Retail Banking
SMBC ups investment in Indonesian infrastructure agency
Japan’s second largest bank in assets is putting its money on Indonesian infrastructure projects.
SMBC ups investment in Indonesian infrastructure agency
Japan’s second largest bank in assets is putting its money on Indonesian infrastructure projects.
United Bank of India to open office in Myanmar
A more business friendly environment in Myanmar convinces the United Bank of India to do more business there.
BRICS to establish own bank
Brazil, Russia, India, China and South Africa are ready to establish a development bank for investment risk-sharing.
Will CIMB finally break into Philippine banking?
According to recent reports, CIMB is to acquire a 60% stake in Bank of Commerce - but will it succeed?
BoCom to replenish depleted funds
Shanghai-based Bank of Communications intends to offer the world’s largest share sale since May 2011.
SPD Bank ups profits by 42%
Rising net interest incomes, commissions and lower operation costs pushed the earnings of Shanghai Pudong Development Bank up 42.28% year-on-year.
State Bank denies rumors of SHB's takeover of Habubank
Tthe State Bank of Vietnam stated that it has not received any report on the SHB’s proposal to buy Habubank.
DBS Indonesia's net profits surge 74.4 % to $41.8M
PT Bank DBS Indonesia posted a 74.4 percent increase in net profits to Rp 384 billion or US$41.8 milion in 2011.
West Java's Bank BJB grows lending by 21.5% to $3.13 B
Bank BJB’s lending grew by 21.52 percent last year to Rp 28.76 trillion or US$3.13 billion.
Azzabin is new CEO of Al Rajhi Bank
Al Rajhi Bank has appointed Suliman AbdulAziz Azzabin as chief executive officer.
Bank Mega books over $109M net income despite sanctions
Bank Mega's net income went up 12 percent from the previous year to more than a Rp 1 trillion or US$109.3 million.
Survival of the fittest for Vietnam’s weakest banks
Vietnam’s small and weak banks face a grave situation that will soon become worse.
Vietnam's WesternBank posts US$7.6 M pre-tax profit
WesternBank pre-tax profit increased by 148 percent year-on-year to VND161 billion or US$7.6 million.
Khazanah Nasional takes a huge chunk of CIMB Group
Malaysia’s Khazanah Nasional triples its ownership in CIMB Group Holdings Bhd, one of Malaysia's leading banks.
Sri Lanka's NSB posts 16% deposit growth
The National Savings Bank recorded a 16% deposit growth in 2011, with its deposit base surpassing the Rs. 400 billion or US$3.2 billion mark.
Techcombank's 2011 profit up 53% to $200M
Techcombank posted a US$200 million in 2011, an increase of over 53 per cent over 2010.
FATCA triggers concerns on government-to-government reporting
Some European countries already agreed to report to their own government agencies rather than direct to the US government - will Asia follow suit?
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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