Retail Banking

ING Vysya Bank offers new fixed deposit scheme

ING Vysya Bank is now offering an interest rate of up to 9.5 per cent per annum for one-year deposits.

ING Vysya Bank offers new fixed deposit scheme

ING Vysya Bank is now offering an interest rate of up to 9.5 per cent per annum for one-year deposits.

Allahabad Bank targets 21% growth

Allahabad Bank has set a business growth target of 21.39 percent by end of the current fiscal.

BSN's new service helps bring deals worth $15.8M

BSN posted over 600,00 transactions nationwide worth RM50 million or US$15.8 million since introducing its Banking Beyond Branches service in January...

China's first tech-focused bank to open in Shanghai

The first bank in China focusing on technology companies will start operating in July.

Pakistan's central bank wants more focus on SMEs

State Bank of Pakistan Governor Yaseen Anwar wants banks to prioritize SME banking and ensure the uninterrupted flow of finances to SMEs.

Competition for deposits heats up in Asia

Find out how banks wage war for deposits in Singapore, South Korea, Hong Kong, and Indonesia.

What keeps Singapore banks the world’s strongest?

Reports say that OCBC, UOB, and DBS lead Bloomberg’s ranking of the world’s strongest banks - what could be the key to their success?

Hong Kong banks' loan-to-deposit ratios remain elevated

Foreign currency LDR remained high at 53.1%, on the back of US$- and CNH-denominated loan demand, says Barclays.

China's 'city commercial banks' post good results in 1Q12

The banks recorded total assets of US$1.62 trillion with deposits at US$1.1 trillion during the first quarter.

Pan resigns as Agricutural Bank of China VP

Agricultural Bank of China's vice president Pan Gongsheng has resigned "in line with the need of state financial work".

Indian banks strive to meet Basel III

Indian banks are scrambling to raise the massive capital needed to comply with both Basel III and their own expansion plans.

Korean banks eye customers from overseas

Korean banks are luring foreign customers as a consequence of an increasing number of workers from abroad and marriage immigrants.

BNI profits up 23%

Higher income from interest and transaction fees pushed BNI's first quarter net profits up by 23 percent.

Eximbank to sue Kookmin Bank over Sungdong

The Export-Import Bank of Korea is suing KB Kookmin Bank over the latter's withdrawal from Sungdong Shipbuilding and Marine Engineering.

Mixed growth for China’s banking industry in 2011

Total assets of China's banking sector jumped 19% year-on-year to US$16.8 trillion in 2011, said the People's Bank of China (PBOC), the central bank...

Taiwan's banks cheating customers in interests: legislator

Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.

Another Korean savings bank fiasco looming

South Korea's financial regulators have begun sorting out 94 savings banks which survived the previous three rounds of expulsions.