Retail Banking

Debt threat: Top 5 Chinese banks face massive bad debts

Shares of China's five biggest banks lost an average 22% in 2011 on concerns that a record two-year credit boom may unravel and lead to rising bad...

Debt threat: Top 5 Chinese banks face massive bad debts

Shares of China's five biggest banks lost an average 22% in 2011 on concerns that a record two-year credit boom may unravel and lead to rising bad...

ABC to enhance cooperation with MBA schools and banks to develop talents

ABC wil deepen its cooperation with Ivey Business School and Bank of Montreal to develop talents, according to Mr. Zhang Yun, President of ABC.

KEB told to fire Lone Star board members

South Korea's financial watchdog advised KEB to dismiss four board members from Lone Star Funds due to stock manipulation.

Agrobank eyes agriculture downstream activity

Agrobank Bhd is eyeing growth in downstream activities in the agriculture sector as part of its strategy in diversifying loan portfolio for next year...

Merged bank named Saigon Commercial Bank

Ficombank, Tin Nghia Bank and Saigon Commercial Joint Stock Bank passed a resolution to name the joint merger bank as ‘Saigon Commercial Bank’.

Lone Star's eligibility as KEB owner scrutinized

Lone Star's qualification to hold more than a 4 percent stake in Korea Exchange Bank is under review.

Bank Mandiri earmarks $439M for the holidays

Bank Mandiri allocated US$439 million for its customers' needs during Christmas and New Year.

What you need to know about Indonesian banks

Fitch expects lower but still healthy loan growth in 2012 - but how healthy is it?

HSBC sells private banking unit in Japan to Credit Suisse

This is part of HSBC's strategy to cut $3.5b annual costs.

Malaysia to permit more foreign bank ownerships

The country seeks to triple its financial sector by the end of this decade.

Sacombank to sell 15% stake to Credit Suisse in January

Vietnamese banks are indeed looking to foreign investors for capital support.

AMMB Holdings to buy Kurnia Insurans

But it is yet to have the central bank and finance ministry's approval for the bid.

HSBC to sell its Japanese private banking business

But to which company will HSBC be selling it to?

What you need to know about Singapore banks

So loan growths are expected to moderate significantly in 2H12, but which bank remains a relative outperformer in uncertain times?

Malaysia facilitates entry of Indonesia's Mandiri

Requirements have been relaxed for Indonesia's state-run Bank Mandiri to operate in Malaysia by the end of next year.

India may sue HSBC over black money

The Indian government may sue HSBC for persuading their executives to stash undeclared money in a Geneva branch.

ABBank posts pretax profit of $18.6M in Jan-Nov

ABBank reported a pretax profit of VND391.3 billion or $18.6 million in the first eleven months of the year.