Retail Banking
Westpac profits faces threat from struggling unit
Analysts doubt on the lender’s ability to maintain its profit growth momentum, after the bank revealed a spike in mortgage arrears.
Westpac profits faces threat from struggling unit
Analysts doubt on the lender’s ability to maintain its profit growth momentum, after the bank revealed a spike in mortgage arrears.
China's central bank to enhance short-term bills release
The PBOC may defer its issuance of three-year central bank bills in its open market operations this week as it didn't ask lenders to report for the...
OSK Research: CIMB lukewarm over RHB merger
CIMB is said to be "lukewarm" towards a merger with RHB.
China Everbright Bank expects July listing in Hong Kong
China Everbright Bank Co. is expected to list at the Hong Kong Stock Exchange as early as mid-July.
BIDV gets green light to increase chartered capital
The State Bank of Vietnam on June 8 issued a Document No 4430/NHNN-TTGSNH allowing the Bank for Investment and Development of Vietnam to increase...
Bank of China gets nod to bring CNY back to Mainland
Move is part of China’s scheme of globalizing the currency as many Chinese and foreign businesses tapping Hong Kong's burgeoning market for renminbi...
Woori and BoCom join forces
The strategic alliance of two lenders enables parties to cross-sell products, step up global co-operation and sharing of information among the two...
Ex-chief of Korea's financial regulator quizzed over bank scandal
A former top financial regulator was questioned for his alleged involvement in Korea's savings bank scandal.
PNB raises P6.5 B from sale of debt notes
Philippine National Bank raised P6.5 billion by selling 10-year debt notes qualifying as tier 2 or supplementary capital.
TienPhongBank sees profit double in Jan-May
TienPhonBank obtained VND139 billion in pre-tax profits in the first five months of the year, doubling the figure in the same period last year.
Commonwealth Bank mulls offering $5.37bn covered bonds
The lender immediately wants to test the market once new laws that seeks to clear the way for Australian lenders to issue covered bonds is passed.
Bank of Ayudhya denies reports it is in talks with RHB
RHB eager to buy Thai banks to take advantage on the robust growth in the country's banking sector.
RHB ready to deal with CIMB, Maybank
RHB Capital has received permission from Bank Negara to negotiate with CIMB Group and Maybank on merger plans.
Mitsubishi to strengthen alliance with CIMB
Mitsubishi USJ Financial Group Inc plans to strengthen its capital alliance with CIMB group to boost its banking business in South-East Asia.
Woori Finance ties up with China's Bank of Communications
South Korea's Woori Finance has signed a preliminary agreement for strategic partnership with China's Bank ofCommunications.
China to overtake US as biggest banking economy by 2023—PwC
Experts expect domestic banking assets to exceed US$30 trillion by 2030.
SBI recruits for 1,000 positions in rural areas
The move seeks to strengthen position in rural areas following the management’s dissatisfaction of the lender’s progress in these areas.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
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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