Retail Banking

Hong Leong Finance opens branch in South Bridge road

The new Hong Lim branch has wheelchair-friendly features such as ramp accessibility and lower service counters.

Hong Leong Finance opens branch in South Bridge road

The new Hong Lim branch has wheelchair-friendly features such as ramp accessibility and lower service counters.

Nomura Holdings to cut jobs in Japan

Nomura has plans to triple cost cuts to $1.2 billion after incurring its first quarterly loss.

DBS’ profit up 6% to an amazing SGD 762m

Liquidity remains healthy and with steady deposit inflows, loan-deposit ratio is at 84%.

ICICI Bank profit up 22% to $307.5mn

Yet rate increases by the central bank have started hurting demand for retail loans.

Bank Rakyat Indonesia to divest stake in Bank Agroniaga

The move will enable public shareholders to control 20 percent of Agroniaga.

Woori Finance net profit up 8.3% in Q3

Increased interest income and lower credit costs push Woori Finance's third-quarter earnings up 8.3 percent from a year earlier.

Taiwanese banks in the mainland post profits

Mainland branches of six Taiwanese banks gained profits of 30.47 million yuan or US$4.84 million, said Liu Mingkang, chairman of the China Banking...

China Everbright profit up 40.65% for first 3 quarters

China Everbright Bank's profit jumped 40.65 percent year on year to  14.15 billion yuan or 2.23 billion U.S. dollars for the first three quarters of...

RHB Bank beefs up Singapore operations with SG$350M capital fund

RHB Bank added SGD350 million to its capital fund for its Singapore operations, which contributes more than 90 per cent to its international profits...

MAS reprimands OCBC for its failed online and branch banking systems

OCBC’s busted as MAS found out that the bank did not implement sufficient measures to address single point of failure in its system and network...

China Construction Bank profit up 16% to $7.3bn

The figure fell short of analysts’ $ 7.72bn forecast.

China Merchants Bank nine month profit up 38% to $4.5bn

Earnings per share stood at 1.32 yuan In the same period.

Bank Central Asia and Pos join forces

The MOU paves way to provide banking services particularly to people living in remote areas not yet covered by BCA.

PSBank to raise $117.31mn for acquisitions

The move will strengthen the lender’s capital base.

DBS starts offering US dollar-based high-yield time deposit account

The product, minimum value of US$20,000, offers a one-year rate of 1.88%.

Bank of Communications third quarter profit up 31% to $1.9bn

Profit met the 11.9 billion-yuan median analysts’ estimate.

KB Financial third quarter profit soared six-fold to $519.2mn

Yet the results still fell short of analysts’ expectation.