bank Muamalat ups Q1 net by 41.6%

Bank Muamalat's increased its by net profit 41.6 per cent to RM45.2 million for the first quarter ended June

DRB-Hicom to keep Bank Muamalat stake

DRB-HICOM Bhd will not divest all its stake in Bank Muamalat Malaysia Bhd to Affin Holdings Bhd.

ANZ customers allowed to challenge fees

Australia's High Court unanimously allowed a class action representing 38,000 ANZ customers to challenge a wide range of "exception fees".

What Asian banks can learn from Metro Bank's Chairman

The New Bank on the Block: Lafferty spoke with Anthony Thomson, Metro Bank

Will Thai banks continue to expand lending in the near term?

Check out how this will affect the competition for deposits.

Here's why DBS is more profitable than Barclays

Find out how emerging Asia-centric DBS beats developed market-centric Barclays despite having only half of its equity leverage.

Indian Banks need US$90B more capital under Basel III

Indian banks needs an additional US$90 billion to meet Basel III capital Requirements by March 2018.

ICBC disappoints with 1st half results

China’s largest lender reported a 12.5% net profit rise for January to June, or less than half the comparable rate in 2011, while loans overdue for...