Retail Banking

Reports of fat Vietnam bank profits inaccurate: inspectors

Central bank inspectors revealed that banks’ profit in Vietnam for 2011 was not as big as reported by many commercial banks.

Reports of fat Vietnam bank profits inaccurate: inspectors

Central bank inspectors revealed that banks’ profit in Vietnam for 2011 was not as big as reported by many commercial banks.

Five lenders eye shuttered Philippine bank

Five Philippine financial institutions remain interested in acquiring the assets of bankrupt Export and Industry Bank.

KB Financial shows interest on Woori

KB Kookmin Bank President Min Byung-duk reportedly met with the bank’s labor union and proposed making a bid for Woori if the employees are also in...

Indian government assails downgrade of banks

India vents its anger on the stunning downgrade of some of its larger banks by Fitch Ratings, Ltd.

Habubank-SHB merger enters 2nd of 3 stages

The merger of Habubank and Sai Gon-Ha Noi Bank is soon to reach the second stage of a three-stage process.

CIMB receives good response with Youth Savings Account

CIMB Bank Bhd's youth savings account, YOUth, has attracted 95,000 youth since its launch in June last year.

Mega Islamic banks to position Malaysia in global Islamic finance

Mega Islamic banks in Malaysia will serve the needs of the domestic economy and position the country as the benchmark in Islamic global finance, says...

Bank Al Habib maintains credit ratings

Bank AL Habib maintained its long term and short term entity ratings by the Pakistan Credit Rating Agency at “AA+” and “A1+”, respectively.

Nonghyup Financial awaits $865.9M government infusion

Nonghyup Financial Group recorded the lowest BIS ratio among Korean banks in May with 11.09 percent.

Malaysian Banks best in meeting customer expectations: Study

A study showed that Malaysian Banks met customer expectations better than any other group.

Sampath Bank leads the way in fund transfers

Sampath Bank registered the highest outward volume contribution and highest growth rate in SLIPS.

Bank of Ceylon records $7.53B balance sheet

Bank of Ceylon recorded Rs one trillion or US$7.53 biilion balance sheet at the end May, becaming the first corporate entity in Sri Lanka to do so.

Loan growth in Asia slows in 1Q12

Eight of twelve banking markets across the region saw decelerating loan growth which caused improving funding gaps in Asia.

Urban Co-op Bank set to merge with Cosmos Co-op Bank

Urban Co-operative Bank has been given a nod the by Odisha government to merge with Cosmos Co-operative Bank.

ING Direct: The vision, the strategy, the success

The Key to the Successful Launch of ING Direct

CIMB sees its Indonesia earnings surpassing that from Malaysia

CIMB predicts that its business in Indonesia will surpass that from its home base of Malaysia in profit before tax in three years.

Exportbank clients to start getting deposit insurance

Philippine Deposit Insurance Corp. will start paying depositors of Export and Industry Bank on June 19.