Retail Banking
Research group sees bumps ahead for Public Bank
Research group sees bumps ahead for Public Bank
Alliance Research House stated that there could be factors that could dampen the outlook for Public Bank.
Agribank begins massive restructuring
Vietnam’s largest bank is about to shed non-essential operations as it moves towards becoming a completely commercial bank.
Union Bank of the Philippines posts cheery results
Another cash-flush Philippine bank reports sterling bottom line results for 2011.
Top 4 Aussie banks targeted for ratings downgrade
Soaring loan costs are about to cost Australia’s “Big Four Banks” dearly.
RHB Singapore upbeat on growth amid glocal challenges
RHB Bank Singapore is confident of maintaining growth while expecting more active participation in debt issuance and funding corporate clientele.
Public Bank posts $1.52 B pre-tax profit for 2011
Public Bank reported a 12.8 per cent increase in pre-tax profit for the financial year ended Dec 31, 2011 with US$ 1.52 billion.
StanChart sees big opportunities in Chinese, Indian markets
Standard Chartered is encouraged by the policy outlook for India and China this year.
Thailand targets Australian banking investments
Thailand's commerce minister Kittiratt Na-Ranong urged Australian banks to buy stakes in, or enter local partnerships with, established banks in the...
Banking and finance pay highest salaries in Vietnam
Vietnam's Ministry of Labour, Invalid and Social Affairs has announced that labourers’ average salary reached US$182.54 per month in 2011.
Malaysian to lead Indonesian bank CIMB Niaga
CIMB Niaga, Indonesia's fifth-largest bank, has named Sri Nazir Razak to replace retiring president commissioner Mohd. Shukri.
Financial regulator approves Hana's takeover of KEB
South Korea's Financial Services Commission has approved Hana Financial's takeover of the Korea Exchange Bank.
Fitch gives Andhra Bank a negative outlook rating
Fitch revised Andhra Bank's outlook to negative.
Japanese invade Aussie banking industry
Three of Japan’s largest banks have begun a campaign to conquer at least 10% of Australia’s lucrative banking industry.
Citi to cut about 100 jobs in India
Citigroup Inc. will cut about 100 jobs in India while reiterating that the country remained among its highest priority markets.
Fitch revises Allahabad Bank's outlook to stable
Fitch Ratings has revised the outlook on Allahabad Bankto Stable from Positive.
South Indian Bank posts 36% rise in net profit
South Indian Bank reported a 36% net profit increase to Rs 102 crore in the quarter till December 2011.
Punjab National's total business reaches Rs 6.21 lakh crore
Punjab National Bank revealed that its total business reached Rs 6.21 lakh crore at the end of the third quarter of fiscal 2011-12.