Retail Banking
S.Korean banks face grim profit outlook
S.Korean banks face grim profit outlook
The economic slowdown and squeezed profit margins are keeping South Korean banks from generating more profit.
Indian banks have $446M of unclaimed deposits
The Indian government wants unclaimed funds amounting to US$446,825,738 from Indian banks of more than 10 years be credited to a new fund.
Agricultural Bank of China first half profits surges by 20.8%
Agricultural Bank of China's profits jumped 20.8 percent year on year in the first half of the year to 80.52 billion yuan.
Indonesia's Bank Mandiri to fortify Hong Kong unit
Encouraged by the huge remittances in its Hong Kong branch, Bank Mandiri is aiming to strengthen its business in the said country.
HSBC disposes stake in India's Federal Bank
HSBC sold its entire five percent stake in Federal Bank for a little over Rs 341 crore through open market transactions.
59% of Filipinos know their personal finances well
Filipinos scored an all-time high of 52.6 out of a possible 100 points in the latest Citi Financial Quotient Survey.
BOCHK has the lowest LDR among peers in 1H12
Barclays believes Bank of China (Hong Kong) has capacity to increase lending and pull back from deposit competition.
How can Chinese banks handle the sudden surges of liquidity demand?
Find out what analysts have to say about reports of Chinese banks being threatened by worsening short-term liquidity.
Chinese banks’ profit growth may fall to single digits in 2013
China’s banks, the world’s second most profitable after Indonesia’s, are expected to see profit growth fall below 10% in 2013.
BoCom boosts core capital
Bank of Communications Ltd said it has raised US$4.7 billion to meet the government’s capital adequacy ratio requirement.
CCB faces lower profitability; more bad loans
A rising number of bad loans threaten future earnings for China Construction Bank Corporation that saw its first-half net profit rise 15% year-on...
Asian Banking & Finance Awards 2012 winners revealed
Find out who the winning banks are in this year’s Retail Banking Awards and the inaugural Wholesale Banking Awards.
Citi issues own credit cards in China
Citigroup Inc has made history by becoming the first Western bank to issue its own credit card in China without co-branding from a local financial...
Flagging economy slams Bank of China
Bank of China Ltd reported a net profit of US$5.5 billion, a 5.3% improvement year-on-year from US$5.2 billion.
Bank of China posts weakest net increase in 3 years
Bank of China posted a 5.1 percent rise in second-quarter net profit, its slowest profit growth in over 3 years.
Singapore's banks on the look-out vs European tax evaders
Banks in Singapore have been warned since last year against funds being transferred to evade taxation elsewhere.
Kien's arrest shocks Vietnam's stock market, banking sector
Nguyen Duc Kien's arrest on suspicion of conducting illegal business activities is triggering a dramatic fall in Vietnam's stock markets.
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