Retail Banking
OCBC Malaysia inaugurates estate planning insurance product
Premier Heritage policyholders to earn minimum interest of 2.5% per annum upon maturity when the bearer reached hundred years old.
OCBC Malaysia inaugurates estate planning insurance product
Premier Heritage policyholders to earn minimum interest of 2.5% per annum upon maturity when the bearer reached hundred years old.
China banks pursuing to meet capital and loan requirements
Some banks resort top paying commissions to agents to help attract short-term deposits before the end of each month to evade the regulation.
ING mulls selling Australia online banking unit
StanChart is among the lenders in talks with ING for the 12-year-old ING Direct unit with estimated value of $6.5bn.
Banco de Oro earnings up by 18%
Banco de Oro reported that its earnings for the January to March period grew by 18 per cent.
ICICI Bank first quarter profit up 44% to $326mn
Despite rising interest rates in India, the bank’s 2011 credit growth is estimated to be 20%.
DBS first quarter profit up 52% to $655mn
Despite economic uncertainties, the bank believes that its efforts to strengthen its Asian operation will continue to bear fruit.
Bank Mandiri first quarter profit up 89% to $444.45mn
Analysts estimate the bank’s 2011 profit to rise 28% to $1.38bn following gain from the stake sale in Garuda Indonesia's IPO.
Allahabad Bank's net profit increases by 14.74%
Allahabad Bank's net profit increased to Rs.258 crore for the quarter ended March 2011 as against Rs.225 crore in the corresponding quarter last year...
LienVietBank's new branch offers credit for agriculture
LienVietBank, has opened a branch in Vung Tau City and is offering a credit line of VND300 billion to develop agriculture and rural areas in the...
SaigonBank expects new plan to bring VD350B profit
SaigonBank has approved the 2011 business plan in the annual general meeting with targeted pre-tax profit of 350 billion dong and dividend payment of...
RHB shortlists bidders of 25% stake to 6
Sources said Chinese suitors not keen on buying the Abu Dhabi Commercial Bank's block in the company.
Malaysian court junks suit blocking EON acquisition
Primus to appeal against court decision that clears way for EON to accept Hong Leong $1.7bn takeover offer.
Bank Rakyat Indonesia first quarter profit up 52% to $378mn
Strong growth loan has prompted analysts to estimate the bank’s 2011 profit to surge 13% to $1.51bn.
China Minsheng Bank first quarter profit up 45.5%
The lender’s revenue up 37% to $2.64bn while its net interest income soars 32.8% to $2.06bn.
China regulator belies enforcement of stricter capital rules for big banks
CBRC requires the Big 5 to keep a minimum capital adequacy ratio of 11.5% based on the Basel III global regulatory framework.
China and Taiwan banking regulators talk about opening markets
Representatives from both parties will conduct regular bi-annual meeting to gradually clear obstacles on Cross-Strait Banking Supervision Cooperation...
China big banks receives higher-than-expected profits
ICBC surpasses first-quarter profit performance of JP Morgan, most profitable bank in the US, by 49%.
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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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