Retail Banking
Westpac appoints Tony MacRae as Head of third party distribution
Westpac appoints Tony MacRae as Head of third party distribution
MacRae expected to bring strategy, sales management and specialist knowledge in distribution business to the unit.
Indonesian lenders among the most resilient
A Deutsche Bank report said the country’s banks can weather recessionary risks and severe shocks to the international banking system.
Bank Mandiri to introduce banking to students
The part of the lender’s school banking program is putting up miniature banks in target 68 schools.
BNP Paribas Bank Polska to utilize Teradata's CRM software as retail banking tool
Through the Aprimo Relationship Manager, the bank will be able to efficiently provide customers with the right financial product or service.
Global regulators to force banks to increase liquid assets
The Basel group plans to put uniform implementation of the Basel III reforms at the top of its agenda, according to a Reuters report.
Security Bank's net profit up 33% to PhP 2.4b
This resulted to an annualized return on equity of 19.0% as of June 2011.
Southern Bank to hike chartered capital
The governor of the State Bank of Vietnam has approved Southern Bank's application to increase its chartered capital to over 3.212 trillion dong...
ICBC's aggregate assets overseas surpass US$100B
ICBC's aggregate assets in overseas subsidiaries rose 37.2% over the end of 2010 to USD 103.869 billion at the end of June. In the January-June...
OCB to increase chartered capital to VND3T
Orient Commercial Joint Stock Bank has received approval from the governor of State Bank of Vietnam to raise its chartered capital to 3 trillion dong...
Habubank raises chartered capital by over VND1T
Habubank finished hiking its chartered capital from 3 trillion dong to 4.05 trillion dong and officially registered the new chartered capital in...
Sacombank launches Vietnam’s first wholly owned overseas bank
Sacombank became the country’s first banking institution to launch a wholly owned incorporation in a foreign country with its Cambodia unit.
SBI will not raise lending rate
The lender believes the move will make it uncompetitive.
Hana Financial to push for KEB takeover after ruling
Hana awaits South Korea financial regulator’s next move, which may include orderingLone Star to sell most of its 51 percent stake.
Foong to lead strategy and change at Maybank
The Maybank group announced the appointment of Michael Foong Seong Yew as its chief strategy and transformation officer.
BaoVietBank to hike chartered capital by VND1.65T
The Bao Viet Group to has been allowed by the Prime Minister to continue to invest in BaoVietBank and hold 52 percent stake in the bank.
UBS appoints Mike Stewart as global head of equities
Mr Stewart steps in after the resignations of Francois Gouws and Yassine Bouhara as co-heads of Global Equities.
DBS to slash Singapore dollar deposits rates
Lending activity has started to ease off as banks become more careful.
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