Retail Banking

China’s financial system remains healthy

Spanish bank expects non-performing loans to rise gradually, however.

BPI launches agriculture loan program

It has a US$441m agriculture portfolio.

ICICI Bank launches “HiSave”

Pays market-leading rate to selected savers.

M&A binge predicted for Philippine banks

Will be led by mid-sized commercial banks.

China to introduce deposit insurance system

Will lay the basis for interest rate liberalization in banking sector.

Maybank names Mohamed Rafique Merican officer-in-charge pending appointment of new CEO

Maybank announced that Encik Mohamed Rafique Merican Mohd Wahiduddin Merican has been appointed as Officer-in-Charge of the Bank effective 5 June...

India issues clarifications on new bank licenses

Norms seem to favor large corporations, however.

Taiwan identifies top state-owned banks

First Commercial Bank is ranked first.

New law allows 60% ownership in Philippine rural banks

President Benigno Simeon Aquino signs Republic Act 1057 into law.