Retail Banking
KDB keen on buying a Southeast Asian bank
KDB pulled out stake sale in Siam City citing regulatory uncertainties in the global banking industry.
China probes CBA’s Chinese partner on fraud involvement
Qilu Bank has been alleged to have received $227mln worth of forged commercial bank bills.
KEB labor union files Hana takeover injunction
Union claims KEB board directors' collaboration with Hana was illegal.
Bank Negara Indonesia launches micro loans for migrant workers
The lender had already released US$222,000 to migrant workers from the East Java town of Kediri.
Woori and Hana plans to engage in savings bank business
Acquisition of savings banks would help major lenders seen to delay potential systemic risk through diversification.
Maybank acquires 44.6% stake in Kim Eng
Transaction represents stepping up of the lender’s investment banking and equities platform in ASEAN.
State Bank of India plans South Korea operations
SBI is also seeking to acquire an Indonesia bank in cash deal not exceeding US$100mln.
Punjab National Bank names Rakesh Sethi executive director
Sethi has been appointed as director for a period of five years replacing Nagesh Pydah.
BOCHK to inaugurate offshore renminbi bond index
The index aimed to monitor the total returns of offshore renminbi bonds.
ANZ Bank starts issuing renminbi bonds in HK
The issuance is the lender's first Hong Kong RMB offshore bonds oversubscribed 6 times.
Bangkok Bank sees 5-7% loan growth next year
The lender sees net interest margins to remain flat at 3% in 2011.
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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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