News
Earnings of South Korean Banks nearly 15% down
Earnings of four major South Korean banks may have dropped nearly 15 percent on-year in the first half.
Earnings of South Korean Banks nearly 15% down
Earnings of four major South Korean banks may have dropped nearly 15 percent on-year in the first half.
Korean banks expected to tighten grip on loans
Korea's banks are likely to be more cautious about extending loans due to increased economic uncertainty at home and abroad.
CIMB Group set for Asian expansion
One of Southeast Asia’s top-ranked and most aggressive banks is now in a position to challenge its larger western rivals in Asia.
Bank Mandiri targets more low cost funds
Bank Mandiri will focus on increasing its share of low-cost third-party funds such as savings and current accounts to 70 percent.
SBI eyes new clients by waiving minimum balance for savings accounts
The State Bank of India has done away with minimum balance criteria for saving banks account in order toattract new customers.
Malaysia's Bank Islam to expand in Indonesia
Bank Islam Malaysia has offered to acquire between 30 and 40 percent stake in an Indonesian Islamic bank.
Chinese banks grab a third of global banking profits in 2011
Europe’s punishing financial turmoil has been good for China’s Big Four banks.
Indian Overseas Bank waiting to raise $500M through MTN
Indian Overseas Bank is waiting for the European crisis to stabilise to raise US$ 500 million through medium-term notes for funding its overseas operations.
Indonesia's Mandiri to open branches in Vietnam, Myanmar, Thailand
Bank Mandiri may open branches in three neighboring countries as part of its plan to become a top lender in Southeast Asia.
Big Four bank ramps up overseas presence
Armed with ample cash, China’s second largest bank will now accelerate its overseas expansion.
Malaysia's Maybank ready to incorporate retail ops in Singapore
Maybank is prepared to locally incorporate its retail operations in Singapore according to the city state’s government requirement.
Indonesia to introduce ‘Branchless Banking’
Bank Indonesia wants banks to improve access to banking by introducing the so-called branchless banking.
Some Indian banks misguiding investors on bad loans: Deputy Governor
Reserve Bank deputy governor K C Chakrabarty criticized banks for misguiding investors for the past five years by not giving your proper figures on non-performing assets.
Tougher insider trading laws being considered in Japan
An embarrassing insider trading scandal compels the government to take a tougher stand against this illegal but commonplace practice in Japan.
HSBC to offload stakes in India's Axis Bank, Yes Bank
HSBC is on course to offload its entire 4.8% stake in Indian private banking major Axis Bank and its 4.8% stake in Yes Bank.
Reports of fat Vietnam bank profits inaccurate: inspectors
Central bank inspectors revealed that banks’ profit in Vietnam for 2011 was not as big as reported by many commercial banks.
Five lenders eye shuttered Philippine bank
Five Philippine financial institutions remain interested in acquiring the assets of bankrupt Export and Industry Bank.
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Why Philippine banks, insurers embrace hyper-personalized services
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