Retail Banking
Indonesian banks lag behind in ASEAN
A number of efficiency indicators reveal that Indonesia’s banks are still far behind in the ASEAN.
Indonesian banks lag behind in ASEAN
A number of efficiency indicators reveal that Indonesia’s banks are still far behind in the ASEAN.
Indonesia extends deadline for single bank ownership
Indonesia will delay an end-2010 deadline requiring investors to own only a single bank.
Indian Overseas Bank seeks Gulf expansion
The lender is planning to raise $1bn via medium-term notes in various tranches to increase its Tier-I capital in compliance to Basel II capital...
Hana nears completion of funding for KEB acquisition
Hana’s KEB takeover is still subject for Korea’s financial regulator’s approval.
3 Indian banks forms $58.4mn JV in Malaysia
Should Malaysian regulator approve the BoB, IOB and Andhra JV, the operations will start in June.
Chinese banks eyes growth during 12th Five-Year Plan
China banker said consumer credit, asset management and credit cards businesses would prosper over the next few years.
BII rebounds with $51.7M net profit
BII reported a net profit of US$51.7 million for the full year of 2010.
Techcombank gains $140.9M in 2010
Techcombank bank reached a total pre-tax profit of US$ 140.9 million and total asset value of 7.68 billion, in a year-on-year increase of 62 per cent...
Vietinbank sells 10% stake to IFC for $182M
The IFC will invest about US$182 million in equity and US$125 million in subordinated debt in VietinBank.
Bank of Maharashtra records 42.9 profit growth
Bank of Maharashtra's operating profit for the third quarter of current financial year stands at US$172.7 million.
ICICI Bank signs banking services MoU with Indian Army
ICICI Bank Ltd, India’s largest private sector bank, and the Indian Army today signed a Memorandum of Understanding on extending the modern banking...
IDBI records net profit
IDBI Bank reported a net profit of US$99 million for the quarter ended December 31, 2010.
Philippine rural banks decline in number
There are now 33 less banks operating in the Philippines due to consolidation and closure.
ANZ pares down 45 personnel
Small restructure in the bank’s retail distribution not a start of mass layoff but to increase efficiency.
EON Bank targets expansion despite merger with Hong Leong
EON Bank continues to open more branches and pursue investments in 2011.
NAB opens access to more BNY services
The 14 year relationship of two companies enables NAB to give their clients wider range of BNY products.
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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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