Retail Banking

Indian banks reject joint response to NPLs

India’s private banks have thumbed down a government proposal to pool their resources to service non-performing loans of individual banks.

Indian interest rate cut on the horizon

Remarks by India’s finance minister fuel speculation that a reduction in interest rates could be forthcoming.

Pakistan's MCB ups 1H profits by 7%

Muslim Commercial Bank posted 7% increases in both profit before tax of Rs. 17.2 billion, and profit after tax of Rs. 11.3 billion.

Here's how the suggested 50% dividend cut will impact banks' capital generation

Find out how it could lift Tier 1 capital generation to current forecast levels.

DBS not giving up on acquiring Danamon

Singapore’s biggest bank by assets will push through with its planned US$7.3 billion acquisition of PT Bank Danamon Indonesia.

Cathay Financial has most employees among Taiwan firms

Cathay Financial is the largest employer among listed peers, according to a Taiwan Stock Exchange’s social responsibility review.

OCBC NISP posts Rp407B net income

OCBC NISP posted a net income of Rp 407 billion in the first half.

Industrial Bank of Korea suffers poor Q2 net interest margin

Industrial Bank of Korea's second-quarter earnings went down 35.7 percent from a year earlier.

BII posts 61% net increase

Bank Internasional Indonesia reported a 61 percent net income increase in the first half with Rp 592 billion or $63 million.

Asian banks urged to cut dividends by 50%: Barclays

Dividend cuts will be needed to fund regualtory capital increases.

Indonesia's Bank Mega to focus on expanding SME business

Bank Mega credited their focus on credit disbursement to SMEs in doubling its net profit to Rp 909 billion or US$96.35 million in the first half.

OCBC NISP ponders on possible acquisitions

OCBC NISP is assessing five to 10 financing companies as acquisition targets and has prepared Rp 500 billion to Rp 1 trillion for the transaction.

Association of Banks in Malaysia to host dialogues in Sabah, Sarawak

The Association of Banks in Malaysia is sharing ideas with SMEs, business organisations and banks in Sabah and Sarawak through dialogue.

BSN to tap 260 new agents for branchless banking in Penang

Bank Simpanan Nasional will appoint 260 agents by year-end to boost the current 57 agents for its 3B services in Penang.

Maybank sure to keep control of Bank Internasional Indonesia

Maybank expects to keep its controlling stake in Bank Internasional Indonesia despite the recent change in bank ownership rules in Indonesia.

OCBC faces squeeze from contracting interest margins

Strong loan growth helps boost the profit of the world’s strongest bank by 12% in the second quarter but its net interest margins continue to shrink...