Retail Banking

Chinese banks pull-out of IMF and SIBOS meetings in Japan

Blame it on the souring relations between Asia's two biggest economies.

Chinese banks pull-out of IMF and SIBOS meetings in Japan

Blame it on the souring relations between Asia's two biggest economies.

Taiwan's Cosmos Bank to raise funds via private placements

Cosmos Bank will slash its capital and then raise fresh funds through private placements to replenish capital eroded by losses.

Bangkok Bank to fortify retail banking business

Bangkok Bank will build brand awareness by revamping its retail banking business.

HDFC, Indian Oil to provide rural banking services

HDFC Bank tied-up with Indian Oil Corporation to make modern banking services available in semi-urban and rural India that remain inaccessible by the...

Buenaventura heads DBP

Gil Buenaventura was sworn in as President and CEO of state-owned Development Bank of the Philippines this week.

Hana to pilot Korean-style private banking in Jilin

Hana Bank, the banking unit of South Korea's Hana Financial Group, will introduce South Korean-style private banking in China this month.

China's banks snubbing IMF, World Bank events in Japan

China did not hesitate to use its clout in the financial sector to voice out protests over the diplomatic row with Japan concerning the Senkaku...

Taiwan's Fubon aims to acquire 51% of China-based Sino Bank

Taiwan’s Fubon Financial is seeking a 51 percent stake in China-based First Sino Bank for RM2.09 billion within the year.

Indonesia's EximBank exceeds financing target with $2.6B

Indonesia EximBank has booked Rp 25 trillion or $2.6 billion in total financing the third quarter, exceeding its full year target of Rp 24.5 trillion...

Hong Kong banks on their own in Basel III

Hong Kong banks will have to turn to local fund-raising strategies to meet Basel III’s tougher liquidity requirements.

Analysts warn against foreign takeover of Vietnam banks

Foreign ownership cap in Vietnamese banks should be considered carefully to prevent a wholesale takeover, experts warn.

Thai commercial banks demand level playing field vs state banks

Thai Commercial banks after are questioning four state-owned banks' failure to pay the fee of 0.46 percent of deposits to the Financial Institutions...

Maybank launches World MasterCard, targets Asia's rich

The bank eyes a 10% increase in its total card base within the first two years of the card's launch.

Company bankruptcy petitions in Singapore back at GFC levels

Provisioning levels should rise to more normal levels in the coming quarters, says CIMB.

Yes Bank enters equity broking business

The retail equities broking license received by Yes Bank Ltd from India's central bank will intensify competition among banks for retail deposits.

Can Standard Chartered really 'chip away' at DBS' advantage?

Only time will tell if Standard Chartered manages to poach its rivals’ customers, says an analyst.

Wong appointed CEO of UOB Malaysia

Wong Kim Choong will take over as chief executive officer of United Overseas Bank Malaysia from Chan Kok Seong.