Retail Banking

CIMB sells its stake in CIMB Aviva

Total consideration is RM1,110.0 million.

CIMB sells its stake in CIMB Aviva

Total consideration is RM1,110.0 million.

YES Bank’s net interest income up 37%

Guess which other segments are gaining additional momentum.

Korean banks' earnings to fall short of consensus estimate

Blame it on additional provisioning to meet tighter FSS guidelines.

Chinese banks’ new loans may soar by 83%

Here’s how the 4 big banks drive the momentum.

Malaysia's Bank Rakyat expects 2012 profit, zakat of RM2-B

Bank Rakyat is on track to achieve its 2012 pre-tax profit and zakat target of RM2 billion.

Ex-Shinhan execs get prison terms over embezzlement

Two former executives of the Shinhan Financial received suspended prison terms for embezzlement.

Delaying Basel III implementation a boon for Korean banks

It's a missed opportunity for Korea to strengthen its bank regulatory framework, says Moody's.

Abdullah appointed Maybank EVP

Mohd Suhail Amar Suresh Abdullah was appointed Maybank EVP & head of Virtual Banking & Payments. He was managing director of Malaysian Electronic...

Hong Leong targets Gen Y with online deposit account

Hong Leong Bank launched the first truly flexible online fixed deposit account in Malaysia.

Yes Bank, IndusInd target Indian retail assets of RBS

Yes Bank and IndusInd Bank are negotiating to acquire Royal Bank of Scotland's Indian retail assets.

Indonesia's Bank Mutiara to focus on low-cost funds

Bank Mutiara will increase the proportion of its low-cost funds to total third-party funds.

Sukoriyanto appointed Mutiara bank chief

Shareholders of Mutiara Bank agreed to appoint Sukoriyanto Saputro as president director.

Myanmar to reform banking system

Myanmar has set its sights on overhauling its battered and distrusted banking system.

Vietnam's VietinBank aims to lend $25.4-B in 2013

VietinBank has set a lending growth target of 20 percent this year.

Thailand's TMB Bank slashes NPLs, eyes profitability

TMB Bank is now focusing on return on equity and sustainable profitability.