Retail Banking

Here's how Basel III can make or break Asian banks' stability

Check out this new take on the implications and impacts of Basel III on Asian banks considering that Asia was largely unscathed by the 2007/08...

Here's how Basel III can make or break Asian banks' stability

Check out this new take on the implications and impacts of Basel III on Asian banks considering that Asia was largely unscathed by the 2007/08...

Thai banks eye bigger share of Myanmar market

Thai banks are hopeful that they would get a sizable share of business in Myanmar, as the latter liberalises its financial sector.

ICICI Bank to raise RMB500 million

ICICI Bank Ltd, India's largest private sector bank, has turned to using the renminbi to tap Asia's rich bond market.

Mobile Philippine bank aims for 1 million depositors

BPI Globe BanKo, which its owners claim is the world’s first mobile savings bank, intends to enroll one million depositors by 2013.

Allahabad Bank to provide short term deposit plan at 7.6% rate

Allahabad Bank will offer a short-term deposit scheme for high-value customers.

BSN eyes RM1.3B net

Bank Simpanan Nasional targets to increase its net income to RM1.3 billion by the end of this year from RM1.032 billion in 2011.

PDIC backs foreign ownership of Philippine rural banks

The Philippine Deposit Insurance Corporation is supporting separate bills pending in the Philippine Congress that will permit foreign ownership of...

Japan's banking minister commits suicide

Tadahiro Matsushita, Minister of the Financial Services Agency, the banking industry regulator, committed suicide Monday.

JS Bank to buy HSBC's Pakistani business

HSBC had agreed to sell its operations in Pakistan to the Asian country’s JS Bank Limited for an undisclosed sum.

ChinaBank in 10-for-1 stock split

The Philippines’ China Banking Corporation last week cut the par value of its shares from P100 to P10 in a 10-for-1 stock split of its common shares...

Bangkok Bank gets 99-year license in Vietnam

Bangkok Bank has been granted a 99-year extension of its banking service license from Vietnam.

ING Vysya expects strong performance to continue

ING Vysya Bank's good asset quality will extends its good performance in the first quarter of FY13 through the rest of the fiscal.

What you need to know about Maybank's 2 new retirement plans

Maybank aims to get RM250 million in premiums in the first year.

Chinese banks' lending likely to rebound slightly

China's banks might have lent some US$95 billion in August, a 14% rise spurred by the government's injection of more money into the reeling Chinese...

Malaysia's budget expected to give emphasis on banking

The Association of Islamic Banking Institutions Malaysia expects the upcoming Budget 2013 to give special emphasis on consumers.

Bank Muamalat ups Q1 net by 41.6%

Bank Muamalat's increased its by net profit 41.6 per cent to RM45.2 million for the first quarter ended June

DRB-Hicom to keep Bank Muamalat stake

DRB-HICOM Bhd will not divest all its stake in Bank Muamalat Malaysia Bhd to Affin Holdings Bhd.