News

Indian banks have 40,000 job vacancies

Indian public sector banks need to fill in vacancies caused by business expansion, resignations and retirements.

Indian banks have 40,000 job vacancies

Indian public sector banks need to fill in vacancies caused by business expansion, resignations and retirements.

HSBC to return headquarters to Asia

Movement from London to Hong Kong will enable the lender to concentrate on Asian markets.

Hang Seng to open Foshan branches

Hang Seng Bank received permission from the China Banking Regulatory Commission to open its first cross-city sub-branch.

South Korean banks reveal 2010 plans

Big lenders are readying for fresh challenges as economy rebounds from crisis.

China regulator issues $73bn capital requirement for banks

Chinese banks are pressured to fund their 2010 loan growth through bond or equity issuance.

Oriental Bank of Commerce plans putting up HK office

Hong Kong opens colossal break in OBC's global expansion efforts.

Pre-payment penalty for Axis Bank home loans removed

Axis respects customers' right of choice even when they shift a loan to a competing bank.

Bangkok Bank positive loans 2010 growth of 3-4%

Intensified lending to small and medium businesses and economic rebound give Bangkok Bank reason to cheer.

China Construction Bank to expand in Vietnam

National Bank's approval makes CCB first Chinese bank to establish branch in Ho Chi Minh City.

South Korean regulator to police loan-deposit ratios

Lenders are barred from lending more than the amount they receive to manage their liquidity risks.

NAB's Moody's ratings unaffected by Axa bid

NAB's purchase agreement of AXA's wealth management business for US$4.2 billion has no impact on its ratings.

Chinese banks limited to lend $1.1tln in 2010

Analysts believe $366 billion cut from 2009 cap can be replenished as loans growth remains high.

New Stanchart CEO in Korea keen on expansion

Newly-appointed SC First Bank chief Richard Hill will invest $100 million in the next two years.

Samsung Group launches microcredit bank

The bank handles $257.12 million in funds and is geared to expand with five branches.

RHB Bank keen on new Indonesian arm, Mestika

Acquisition of Bank Mestika provides access to the bank's most important overseas market.

StanChart Malaysia continues cost-efficient improvements

Addition of Global Payments Solutions breaks barriers in cross-border transactions with 80 percent savings in transaction costs.

Taiwan Banks to go slow on China

Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.