Retail Banking
BoCom appointed to handle US$3.1bn dim sum bond issue
China Ministry of Finance to sell the bonds to institutional investors on Aug 17.
BoCom appointed to handle US$3.1bn dim sum bond issue
China Ministry of Finance to sell the bonds to institutional investors on Aug 17.
China Merchants Bank increase 1st half profits by 40%
China Merchants Bank's first-half profits increased 40.12 percent year-on-year to 18.5 billion yuan or US$2.87 billion.
Affin cancels plan to buy Bank Ina Perdana
Concern on Indonesia central bank’s latest policy prompted the Malaysian lender to halt the bid.
12 Taiwanese domestic banks eye $333.33mn profit
Only six local lenders made it to the NT$10 billion (US$333.33mn) club last year.
CIMB targets 30% surge in BdC currency exchange business operations
In collaboration with Malaysian travel agent, a new service is eyed to provide boost in its BdC operations.
Malaysia central bank’s foreign reserves up $800mn
Figure enough to fund 9.6 months of retained imports and was 4.5 times the short-term external debt.
State Bank of India names 2 new directors
Officer of Ministry of Finance and deputy governor of Reserve Bank of India has been appointed as directors.
Stanchart makes 97% compliance on 8-minute service pledge
More than 97% of Standard Chartered Bank customers in Vietnam were served within less than eight minutes since the initiative was implemented in July...
BS Financial's H1 net reaches 225.8B won
BS Financial Group Inc., the holding company of regional lender Busan Bank, said Monday its net profit came to 225.8 billion won in the first half of...
HSBC appoints Paul Arrowsmith as Head of Retail Banking and Wealth Management
He will be reporting to Alex Hungate, General Group Manager and CEO in Singapore.
Kyungeun Savings Bank suspended for six months
South Korea's Financial Services Commission suspended the operation of a local savings bank for six months, citing its capital shortage, according to...
CIMB bolsters India-Asean business flow
CIMB will be looking at investment opportunities for Malaysian and Asean companies to invest in India and vice-versa.
Depositors demand money from collapsed Indian bank
Hundreds of depositors gathered outside the Veershaiva Co-operative Bank's branch in Andheri in north Mumbai to demand their money back after the...
Banking operations in India hit by nationwide strike
Most banking transactions across India were affected by strikes of some one million staff.
Maybank eye RM2.5B deposit growth with new campaigns
Maybank is aiming for least a RM2.5 billion deposit growth from the new Save & Win Campaign and online savings account called M2U Savers, to...
Indonesia central bank mulls limiting bank ownership
The move aimed to promote good corporate governance and strengthen control of local banks.
Siam Commercial offers income tax payments through credit card
The service will ease payment of SME owners and will allow the lender to expand customer base and product cross-selling.
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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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