Retail Banking
RHB earns positive outlook with transformation
RHB earns positive outlook with transformation
Encouraging improvements in the financial profile of RHB due to transformation earned it a positive from stable outlook. According to Standard & Poor...
StanChart funds renewable energy projects in Korea
As part of its dedication to its sustainability movement, Standard Chartered will finance renewable energy projects in Korea.
Commonwealth Bank reports peak in bad debts
Commonwealth Bank said its unaudited cash profit was around 1.4 billion Australian dollars (US$1.29 billion) for the three months ended Sept. 30...
ICICI, Temasek may revive Firstsource sale
Plans may be in the works for Singaporean state investor and Indian ICICI bank to sell their stakes in Firstsource Solutions.
Chinatrust: Chinese banks lack financial ‘know-how’
Chinatrust Commercial Bank plans to partner Chinese banks through consumer financing education and credit card operations.
South Korean banks drop barriers in private banking market
Woori, Shinhan, and Korea Exchange banks are lowering the barriers for their private banking services to win back potentially more affluent customers...
Minsheng Bank targets $4 bln sale after HK IPO
Improved banking conditions spurred Minsheng to offer 3.32 billion shares in its Hong Kong IPO.
StanChart India to employ 3,000 by 2010
The bank targets more than 20,000 employees for the bank’s expansion in the country.
Westpac gives ‘green’ loans
Westpac is set to release US$9,200 loans to Australian homeowners to install sustainable and eco-friendly energy facilities. The bank said Nov. 8...
Bank of Philippine Islands, World Bank advances in energy loan program
BPI aims to augment its lend to sustainable energy projects by another $106,000.
Korea Development Bank eyes acquiring banks overseas
Korea Development Bank seeks to buy overseas banks as fierce competition in local retail financing market hampers growth.
Hong Leong collaborates with China Development Bank
The tie-up enhances funding and knowledge exchange between the two banks.
Indian Banks anticipate rise in credit losses
Indian banks are likely to gain more than they lose from the latest step taken by the Reserve Bank of India to tighten provisioning norms.
Hong Leong strengthens platforms in China
Hong Leong and China Development Bank will collaborate in Malaysian and Chinese projects through a Cooperation Agreement.
CCB Asia renamed after acquiring AIG Finance HK
The deal beefs up China Construction Bank's customer base and services for small and medium enterprises.
No layoffs in Hong Kong vows HSBC
HSBC's Asian operations expand as it fired 1,700 employees in Britain due to stale European economy.
Group on Philippine banks: Focus on domestic market
Bankers Association of the Philippines advises banks to prioritise domestic operations and refrain from risky moves.
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