Retail Banking

Ocean Bank eyes maritime customers

Ocean Bank eyes maritime customers

an Commercial Bank is eyeing corporate customers in maritime, shipbuilding, petroleum and precision engineering in the Province of Khanh Hoa with its...

New Zealand delays tightening bank lending rules

New Zealand’s central bank will delay an increase in the core funding ratio to 75 percent from 70 percent by about six months to Jan. 1, 2013.

IBM Study of more than 1,700 CMOs reveals digital era transforming their agenda

The study revealed that 8 out of 10 chief marketing officers will increase social media use in 3-5 years.

BofA deems more CCB shares sale

Chinese paper reported that the American bank was weighing selling part of its remaining CCB stake to boost its capital.

State Bank of India to raise $1.63bn

The fundraising activity before March aims to augment thin capital and weakening asset quality.

New Zealand banks to face tighter capital adequacy requirements

The Reserve Bank of New Zealand is proposing that banks implement the Basel III capital adequacy requirements.

Lone Star’s KEB earnings down 63%

Lone Star Funds’ Korea Exchange Bank third-quarter profit declined to 117 billion won or $104 million from a restated 319.3 billion won a year...

Don’t be fooled by Japanese banks’ offshore growth: Fitch

Accumulated amount of all overseas investments by Japan's mega banking groups is about 2% of Tier 1 capital - but Fitch believes this growth is...

Korea Exchange Bank’s profit suffer from pending buyout

The Bank posted a significant 63% drop in its 3Q11 profit after Lone Star Funds announced it would sell its stake to Hana Financial Group.

Voluntary Separation Scheme available for HLB, MIMB employees

Hong Leong Bank is offering a voluntary separation scheme to all permanent employees of the bank and MIMB Investment Bank.

Weak India performance pulls down StanChart results

Standard Chartered's problems in India caused its growth to slow down in the latest quarter.

City Union Bank net profit up 26%

City Union Bank today reported 25.8 per cent jump in net profit to Rs 77.52 crore for the second quarter ending September 30. For the half-year...

ICBC profit up 28.3% in first 3 quarters

ICBC recorded a profit after tax of RMB 164 billion in the first three quarters of 2011, up 28.31% over the same period last year. The Bank has...

City Union Bank holds off plans to raise savings account rates

City Union Bank has decided to hold off plans to revise its interest rates on savings bank accounts.

Bank of China faces challenges, opportunities as SIFI

Bank of China will face the challenegs after being named one of the systemically important financial institutions or SIFIs by the Financial Stability...

DBS, UOB post different results for Q3

DBS exceeded its expected net profits for the third quarter, but another Singaporean bank, UOB, posted lower than expected net profit.

ANZ group posts US$ 5.5 B profit

ANZ Banking Corp. posted a 19 percent rise in annual profit to 5.36 billion Australian dollars or $5.54 billion.