Retail Banking

Thailand's KBank partners with Indonesia's BCA

Thailand's Kasikornbank has teamed up with Indonesia's Bank Central Asia in offering financial services to Thais doing business in Indonesia.

Thailand's KBank partners with Indonesia's BCA

Thailand's Kasikornbank has teamed up with Indonesia's Bank Central Asia in offering financial services to Thais doing business in Indonesia.

India's LIC eyes Malaysia, Singapore expansion

India's LIC Housing Finance Ltd, is looking to expand in Malaysia and Singapore as it seeks to increase its overseas presence.

Richest Pakistani eyes foray in Indian banking

Mian Mohammad Mansha is keen about providing banking services in India.

Mandiri wants bigger role in ASEAN market

Bank Mandiri will continue to make innovations in business development to become one of Southeast Asia's major banks.

Report shows Chinese banks lack transparency

Transparency International ranked Chinese banks at or near the bottom of a list of 105 international firms ranked for transparency.

Agricultural Bank of China VP Yang Kun resigns

The Agricultural Bank of China announced that its vice president Yang Kun has resigned.

CIMB withholds buying RBS India assets

CIMB will not proceed with plans of acquiring RBS India assets due to "unexpected" legal hurdles.

New Zealand banks profitable despite Euro crisis impact

New Zealand's banks managed to retain profits despite less investments caused by the European crisis.

S Korean Banks expected to net lower profits in 2Q

South Korean banks are expected to suffer sharp decline in second-quarter net profit.

New Malaysian bank eyes $785M in transactions

India International Bank Malaysia Bhd aims to record RM2.5 billion or US$785 million in loans and deposits in the next three years.

Dena Bank eyes 20-25% credit growth

The deficit caused by rainfall has not caused any major worry on credit offtake for Dena Bank, although it could be a problem if it worsened.

How will foreign banks' local incorporation affect Singapore's banking industry?

Foreign banks are now forced to decide whether to further commit to the Singaporean market and compete with domestic banks neck-to-neck, says ADB.

Pawnshops, stores to offer banking services in the Philippines

The Philippine central bank mulls making sari-sari stores, payments centers and other store-like facilities banking conduits.

Surprise Chinese banking rate cut continues to backfire

Fears spread as the Chinese central bank recently reduced its main lending rate by 0.31 percentage points to 6%.

Net drops 57% as lending grows for Indonesia's Bank Mutiara

Bank Mutiara's net profits fell 57 percent to Rp 86 billion or US$9 million in the first semester.

Nepal's Mega Bank to form alliances with other Asian banks

Mega Bank has announced a plan to enter into strategic alliance with leading banks in South Asia and other Asian countries within next five years.

Number of Thai banks may be reduced

The number of Thailand’s banks may shrink from 14 to as few as five.