Retail Banking

Is South Korea's banking industry headed for a breakdown?

Is South Korea's banking industry headed for a breakdown?

Find out what Fitch Ratings has to say following various reports of South Korean banks' falling profits, cautious lending, and other anomalies.

Bank Negara Indonesia to partner with 46 Japanese banks

BNI is looking to partner with 46 Japanese regional  operating in Indonesia within the year.

Thai banks compete for deposits

Thailand's commercial banks are fiercely competing for deposits as lending expanded 14.2 percent in the second quarter against 10.1 percent year-on...

Malaysia's CIMB to expand in Laos through Thai unit

CIMB Group will expand in Laos through its Thai unit as the two countries share a historical and trade relationship.

Thai banks say liquidity is sufficient

Thai banks are cool to Finance Minister Kittiratt Na-Ranong's advice to recapitalise as many of them have built up reserves aggressively in the past...

CIMB Thai woos retail clients with new deposit structure

CIMB Thai Bank is adjusting its deposit structure to expand the number of retail customers.

India's central bank orders removal of ‘no-frills’ tag

The Reserve Bank of India asked banks to replace the term ‘no-frills’ accounts into ‘Basic savings bank deposit accounts.

RCBC's income up 35% to $71.9M

Rizal Commercial Banking Corp.'s income grew 35 percent year-on-year in the first semester to P3.01 billion or US$71.95 milllion.

Moody’s lauds Philippine regulations encouraging mergers

Moody’s expects regulations encouraging consolidations in the smaller sector of the Philippine banking industry to improve the credit standing of big...

India seeks clarification of HSBC, Stanchart's Iran transactions

Indian agencies are gathering all details about lapses by HSBC and Standard Chartered's outsourcing jobs in complying with money laundering and...

Vietnam allows banks higher lending targets to spur growth

Vietnam's central bank has allowed lenders to raise their credit growth targets up to 27 percent from a cap of 17 percent.

Thai finance minister urges banks' recapitalisation

Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong encouraged Thai banks to recapitalise to cope with growing loan demand ahead of the...

Korea's household loan growth hits 4-month low

Household loans among South Korean banks grew at the slowest pace in four months in July as the growth of mortgage lending eased.

Global banks forced to step up supervision of India operations

Global banks that outsource work overseas will be forced to step up supervision of back office operations after lapses involving Indian offshore...

StanChart India's DRs down 7.4%

Threats to strip Standard Chartered ofits state banking licesnse pulled down its Indian depositary receipts by 7.4 percent.

Asia-Pacific banks warned against credit growth-related stress

Philippine banking sector's exposure to failure due to excessive lending remained low, according to Fitch.

Here's why investment bankers have raised hackles of retail banks

A London-based banking analyst will give a glimpse on what's going on in universal banks.