Retail Banking
Regulator: 1,696 Chinese towns still lack banking services
Banking services were still absent in 1,696 remote towns and townships at the end of 2011.
Regulator: 1,696 Chinese towns still lack banking services
Banking services were still absent in 1,696 remote towns and townships at the end of 2011.
ANZ to expand own brand in Vietnam
ANZ will sell its 9.6 per cent stake in Sacombank to another Vietnamese lender, Eximbank.
Shinhan to give more weight stability over growth
The lender targets 4% growth in 2012 after reaching 7% last year.
Hana eager to quickly close Lone Star deal
The U.S. fund may drop out of the contract if regulators fail to approve deal by the end of February.
Closed Philippine rural banking system opens to foreign investments
A recently passed bill will allow non-Filipinos to buy and own up to 40% of a rural bank’s authorized capital stock.
Mainland Chinese banks gear up to invest in Taiwan banks
But the question is, who will be the first to do so?
UCO Bank auctions non-perfroming assets next week
UCO Bank will open the auction for sale of Rs.3 to 4 billion non-performing assets next week.
StanChart to hire more in Asia
Standard Charetred Bank will continue to hire this year in Asia, according to the Asian head of Standard Chartered Plc Jaspal Bindra.
Taiwan banks upbeat with new China ties
Banking ties with China may boost Taiwan's banks this year amid an overcrowded home market and a global economic environment that could reduce their...
Taiwan's Hua Nan seeks 20% stake in Fujian Haixia Bank
Hua Nan Financial is seeking a 20 percent stake in Fujian Haixia Bank, in what would be the first direct banking investment between Taiwan and China...
How will the EU crisis affect Asian banks in 2012?
Macquarie Securities' Ismael Pili and HSBC’s Noel Quinn reveal their outlook for the Asian market in 2012.
South Korea's top banks brace for lower profits in 2012
This year won’t be a happy one for the bottom line of South Korea’s major banks.
Cathay United Bank strikes deal with China Development Bank
Part of the MOU is to further efforts to carry out personnel training to further boost business exchanges between lenders.
ANZ Bank mulls offering debut covered bond sale in euros
The issue became possible after an amendment to Australia’s Banking Act allowing the country’s banks to offer covered bonds.
Sumitomo Mitsui banks on U.S. Treasuries for profits
Running short of viable investment options, Japan’s Sumitomo Mitsui Financial Group will continue investing in U.S. Treasuries to boost profits.
Bank Sarasin appoints 3 senior executives in Asia
The bank beefs up market focus on China and Southeast Asia with key promotions in Hong Kong and Singapore.
Sumitomo Mitsui Financial Group to buy European lenders' assets
Japan's second biggest bank received $90b in offers from European banks.
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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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