Retail Banking
Indonesia's House of Representatives to look further into Citibank incidents
Indonesia's House of Representatives to look further into Citibank incidents
Indonesia's House of Representatives will inquire further into the death of a Citibank client, Irzen Octa.
Bank Islam ups stake in Sri Lankan bank
Bank Islam's stake in Sri Lanka's Amana Bank has increased to 20 per cent after an additional eight per cent acquisition.
Korea to keep banks from inflating assets
South Korea's Financial Supervisory Service will restrain local banks' attempts to excessively inflate assets. This is part of banks' startegy to...
Hana’s KEB takeover deal temporarily put on hold
The FSC plans to end the Lone Star chief Paul Yoo’s stock manipulation case within the month.
RHB targets July completion of deal with Bank Mestika
The Malaysian lender seeks pending regulatory approval from Indonesia as Bank Negara Malaysia has already approved the deal last January.
PNB net income up 61%
Higher non-interest income and trading gains pushed PNB's net income 61 per cent higher. The bank recorded an US$82 million net income in 2010 from...
Siam Commercial Bank sees better first quarter profit
The lender bank sought to finalize deal for a possible merger in the petrochemical sector worth $2bn.
Bank Mandiri and AXA to buy ADB insurance
The deal will make Bank Mandiri owner of 60% of ADB’s shares while AXA will control the remaining 40%.
Kookmin Bank readies block sale of parent’s stake
Yet reports said private placement was possible rather than a block deal for the lender to unload its stake in its parent by September.
Suspended Korean savings banks to be sold
Korea’s deposit insurance agency will put most of the seven suspended savings banks up for sale. This is part of Korea's efforts to revamp the ailing...
SCB targets 75.5% after-tax profit increase
SCB is targeting an after-tax profit of US$23.39 million in 2011, up 75.5% from US$13.3 million last year. This was recently approved by its general...
Sumitomo Mitsui to begin Malaysia operations April 11
Sumitomo Mitsui Banking Corp announced that that its subsidiary in Kuala Lumpur will begin operations on April 11.
China Merchants Bank 2010 profit up 41.3% to $3.93 billion
The lender’s capital adequacy ratio rose to 11.47% in 2010 from 10.45% at end 2009.
China Merchants Bank mulls capital boost via external sources
The bank aims to grow its loans by 16% in 2011 as its capital adequacy ratio is lower than that of its major rivals.
Former Minister complains of too many banks in Malaysia
Former Finance Minister Tun Daim Zainuddin feels there are now "way too many banks" in Malaysia.
Taiwan's good GDP to boost banks' growth
Taiwan's stable economic outlook and the gradual rise in interest rates could give a modest boost to local banks' net interest margins in 2011.
Bank Rakyat gets go signal to increase share capital
Bank Rakyat received Bank Negara Malaysia's approval to increase its share capital from two billion to three billion.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Lorem Ipsum Three
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
