Retail Banking

Bank Mandiri earmarks $439M for the holidays

Bank Mandiri earmarks $439M for the holidays

Bank Mandiri allocated US$439 million for its customers' needs during Christmas and New Year.

What you need to know about Indonesian banks

Fitch expects lower but still healthy loan growth in 2012 - but how healthy is it?

HSBC sells private banking unit in Japan to Credit Suisse

This is part of HSBC's strategy to cut $3.5b annual costs.

Malaysia to permit more foreign bank ownerships

The country seeks to triple its financial sector by the end of this decade.

Sacombank to sell 15% stake to Credit Suisse in January

Vietnamese banks are indeed looking to foreign investors for capital support.

AMMB Holdings to buy Kurnia Insurans

But it is yet to have the central bank and finance ministry's approval for the bid.

HSBC to sell its Japanese private banking business

But to which company will HSBC be selling it to?

What you need to know about Singapore banks

So loan growths are expected to moderate significantly in 2H12, but which bank remains a relative outperformer in uncertain times?

Malaysia facilitates entry of Indonesia's Mandiri

Requirements have been relaxed for Indonesia's state-run Bank Mandiri to operate in Malaysia by the end of next year.

India may sue HSBC over black money

The Indian government may sue HSBC for persuading their executives to stash undeclared money in a Geneva branch.

ABBank posts pretax profit of $18.6M in Jan-Nov

ABBank reported a pretax profit of VND391.3 billion or $18.6 million in the first eleven months of the year.

DBS establishes USD 5b commercial paper programme

Guess who DBS selected as dealers under the programme?

ABN Amro reopens branch in Hong Kong

The commercial banking unit in Hong Kong is staffed by two bankers.

Gov’t support dispels big impact of new rating criteria to AsiaPac banks

And the outlooks on 79% of the banks in the region are stable under the new criteria.

Asia’s business bankers concerned about liquidity shocks from EU crisis

Find out what Asia’s heads of business banking including HSBC’s Noel Quinn, UOB’s Eric Tham and Macquarie Securities' Ismael Pili have to say about...

Woori should not be bought by private-equity funds: Lee

So as to avoid the mistake that happened when Lone Star Funds acquired Korea Exchange Bank, said Lee Jae Sool.

Will UBS and Citigroup be punished in Japan?

Their employees allegedly asked bankers to change rates they submit for setting Tibor to gain an advantage.