Retail Banking
Tougher banking rules boost banking safety in China
Rating agency Standard & Poor’s applauds China’s amended reserve regulations.
Tougher banking rules boost banking safety in China
Rating agency Standard & Poor’s applauds China’s amended reserve regulations.
Bank Pembangunan's pre-tax profit up 23%
Bank Pembangunan posted a pre-tax profit of RM618 million for the financial year ended Dec 31, 2011.
HDFC Bank exceeds expectations with Q4 profit of $282M
HDFC Bank exceeded analysts' expectations with a 30.3 percent rise in fourth-quarter net profit of US$282 million or Rs 1453.
Is forcing bank mergers the solution to Vietnam's credit crisis?
BBVA warns weak banks should first be recapitalized by the government before being merged.
Palm reading ATMs to debut in Japan
A new technology literally places the security of your deposits in the palm of your hand.
Temasek ups investment in Chinese banking industry
Singapore’s sovereign wealth fund casts a huge vote of confidence in China’s economy.
Chinese banks still burdened by tight liquidity
Cuts in required reserve ratios are not enough to fully offset the tighter liquidity conditions, says BBVA.
Malaysia's AFB to implement corporate banking model in Indonesia, Philippines
Asian Finance Bank staged a turnaround for its financial year ended Dec 31, 2011, said CEO Datuk Mohamed Azahari Kamil.
IOB eyes 16-18% credit growth
IOB is eyeing a credit growth of 16-18 percent and deposits growth of 18-20 percent in the current financial year.
HSBC wants more business in India
India is on the top of HSBC's mind but laments the restriction of opening branches.
CIMB, RBS confirms business cooperation
CIMB and RBS confirmed their mutual understanding to cooperate in various areas of business through a cooperation agreement.
Indonesia wants reciprocity in Singapore operations
Indonesian banks should be given equal treatment in operating in Singapore as a condition for the approval of DBS Bank’s bid for Bank Danamon.
Maybank looking to bid for Philippine Islamic bank
Maybank may bid for Al Amanah Islamic Bank of the Philippines, who is looking to sell a 49% to 100% stake.
RHB Capital expects to begin Indonesia banking this year
A Malaysian financial group remains undeterred by Indonesian moves to cap foreign ownership in its banks.
ING Commercial Banking Asia expands into Vietnam
It will open a representative office in Hanoi on May 7.
Panin Group sees no Bank Panin sale this year
Panin Group does not expect to sell its controlling 46 per cent stake in Bank Pan Indonesia this year due anticipated strong growth.
Panin Bank hopes to boost capital by $272.9M
Panin Bank hopes to raise as much as US$272.9 million from the financial markets to strengthen its capitalization.