Retail Banking

Philippine banking system deposits rise 10.7%

Government says it highlights ability of banks to provide credit to the economy.

SMFG invests US$1.52 billion in Indonesian bank

Will acquire a 40% stake in PT Bank Tabungan Pensiunan Nasional.

China pledges to forge ahead with banking reform

Also promises increased flexibility in managing exchange and interest rates.

Standard Chartered records slowest revenue growth in 10 years

Guess where the 5% drag on Group revenues came from?

Aussie banks urged to improve funding to meet Basel III requirements

They're expected to lengthen their wholesale funding.

RHB and OSK complete merger

RHB Holdings Hong Kong is now a member of the RHB Banking Group.

Westpac reports record first-half profit

First half profit to March 31 hits $3.3 billion.

Philippines sues Maybank affiliate for tax evasion

Philmay Property, Inc being sued for US$4.2 million in unpaid taxes.