Retail Banking
Managing ALM risks for life insurers in Asia
Managing ALM risks for life insurers in Asia
Asset-liability management (ALM) issues facing life insurers in Asia have grown in depth and scale since the 2008 financial crisis. What are the...
CMB sees holdings of foreigners shrinking
Foreign banks cut investments in CMB since August 2009, with JP Morgan Chase & Co., UBS and Barclays Bank among the said investors.
Talks on PBCom sale in “advanced stages”
PDIC head told the media of bank’s possible acquisition by investors.
PNB eyes stake in Metrokombank
Part of PNB's expansion overseas includes tapping Kazakhastan market.
SBI, State Bank of Indore tie-up asked for clarifications
Concerns prompted Indian government to look for details of the merger.
ICICI Bank to divert assets into JV
ICICI enters a US$80 million joint venture deal with First Data.
Agricultural Bank of China collaborates with DBS
DBS Bank and Agricultural Bank of China signed an MOU to enhance cooperation in Asia across a wide spectrum of businesses. These include cash...
StanChart expands dealer base in China
StanChart senior executive John Tan said the bank's addition of dealers by two-thirds in three to five years aims to intensify presence in the country...
DBS Bank ties up with Aviva India
The partnership would enable DBS to offer Aviva services to high net worth customers in India.
NAB to issue hybrid tier 1 securities
In an effort to safeguard bank deposits, NAB looks forward to sell US$500 million in hybrid tier 1 to investors in Europe and Asia.
HLB offers new retail deposit product
HLB personal financial services CEO Moey Tan was eying to surpass 6 percent to 8 percent average growth for the market.
Maybank accused of under-reporting loss
DAP secretary-general Lim Guan Eng said Maybank's $225 million reporting discrepancy came from its devalued overseas investments.
Ashraf butters up to Zardar, declares $24.14M profit
Zarai Taraqiati Bank made an unprecedented recovery during the previous year with an increase in profit by US$24.14 million from approximately US$6...
PSBank allowed to team up with Japan's Sumitomo
PSBank has been granted approval by the Philippine's central bank to invest up to 40 percent or approximately $38 billion in a joint venture with...
SCB to change focus beyond lending
Despite expecting 3 percent to 5 percent growth in loans this year, SCB executive chairman Vichit Suraphongchai studies ways to upgrade the bank's...
CBA chief Norris' pay rises due to share based payment
Yet despite his 6 percent salary rise, CBA chief Ralph Norris' short-term incentives were cut by 10 percent due to the bank's 1 percent slide in net...
ING receives bids for its Asia, Switzerland assets
The transaction aims to help ING pay its US$14.25 billion debt from the Dutch government.
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