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Indonesia's BCA to venture into life insurance
Bank Central Asia will still continue its planned venture in life insurance, according to its president director, Jahja Setiaatmadja.
Indonesia's BCA to venture into life insurance
Bank Central Asia will still continue its planned venture in life insurance, according to its president director, Jahja Setiaatmadja.
Philippines' Security Bank posts 29% loan growth
Expansion in various industries pushed Security Bank's loan portfolio up by 29 percent in the first half of 2012.
Thailand's KBank to provide consultancy to retail customers
Kasikornbank will get more involved in financial advisory banking to help retail customers.
Chinese banks move to finance local businesses
Banks are being encouraged to stimulate China’s economic growth at the local level by lending more to local governments and business firms.
Thai loan growth to continue in Q3
Banks and non-bank institutions will continue to experience loan growth in the third, to a June survey by the Bank of Thailand.
Foreign expansion a matter of survival for Asian banks
Asian banks will continue expanding overseas to grow faster and improve yields.
Allahabad Bank post 23% net growth with cash recovery
Allahabad Bank reported a more than expected 23% net profit growth due to a Rs 120-crore cash recovery.
Indian and UK financial regulators forge stronger alliance
HSBC’s admission to money laundering for criminal syndicates compels regulators from both countries to exchange more information.
YES Bank and Shinsei Bank forge business alliance
India’s YES Bank and Japan's Shinsei Bank enter into a comprehensive business alliance.
Chinese banks pledge more loans for real economy
China reiterates its promise to boost bank loans to the more productive sectors of its wallowing economy and away from real estate speculation.
ICICI Bank reports 36% net profit increase
A low risk strategy enables India’s ICICI Bank to post a net profit of US$327 million in the first quarter.
Piper Jaffray to leave Hong Kong as economy sours
US investment bank Piper Jaffray & Co will exit its money-losing operations in Hong Kong this September
Philippine Deposit Insurance Corp. approves PNB-Allied merger
The Philippine Deposit Insurance Corp. has approved the merger of Philippine National Bank and Allied Banking Corp.
State Bank of India's asset quality improves
State Bank of India's asset quality has improved from last year, according to Chairman Pratip Chaudhuri.
India to get UK support in supervising British banks
UK's Financial Services Authority and the Reserve Bank of India mutually assist and exchange information in supervision of banks operating in both the countries.
Mizuho to expand overseas lending by 30%
Mizuho Financial Group Inc has increased loans overseas by 25% from a year earlier in March and now looks to expand lending by another 30%.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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