Retail Banking
Bank Simpanan posts $332M net income
Bank Simpanan posts $332M net income
Bank Simpanan Nasional increased its net income for financial year ended Dec 31, 2011 to RM1.032 billion or US$332 million.
Solomon Savings Bank CEO arrested for suspected corruption
Prosecutors have arrested the CEO Solomon Savings Bank over allegations he embezzled and illegally lent billions of won.
HSBC to maximize opportunities in Malaysia
While HSBC Malaysia had been growing in the last two years and was looking at its cost base very carefully, it has yet to fully penerate the...
Vietnam's rising loans-to-deposits ratio
The pace of credit growth has outstripped the availability of funds since 2008, says Standard & Poor's.
Will Vietnam reach the 15-17% credit growth rate target this year?
With various difficulties that abound Vietnam's banking system, is the target even possible?
Banks support Malaysian SME’s overseas expansion
Malaysia’s small and medium enterprises receive more banking support in their quest for higher exports.
CIMB's acquisition of BoC to diversify operations: Moody's
Moody's gave CIMB Bank Bhd's plan to acquire a 59.98 per cent stake in the Philippines Bank of Commerce positive rating.
Philippine banks outdid regional rivals in 2011
The Philippines’ central bank claims the country’s banks did better than most of its Southeast Asian rivals.
People badly hit by closure of Nepalese banks, ATMs
It was the people that suffered most after banks in Baglung shut down their services due to security threats.
CIMB Bank relocates commercial banking centre
CIMB Bank relocated its commercial banking centre from Jalan Barat to Wisma BU8, Petaling Jaya.
Singapore's UOB ups Q1 profit by 12%
United Overseas Bank Ltd posted 12 percent rise in quarterly profit due to higher loan margins and fees.
RBI left to decide on Maharashtra State Cooperative Bank case
It depends on the Reserve Bank of India whether or not to make any further investigation into financial irregularities at the Maharashtra State...
Vietnam's loan growth and system leverage
Loan growth moderated to 10.9% in 2011, about half the government's target of 20%, according to Standard & Poor's.
What can we expect from China's amended reserve regulation?
China's Ministry of Finance recently revised its general banking risk reserve norm to at least 1.5% from the current 1% - will this be a boon or a...
South Korea tries to sell Woori again
Bidders interested in acquiring a majority stake in government-owned Woori Finance Holdings have until July 27 to do so.
Temasek “rebalances” investments in China’s Big Four banks
Singapore's sovereign-wealth fund Temasek Holdings has invested more in China’s largest bank at the expense of two other Big Four banks.
CIMB buys Philippines’ Bank of Commerce
CIMB Group Holdings Bhd., the largest company on Bursa Malaysia, has taken control of Bank of Commerce, an affiliate of San Miguel Corporation.
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