Retail Banking

India's Syndicate Bank eyes 15% loan growth

Syndicate Bank hopes to achieve a loan growth of 15 percent and net interest margin of over 3 percent in 2012-13.

India's Reliance Capital gears up for banking business

Reliance Capital, the financial services arm of Anil Ambani-led Reliance Group, announced its full preparedness to foray into the banking business.

Korean banks resilient to household debt: Moody’s

A solid capital buffer against possible debt defaults makes South Korean banks resilient to the country’s household debt, according to Moody’s.

RHB Bank's Vince Au Yoong vows not to enforce product-pushing

The bank's new retail banking director aims to focus on customer segments and needs.

HSBC Singapore commits to a 3-year sponsorship extension of a golf event

The 2013 HSBC Women’s Champions will take place February 28 to March 3.

Vietnam proposes trillion dollar solutions for bad debts

Vietnam is seriously considering setting-up an asset management company capitalized at US$4.8 trillion.

Indian Bank net profit up 6% at $92.4M

Indian Bank posted a net profit of Rs 496.68 crore or US$92.4 million for the second quarter ended September.

KEB earns less than expected in Q3

Korea Exchange Bank's earnings for the third quarter was less than expected due to falling profit margins and higher loan-loss reserves.

CIMB Thai net profit up 66%

CIMB Thai recorded a 66 percent increase in net profit with 1.4 billion baht for the nine months of this year.

Raiffeisen Bank International AG gets banking license in Hong Kong

This brings the number of licensed banks in Hong Kong to 155.

DBS Bank inaugurates new headquarters

DBS Asia Central at Marina Bay Financial Centre Tower 3 houses the bank’s ‘customer-facing’ units.

State Bank of India expects 16-18% loan growth

State Bank of India expects loan growth of 16-18 percent despite a general slowdown in credit demand among India's banks.

India's ICICI Bank to collaborate with African bank

India's ICICI Bank and Togo's Ecobank will collaborate to extend banking services across their combined footprint in India and Africa.

Four Thai banks report strong Q3 earnings

Four of Thailand's banks reported robust profits for the third quarter.

Wong is new CEO for UOB Malaysia

Wong Kim Choong has been appointed as United Overseas Bank Malaysia's chief executive officer with immediate effect.

Korean savings bank chief gets 8-year prison term

Ryu Dong-cheon, chairman of the Jeil Savings Bank, has been sentenced to eight years in prison after extending a large amount of illegal loans and...