Retail Banking

RBI left to decide on Maharashtra State Cooperative Bank case

It depends on the Reserve Bank of India whether or not to make any further investigation into financial irregularities at the Maharashtra State...

RBI left to decide on Maharashtra State Cooperative Bank case

It depends on the Reserve Bank of India whether or not to make any further investigation into financial irregularities at the Maharashtra State...

Vietnam's loan growth and system leverage

Loan growth moderated to 10.9% in 2011, about half the government's target of 20%, according to Standard & Poor's.

What can we expect from China's amended reserve regulation?

China's Ministry of Finance recently revised its general banking risk reserve norm to at least 1.5% from the current 1% - will this be a boon or a...

South Korea tries to sell Woori again

Bidders interested in acquiring a majority stake in government-owned Woori Finance Holdings have until July 27 to do so.

Temasek “rebalances” investments in China’s Big Four banks

Singapore's sovereign-wealth fund Temasek Holdings has invested more in China’s largest bank at the expense of two other Big Four banks.

CIMB buys Philippines’ Bank of Commerce

CIMB Group Holdings Bhd., the largest company on Bursa Malaysia, has taken control of Bank of Commerce, an affiliate of San Miguel Corporation.

Malaysia's CIMB acquires 60% of Philippines' Bank Of Commerce

CIMB acquired 60 percent of Bank of Commerce of the Philippines for US$288 million.

Strong demand for PNB tier 2 notes

Philippine National Bank has raised US$82.8 million to finance asset growth and to allow it to maintain a strong capital base.

South Korea shuts down four savings banks

Failure to meet financial-strength standards proves fatal for four South Korean savings banks.

Sri Lanka's Union Bank pre-tax profit up 28%

Union Bank reported an operating profit on ordinary activities before tax of Rs. 158.6 million.

Suspended Korean savings banks raided over alleged irregularities

Prosecutors have raided four savings banks to investigate alleged irregularities that led to their suspension a day earlier.

Woori union opposes privitization

The labor union of Woori vowed to launch a general strike if the government continues plans to sell it to another banking group.

RHB Bank anticipates 10-12% loan growth

RHB Bank acting director, Vince Au Yoong, is confident that the loans sector will continue to grow but will see a slightly lower margin compared with...

Singaporean banks are the world’s strongest

Two Singaporean banks lead Bloomberg Markets’ second annual ranking of the world’s strongest banks.

Baroda hopes to maintain net interest margin at 3.41-3.61 %

Bank of Baroda hopes to achieve a net interest margin in the range of 3.41-3.61 percent in the current financial year.

Vijaya Bank focuses on low-cost deposit base

Vijaya Bank will focus more  on increasing its low-cost deposit base as it aims a 20 percent growth in overall business.

Chinese banks gear-up for massive foreign expansion

It’s only a matter of time before China’s banks venture overseas in large numbers to support Chinese businessmen around the globe.