Retail Banking

Asian banks to be mired in FATCA’s worrisome regulations

Asian banks will have to brace for financial concerns, operational burden, and data privacy dilemmas brought about by FATCA - but these are not the...

Asian banks to be mired in FATCA’s worrisome regulations

Asian banks will have to brace for financial concerns, operational burden, and data privacy dilemmas brought about by FATCA - but these are not the...

India wants far stronger banks

The tough liquidity ratios that allowed India’s banking system to withstand the worst of The Great Recession will get even tougher.

Permata Bank posts stellar income

Bank Permata reported an increase in profit last year as loan demand by Indonesian consumers and corporations rose and the economy grew.

CIMB Niaga boss sees bankers profiting in Indonesia's golden years

CIMB Niaga's president director Arwin Rasyid says Indonesia is in its “golden years” and lenders will benefit.

Perilous situation: More bad loans face Chinese banks

The souring Chinese economy continues to dent the bottom line of Chinese banks.

Graph of the Week: Higher credit costs to hit Hong Kong in 2012

Blame it on lower global economic activity, weakening domestic property markets, and higher inflation.

Worries over funding costs in Hong Kong loom in 2012

Given the challenges in credit growth and deposit, Fitch warns of some increase in funding costs.

OCBC reports rosy results

The Oversea-Chinese Banking Corporation Ltd, Singapore’s largest local bank by market capitalisation, has reported encouraging operating results for...

NamA Bank classified as having average operations

NamA Bank has been categorised in the Group 2, among banks with average operations, by the State Bank of Vietnam.

Bangladesh's current account shows more surplus in December

Bangladesh's current account balance recorded more surplus in December due to more remittance inflow and increase in export.

CIMB's keeps focus on Asean amid RBS acquisition plan

CIMB Group’s Asian expansion plan will not be significantly impacted by its purported acquisition of Asian assets of the RBS.

IBK's earnings dip 73 % to $33M in Q4

Increase in loan-loss provisions caused IBK's fourth-quarter earnings to go down by 73 percent from one year ago.

Bank Islam's junior scheme well received in Sabah, Sarawak

Bank Islam elicited encopuraging response in Sabah and Sarawak for its Al-Awfar Junior savings account for young customers.

FATCA set to be a burden to Asian banks

As the US pushes for stricter regulations to avoid tax evasion, Asian banks are forced to follow implementation and remediation requirements by 2015...

A small victory for the Chinese bank depositor

The lowly depositor has taken one small step towards getting more respect from Chinese banks.

Danamon`s profit up 16% in 2011

Bank Danamon increased its consolidated profit by 16% to Rp3.34 trillion in 2011from Rp2.88 trillion in 2010.

Moody's issue stable credit ratings for Sacombank

Moody's announced credit ratings for HCM City-based Sacombank. It assigned ratings of B2 (not-prime) to Sacombank's long- and short-term foreign...