Retail Banking

Fitch gives Andhra Bank a negative outlook rating

Fitch revised Andhra Bank's outlook to negative.

Fitch gives Andhra Bank a negative outlook rating

Fitch revised Andhra Bank's outlook to negative.

Japanese invade Aussie banking industry

Three of Japan’s largest banks have begun a campaign to conquer at least 10% of Australia’s lucrative banking industry.

Citi to cut about 100 jobs in India

Citigroup Inc. will cut about 100 jobs in India while reiterating that the country remained among its highest priority markets.

Fitch revises Allahabad Bank's outlook to stable

Fitch Ratings has revised the outlook on Allahabad Bankto Stable from Positive.

South Indian Bank posts 36% rise in net profit

 South Indian Bank reported a 36% net profit increase to Rs 102 crore in the quarter till December 2011.

Punjab National's total business reaches Rs 6.21 lakh crore

Punjab National Bank revealed that its total business reached Rs 6.21 lakh crore at the end of the third quarter of fiscal 2011-12.

Bank of Ceylon to expand premier banking services

Bank of Ceylon will expand its Premier Banking network.

New directors appointed for CIMB Bank, CIMB Islamic

CIMB Group announced the appointment of new directors at CIMB Bank and CIMB Islamic Bank.

Chairman denies knowledge of plans to sell Bank Muamalat

The chairman of Bank Muamalat is unaware of plans to sell his bank to finance a stake in Proton Holdings.

DaiABank triples pretax profit in 2011 with VND502B

DaiABank announced a pretax profit of VND502 billion in 2011, up 300% on year.

LienVietPostBank posts VND1.1T pretax profit, up 45%

LienVietPostBankc announced a pretax profit of VND1.1 trillion as of Dec 31, 2011, up 45% from last year.

DongA Bank's pretax profit up 46.3% in 2011 VND1.255T

DongA Bank's pretax profit increased 46.3% to VND1.255 trillion in 2011.

PG Bank posts VND608B pretax profit in 2011

PG Bank reported a pretax profit of VND608 billion in 2011.

GRGBanking clinches US$66.5m deal from Bank of China

BOC has awarded contracts to GRG Banking Equipment Co Ltd for new automated teller machines and ATM management software.

Banks anticipate weaker Chinese economy

Foreign banks and the Chinese government brace themselves for the inevitable economic slowdown.

AgBank and CCB appoint chairmen

Reshuffle in China’s financial leadership brought about appointment of Jiang Chaoliang as Agbank chair and Wang Hongzhang as CCB chairman.

KB Financial not interested in taking over Woori Financial

The group prioritises on securing the sufficient capital adequacy this year amid eurozone debt crisis.