Retail Banking

What keeps Singapore banks the world’s strongest?

What keeps Singapore banks the world’s strongest?

Reports say that OCBC, UOB, and DBS lead Bloomberg’s ranking of the world’s strongest banks - what could be the key to their success?

Hong Kong banks' loan-to-deposit ratios remain elevated

Foreign currency LDR remained high at 53.1%, on the back of US$- and CNH-denominated loan demand, says Barclays.

China's 'city commercial banks' post good results in 1Q12

The banks recorded total assets of US$1.62 trillion with deposits at US$1.1 trillion during the first quarter.

Pan resigns as Agricutural Bank of China VP

Agricultural Bank of China's vice president Pan Gongsheng has resigned "in line with the need of state financial work".

Indian banks strive to meet Basel III

Indian banks are scrambling to raise the massive capital needed to comply with both Basel III and their own expansion plans.

Korean banks eye customers from overseas

Korean banks are luring foreign customers as a consequence of an increasing number of workers from abroad and marriage immigrants.

BNI profits up 23%

Higher income from interest and transaction fees pushed BNI's first quarter net profits up by 23 percent.

Eximbank to sue Kookmin Bank over Sungdong

The Export-Import Bank of Korea is suing KB Kookmin Bank over the latter's withdrawal from Sungdong Shipbuilding and Marine Engineering.

Mixed growth for China’s banking industry in 2011

Total assets of China's banking sector jumped 19% year-on-year to US$16.8 trillion in 2011, said the People's Bank of China (PBOC), the central bank...

Taiwan's banks cheating customers in interests: legislator

Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.

Another Korean savings bank fiasco looming

South Korea's financial regulators have begun sorting out 94 savings banks which survived the previous three rounds of expulsions.

Vietinbank, BIDV evaluated stable by S&P

Vietinbank and BIDV received a stable rating from Standard and Poor's, improving from its previous negative mark.

Morgan Stanley to engage in commercial banking in India

The Reserve Bank of India has approved Morgan Stanley's application to engage in commercial banking in India.

Basel III will have to wait

China will delay the implementation of tough new bank rules until next year.

Indian banks told to be serious with unclaimed deposits

The Reserve Bank of India advised banks to implement more processes in dealing with unclaimed deposits.

CIMB targets 17-18% growth in retail deposits

CIMB Bank is hoping to grow its retail deposit business by 17 to 18%  this year from RM53 billion last year.

Philippine banks claim safety from Eurozone crisis

The Philippines expects to ride out the worst of the Eurozone debt crisis.