Retail Banking

Indonesia's BTN ups profit by 63% in H1

riven by rising loan demand, Bank Tabungan Negara's profit jumped 63 percent in the first half of the year.

Indonesia's BTN ups profit by 63% in H1

riven by rising loan demand, Bank Tabungan Negara's profit jumped 63 percent in the first half of the year.

CIMB Group's net profit reaches a record RM2.120b in 1H12

Thanks to the strong growth at CIMB Niaga and CIMB Singapore and outperformance at Corporate Banking and Treasury Markets.

State Bank of India strives to stave off bad debt tsunami

Bad debts sour the outlook for India’s largest lender despite a 138% rise in net profit in the three months ended June 30.

Thailand's Kasikorn Bank customizes services for Chinese customers

Kasikorn Bank plans to offer Chinese-language forms and documents, Chinese-speaking call center and a number of Renminbi-based transaction services.

Commonwealth Bank of Australia posts $7.43B profit

The Commonwealth Bank of Australia bucked uncertain business environment to push its profit up 11 percent from last year to US$7.43 billion.

Check out how DBS, OCBC, and UOB fared in 2Q12

Analysts' optimism for the sector is dampened as signs of slowing revenue growth in 2Q raise concerns.

Is South Korea's banking industry headed for a breakdown?

Find out what Fitch Ratings has to say following various reports of South Korean banks' falling profits, cautious lending, and other anomalies.

Bank Negara Indonesia to partner with 46 Japanese banks

BNI is looking to partner with 46 Japanese regional  operating in Indonesia within the year.

Thai banks compete for deposits

Thailand's commercial banks are fiercely competing for deposits as lending expanded 14.2 percent in the second quarter against 10.1 percent year-on...

Malaysia's CIMB to expand in Laos through Thai unit

CIMB Group will expand in Laos through its Thai unit as the two countries share a historical and trade relationship.

Thai banks say liquidity is sufficient

Thai banks are cool to Finance Minister Kittiratt Na-Ranong's advice to recapitalise as many of them have built up reserves aggressively in the past...

CIMB Thai woos retail clients with new deposit structure

CIMB Thai Bank is adjusting its deposit structure to expand the number of retail customers.

India's central bank orders removal of ‘no-frills’ tag

The Reserve Bank of India asked banks to replace the term ‘no-frills’ accounts into ‘Basic savings bank deposit accounts.

RCBC's income up 35% to $71.9M

Rizal Commercial Banking Corp.'s income grew 35 percent year-on-year in the first semester to P3.01 billion or US$71.95 milllion.

Moody’s lauds Philippine regulations encouraging mergers

Moody’s expects regulations encouraging consolidations in the smaller sector of the Philippine banking industry to improve the credit standing of big...

India seeks clarification of HSBC, Stanchart's Iran transactions

Indian agencies are gathering all details about lapses by HSBC and Standard Chartered's outsourcing jobs in complying with money laundering and...

Vietnam allows banks higher lending targets to spur growth

Vietnam's central bank has allowed lenders to raise their credit growth targets up to 27 percent from a cap of 17 percent.