Retail Banking
StanChart’s Korea Unit to maintain paying dividends
Despite 27 branch closures in 2011, the lender still has no plans to pull out of South Korea.
StanChart’s Korea Unit to maintain paying dividends
Despite 27 branch closures in 2011, the lender still has no plans to pull out of South Korea.
South Korea financial watchdog cautions on heated competition
The FSS advised South Korean banks to step up overseas expansion as local market is already saturated.
Woori Bank raises $500M through subordinated bonds
Woori Bank has raised US$500 million through dollar-denominated subordinated bonds.
EON Bank's new campaign designed to boost deposits
EON Bank will use a new campaign to grow its total customer deposits by 15.7 per cent this year.
China's CITIC Bank opens Singapore branch
The opening of its Singapore branch marks a major in implementing the international expansion strategy of China CITIC Bank Corporation Limited in...
CIMB targets ASEAN expansion
CIMB Group is eyeing mergers and acquisitions to expand its Southeast Asian franchise.
Indonesia's House of Representatives to look further into Citibank incidents
Indonesia's House of Representatives will inquire further into the death of a Citibank client, Irzen Octa.
Bank Islam ups stake in Sri Lankan bank
Bank Islam's stake in Sri Lanka's Amana Bank has increased to 20 per cent after an additional eight per cent acquisition.
Korea to keep banks from inflating assets
South Korea's Financial Supervisory Service will restrain local banks' attempts to excessively inflate assets. This is part of banks' startegy to...
Hana’s KEB takeover deal temporarily put on hold
The FSC plans to end the Lone Star chief Paul Yoo’s stock manipulation case within the month.
RHB targets July completion of deal with Bank Mestika
The Malaysian lender seeks pending regulatory approval from Indonesia as Bank Negara Malaysia has already approved the deal last January.
PNB net income up 61%
Higher non-interest income and trading gains pushed PNB's net income 61 per cent higher. The bank recorded an US$82 million net income in 2010 from...
Siam Commercial Bank sees better first quarter profit
The lender bank sought to finalize deal for a possible merger in the petrochemical sector worth $2bn.
Bank Mandiri and AXA to buy ADB insurance
The deal will make Bank Mandiri owner of 60% of ADB’s shares while AXA will control the remaining 40%.
Kookmin Bank readies block sale of parent’s stake
Yet reports said private placement was possible rather than a block deal for the lender to unload its stake in its parent by September.
Suspended Korean savings banks to be sold
Korea’s deposit insurance agency will put most of the seven suspended savings banks up for sale. This is part of Korea's efforts to revamp the ailing...
SCB targets 75.5% after-tax profit increase
SCB is targeting an after-tax profit of US$23.39 million in 2011, up 75.5% from US$13.3 million last year. This was recently approved by its general...
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
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.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with