Retail Banking
StanChart First Bank reopens 5 of 42 branches
Standard Chartered First Bank resumed operations of five of its 42 branches that were temporarily closed due to a labor strike over its salary system...
StanChart First Bank reopens 5 of 42 branches
Standard Chartered First Bank resumed operations of five of its 42 branches that were temporarily closed due to a labor strike over its salary system...
RHB withdraws appointment of Viegas as Managing Director
RHB Banking Group has withdrawn its application to Bank Negara for Renzo Viegas’ appointment as the managing director of RHB Bank Bhd.
RHB delays pursuit of Bank Mestika
RHB Capital has put on hold its application to acquire Indonesia's PT Bank Mestika Dharma amid Bank Indonesia's plans to limit single-party ownership...
Founder Sec to buy $234M stake in Shenjing Bank
Founder Securities will pay up to 1.5 billion yuanor $234 million for a stake in Shenjing Bank in northeastern China.
Maybank gains from concentrating on domestic growth
The lender’s strong deposit franchise seen as an advantage if funding remained tight.
State Bank of India seen to release overseas bonds
Yet the lender denied issuing a proposal to raise $5bn via offshore loans by December.
EastWest Bank targets 2012 IPO
Yet the realization of the move still depends on the health of US and European economy.
Commonwealth Bank half year profit up 11% to $28.8mn
The lender seen to weather economic storms as it continues to maintain strong capital and liquidity ratios.
JP Morgan Treasury Services appoints Southeast Asia and Australia senior executives
Abdul Raof Latiff, Hooi Ching Wong, and Nadia Schiavon are expected to strengthen the company’s ASEAN team.
Westpac starts $1bn campaign to boost business
The bank intends to lend one billion dollars to local businesses in the next six weeks with perks and incentives.
ANZ gears up to buy Aozora Bank
The lender believes Japan offers opportunities for the group as the Japan’s hefty savings could help transform the Australian bank's structural...
Central Bank of India launches special deposit product
‘Cent Double’ scheme will give an annualised yield of 13.33%, valid between September 1 and December 31.
Westpac posts sluggish private credit growth
The lender’s senior economist said the 0.2% growth as "sub-par".
RBS Seoul cautioned for breaching banking rules
RBS Seoul was found brokering transactions between its London headquarters and a local asset manager worth 60 million U.S. dollars without a required...
Laos' BCEL experiences increased net profits
Banque Pour Le Commerce Exteriour Lao Public have experienced an increased net profit from 92.2 billion kip last year to 156.1 billion kip in the...
Thai banks have limited overseas exposure
Local lenders enjoyed 35% revenue rise in the first half of this year amidst global economic woes.
India urges lenders to restructure SME loans
The move comes at a time when several MSME units are struggling to service loans.
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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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