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China banks pursuing to meet capital and loan requirements
Some banks resort top paying commissions to agents to help attract short-term deposits before the end of each month to evade the regulation.
China banks pursuing to meet capital and loan requirements
Some banks resort top paying commissions to agents to help attract short-term deposits before the end of each month to evade the regulation.
ING mulls selling Australia online banking unit
StanChart is among the lenders in talks with ING for the 12-year-old ING Direct unit with estimated value of $6.5bn.
Banco de Oro earnings up by 18%
Banco de Oro reported that its earnings for the January to March period grew by 18 per cent.
NAB steps up campaign to generate more loans
The bank believes its campaign of offering to pay the exit fees for mortgage customers who desert its competitors is key in outpacing the market.
Allahabad Bank's net profit increases by 14.74%
Allahabad Bank's net profit increased to Rs.258 crore for the quarter ended March 2011 as against Rs.225 crore in the corresponding quarter last year. This represents a year-on-year growth of 14.74 per cent.
SaigonBank expects new plan to bring VD350B profit
SaigonBank has approved the 2011 business plan in the annual general meeting with targeted pre-tax profit of 350 billion dong and dividend payment of 11 percent.
Maybank opens 10th Cambodian branch
Maybank expanded its network in Cambodia by opening its 10th branch in Kampung Cham.
RHB shortlists bidders of 25% stake to 6
Sources said Chinese suitors not keen on buying the Abu Dhabi Commercial Bank's block in the company.
Malaysian court junks suit blocking EON acquisition
Primus to appeal against court decision that clears way for EON to accept Hong Leong $1.7bn takeover offer.
China regulator belies enforcement of stricter capital rules for big banks
CBRC requires the Big 5 to keep a minimum capital adequacy ratio of 11.5% based on the Basel III global regulatory framework.
China and Taiwan banking regulators talk about opening markets
Representatives from both parties will conduct regular bi-annual meeting to gradually clear obstacles on Cross-Strait Banking Supervision Cooperation.
China big banks receives higher-than-expected profits
ICBC surpasses first-quarter profit performance of JP Morgan, most profitable bank in the US, by 49%.
Hong Leong Bank inaugurates Hanoi branch
The lender’s launching of its second branch in Vietnam and its first priority banking service signifies its commitment to reach out to customers in the country.
BPI now offers asset management online
The lender targets more than 500,000 users of Investment 3.0 in an effort to educate and empower Filipinos on building wealth through investments.
India urges lenders to increase farm lending
Indian government seeks support from banks for the growth of the sector.
DBS Bank starts offering mortgage-linked insurance
Policy holders can receive payments for death and permanent incapacitation, as they can get up to 40% of the total coverage if they incurred a major accident.
India’s state-run lenders step up hiring of personnel
A study revealed that state-run banks would need 500,000 employees over the next 10 years to maintain their competitive edge.
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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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