Retail Banking
Bank Negara looking for right mega Islamic bank investors
Bank Negara Malaysia hopes to issue two mega Islamic bank licences this year.
Bank Negara looking for right mega Islamic bank investors
Bank Negara Malaysia hopes to issue two mega Islamic bank licences this year.
Bank Mandiri official sued for loan manipulation
Head of Credit Operation Department Aris Pranata faces anticorruption charge with possible penalty of 20 years of imprisonment.
State Bank of India to receive fund infusion
The Indian government is on the process of assessing the lender’s capital requirement if it should have a Tier I capital adequacy ratio of 9-9.5%.
Punjab National Bank keen to tie up with life insurer
The lender is also interested to buy stakes in life as well as non-life firms.
Bank of China plans to raise funds for capital boost
Move aims to comply with regulatory requirements based on Basel III agreement.
HSBC hungry to expand presence in India
The lender’s chairman is driven to choose the subcontinent above any other country.
HSBC Taiwan plans to issue $621.1mn financial bonds
Local Taiwanese banks follow HSBC’s move to fund expansion of lending business.
Woori Bank to choose president from 6 bets
The group said the selected president to be approved by the board in mid-March.
UOB targets more presence in East Malaysia
The lender aims to expand operations in the region by reaching out to clients through its sales force as it is constrained to set up branches.
Woori Finance hunts for more savings banks
The lender seeks to merge them with Samhwa to nurture a consolidated savings bank with an asset size of up to US$2.7bn.
CIMB Thai posts $27M net profit in 2010
CIMB Thai Bank PCL has disclosed the unaudited operating results for the year ended 31 December 2010 showed a consolidated net profit of US$27.26...
The Asian Banking and Finance Retail Banking Awards 2011 now open for nominations
Name your best banking and finance institutions in The Asian Banking and Finance Retail Banking Awards 2011.
Korea's deposit insurer borrows money from banks
South Korea's state deposit insurer took out commercial bank emergency loans, according to a Yonhap News Agency report.
Thanachart-SCB integration to create top 5 bank
Thanachart Bank has completed the purchase of shares of Siam City Bank.
StanChart 2010 private bank assets soars 31%
5,000 new client accounts added and the number of relationship managers up 15% to 450 in the same year.
Hong Leong Bank appoints 3 senior managers
Hor Kwok Wai, James Chong Wai Choy, and Ramon Albert Chelvarajasingam hired from different companies.
Vietnam's banks set surprisingly high profit targets
Most commercial banks in Vietnam have set high profit targets for 2011 amid uncertainties of the economy and unpredictable macro-policies.
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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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