Retail Banking

Woori and BoCom join forces

Woori and BoCom join forces

The strategic alliance of two lenders enables parties to cross-sell products, step up global co-operation and sharing of information among the two...

Ex-chief of Korea's financial regulator quizzed over bank scandal

A former top financial regulator was questioned for his alleged involvement in Korea's savings bank scandal.

PNB raises P6.5 B from sale of debt notes

Philippine National Bank raised P6.5 billion by selling 10-year debt notes qualifying as tier 2 or supplementary capital.

TienPhongBank sees profit double in Jan-May

TienPhonBank obtained VND139 billion in pre-tax profits in the first five months of the year, doubling the figure in the same period last year.

Commonwealth Bank mulls offering $5.37bn covered bonds

The lender immediately wants to test the market once new laws that seeks to clear the way for Australian lenders to issue covered bonds is passed.

Bank of Ayudhya denies reports it is in talks with RHB

RHB eager to buy Thai banks to take advantage on the robust growth in the country's banking sector.

RHB ready to deal with CIMB, Maybank

RHB Capital has received permission from Bank Negara to negotiate with CIMB Group and Maybank on merger plans.

Mitsubishi to strengthen alliance with CIMB

Mitsubishi USJ Financial Group Inc plans to strengthen its capital alliance with CIMB group to boost its banking business in South-East Asia.

Woori Finance ties up with China's Bank of Communications

South Korea's Woori Finance has signed a preliminary agreement for strategic partnership with China's Bank ofCommunications.

China to overtake US as biggest banking economy by 2023—PwC

Experts expect domestic banking assets to exceed US$30 trillion by 2030. 

SBI recruits for 1,000 positions in rural areas

The move seeks to strengthen position in rural areas following the management’s dissatisfaction of the lender’s progress in these areas.

Hana and Lone Star extends talks for KEB

Both parties agree to extend deal for another 6 months as regulatory delays threatened to disrupt Hana's purchase of 51% stake in KEB.

Lao-Viet Bank hailed for economic contributions

The Lao-Vietnam Joint Venture Bank is a symbol of economic cooperation between the two countries, according to Vietnamese parfty official. To Huy...

Papua's Nationwide Microbank signs up 100,000th customer

Papua New Guinea's Nationwide Microbank has signed up its 100,000th customer.

StanChart India top executives undergo reshuffle

Movement of ex-managing director Prakash Subramanian K V and Sandeep Behl to South east Asia is part of first phase of reshuffle wave.

Nomura advises Maybank in RHB bid

Maybank and CIMB has yet to begin talks with key RHB shareholders as RHB submits application to central bank.

VietinBank to sell 15 % stake to Bank of Nova Scotia

Vietinbank will complete the sale of 15 percent stake to Canada’s Bank of Nova Scotia in the second half of this year.