Retail Banking

Korea's savings bank pay fat salaries to execs despite losses

Korean savings banks pay their executives hundreds of millions of won per year despite losses and threat of insolvency.

Korea's savings bank pay fat salaries to execs despite losses

Korean savings banks pay their executives hundreds of millions of won per year despite losses and threat of insolvency.

National Bank Of Abu Dhabi expands in Malaysia

The National Bank of Abu Dhabi has opened its wholly-owned subsidiary in Malaysia to extend its expansion to 14 countries.

China considers DIS to mitigate coming bank failures

The souring economy is forcing China to hedge against bank bankruptcies.

Chinese banks to see lower profits this year

The banking sector could see a large drop in profits this year due to domestic and international financial turmoil.

Kumar is new RHB Group CFO

RHB Banking Group has appointed Prem Kumar as its new Group Chief Financial Officer.

Tamilnad Mercantile Bank promotes Murthy to Managing Director-CEO

Nagendra Murthy, erstwhile General Manager of the Credit Department of Tamilnad Mercantile Bank, has been named Managing Director.

Earnings of South Korean Banks nearly 15% down

Earnings of four major South Korean banks may have dropped nearly 15 percent on-year in the first half.

RMB trade settlements settled through HK

Eleven percent of China's trade in 1Q12 were RMB trade settlements that were mostly settled through Hong Kong.

Will China continue to benefit from Europe's financial turmoil?

Reports say that Chinese banks grabbed a third of global banking profits in 2011 as European banks retrench - but will this last?

Bank Mandiri targets more low cost funds

Bank Mandiri will focus on increasing its share of low-cost third-party funds such as savings and current accounts to 70 percent.

SBI eyes new clients by waiving minimum balance for savings accounts

The State Bank of India has done away with minimum balance criteria for saving banks account in order toattract new customers.

Chinese banks grab a third of global banking profits in 2011

Europe’s punishing financial turmoil has been good for China’s Big Four banks.

Banking in the New Age

Customer service in banking is one of the most important ways to keep customers coming back. It includes responding to customers’ questions and...

Malaysia's Maybank ready to incorporate retail ops in Singapore

Maybank is prepared to locally incorporate its retail operations in Singapore according to the city state’s government requirement.

Singapore to force foreign banks to incorporate locally

Foreign banks in Singapore holding large deposits may be forced to incorporate their retail operations locally.

Jamil appointed new DMD for United Commercial Bank

Mohammad Shawkat Jamil has been promoted as the deputy managing director of United Commercial Bank.

Operational leadership in retail banking – The last frontier for profits

Leadership, a clear and consistent message, and employee involvement are the keys to productivity in the workplace.