Retail Banking
VietABank issues short-term CDs in gold and dong
VietABank issued short-term certificates of deposit in gold and dong for terms of 1-11 months.
VietABank issues short-term CDs in gold and dong
VietABank issued short-term certificates of deposit in gold and dong for terms of 1-11 months.
Hana Bank eyes Vietnam prospects
Kim Jeong-tae, Hana Bank president, expressed his interest in launching operations in Vietnam and he met with senior Vietnamese financial officials.
Sacombank's Laos branch changes operation model
Sacombank is pondering about changing the operation method for its branch in Laos.
KDIC set to sell 7 ailing savings banks
Korea Deposit Insurance Corp. plans to begin the bidding process for seven suspended savings banks this week as part of efforts to restructure the...
KEB Q1 earnings down 46.4%
Korea Exchange Bank's first-quarter earnings plunged 46.4 percent from a year earlier due to one-off costs and increased loan-loss reserves.
Moody's upgrades EON Bank
Moody's upgraded EON Bank Bhd's foreign currency long-term/short-term deposit ratings to A3/P-1 from Baa2/P-3.
Bank of China taps Cambodian market
Bank of China started operating its Phnom Penh Branch, making it the first lender from China in Cambodia. It also became the Kingdom's 30th...
Bangkok Bank reports first quarter net profit of Baht 6.6 B
Bangkok Bank has recorded a consolidated net profit for the first quarter of 2011 of Baht 6.6 billion.
Krung Thai Bank net profit up 79%
Krung Thai Bank's profits in the first quarter of 2011 is up 79% to 5,489 million baht.
VietinBank intensifies team up with Italy’s largest bank
VietinBank signed a deal for increased cooperation with UniCredit S.p.A., the biggest bank in Italy.
Vietcombank joins Italian group in supporting corporate clients
Italian banking group Intesa Sanpaolo and Vietcombank have signed a mutual agreement aimed at supporting corporate clients in developing...
Hong Leong-EON merger produces Malaysia's fourth largest
Hong Leong Bank Bhd has acquired EON Capital Bhd's assets and liabilities for RM5.06 billion.
Cathay Bank's Chu Lai branch to raise chartered capital
Cathay United Bank's Chu Lai branch may hike its chartered capital after The State Bank of Vietnam governor Nguyen Van Giau approved the application...
Westpac first half profit up 7% to $3.43bn
Decrease in debts and boost in lending to position the lender in delivering solid results until the second half.
BPI first quarter profit up 4.5% to $65mn
Despite relatively low interest rate environment, the lender was able to surpass last year’s $62.67mn profit.
KDB’s IPO may be deferred after 2011
Delay may cause serious blow to South Korea’s privatisation efforts as the fundraising strategy could provide bumper profits to the government.
ANZ Bank half year profit up 38% to $2.9bn
The result failed to beat analysts’ forecasts despite Australia’s resilience amid global economic downturn.
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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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