News
Malaysian banks advised to tap social media
Malaysia's banks were advised to innovate their approach towards customers via the Internet as well as tap the rising importance of the social media.
Malaysian banks advised to tap social media
Malaysia's banks were advised to innovate their approach towards customers via the Internet as well as tap the rising importance of the social media.
Janata Bank Nepal going public in May
Janata Bank Nepal Limited has completed preparations for initial public offering.
Bank Muamalat anticipates lower 2012 profit
Bank Muamalat is expecting its pre-tax profit for the financial year ending March 31, 2012 to go down from the preceding year.
Indonesian credit-card holders reach 14.5 million
Credit cards issued in Indonesia increased to 14.58 million in February from 13.8 million over the corresponding period last year.
IOB to add 400 local and international branches
The expansion plans of the Indian Overseas Bank (IOB) will reach out to other countries.
Vietnamese banks reaching out to nearby markets
Maritime Bank plans to set up branches or 100 percent Vietnamese owned banks in foreign markets, possibly Laos and Cambodia.
Vijaya Bank to hire 1,200 annually for 100 branch openings every year
Vijaya will recruit about 1,200 clerical and officer staff annually to cover the 100 branches it will open every year.
OCB's after-tax profit remains unchanged at $15.38M
Orient Commercial Bank generated an after tax profit of VND302 billion or US$15.38 million last year, same as in 2010.
Mutiara expects improved value as part of BCA's ATM network
Bank Mutiara is expecting its value to increase by joining the ATM network of BCA.
Indonesia to question DBS on Danamon transaction
The Indonesian central bank is set to discuss with the DBS Group about its plan to buy 99 percent of Bank Danamon shares.
Indonesia to hinder future foreign takeovers of local banks
Indonesian lawmakers resort to using legislative powers as they realize that blocking deals proves futile.
HSBC Viet Nam pre-tax profit up 40%
HSBC Viet Nam’s pre-tax profits grew 40 per cent last year to VND1.97 trillion or US$94 million.
Krung Thai Bank expects smaller Q1 loan growth
Krung Thai Bank lowered its mortgage loan growth projection for the first quarter of the year to US$161.3 million from US$322.68 million.
RCBC and Resona Bank forge alliance
Two of the largest banks in the Philippines and Japan have agreed to work together to leverage growth prospects in their respective countries.
S.Korean banks reluctant to lend households
South Korean banks are reluctant to lend households in the second quarter due to their weaker capability to repay debts.
Mitsubishi UFJ goes for more M&As in the USA
Japan's biggest lender has not lost its appetite for massive mergers and acquisitions.
China loosens grip on foreign-funded banks
China takes another step towards opening its highly regulated banking system to the outside world.
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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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