Retail Banking
KB Financial chair nominee pitches for Woori deal
Euh Yoon-dae sees Woori as primary target to diversify group’s operations just as Woori wants privatisation.
KB Financial chair nominee pitches for Woori deal
Euh Yoon-dae sees Woori as primary target to diversify group’s operations just as Woori wants privatisation.
India approves $1.34bln infusion in 5 PSU banks
Move to leverage infused amount to enable lending $16.8bln to productive sectors in the economy.
Maybank allots $4.9mln to improve customer service
Pilot customer service transformation programme to upgrade all bank’s frontline personnel in 70 branches.
Hong Leong-EON Bank merger poses problem on employees
National Union of Bank Employees hits Bank Negara’s non-consultation with union on looming merger’s adverse effects.
Hong Leong Bank unveils Business Flexi FD
Product gives companies power to optimise cash flow by enabling customers to withdraw before tenure period.
ICICI Bank to focus on rural sector
Lender also plans to reduce exposure to personal loan after suffering big losses.
KB Financial nominates Euh Yoon-dae as Chairman
Euh plans merging with Woori or acquiring KDB despite having little experience in banking.
Rabobank appoints Philip Lau Southeast Asia M&A Head
Appointee seen to strengthen lender's corporate finance with his 15-year experience.
Maybank Singapore gives away $5mln cash rewards
Pocket Me GIRO intends rewarding customers when they GIRO with the lender.
StanChart ruled out interest in acquiring KEB
SC First Bank Chief Executive, Richard Hill, said their strategy in Korea is an organic one.
SBI mulls launching $4.27bln rights issue in 2011
India government eyed to subscribe in the multibillion rights issue to take place in H2FY11.
CIMB Niaga to sell $162mln worth of bonds
Lender will use the 7-year, AA- rated subordinated bonds to fund car and micro loans.
ANZ hires Morgan Stanley as acquisition adviser
ANZ eager to acquire Bank Panin for $1.3bln as Gunawan family sells 46% of Indonesian lender.
Punjab National Bank hires banks for $100mln loan
PNB avails itself of services of four international banks after meeting with Taiwan and Singapore lenders.
Fitch upgrades Taiwanese state-controlled banks' national short-term ratings
Revised ratings for 3 lenders due to their strong liquidity position.
MBK Partners eyes bidding for KEB stakes
Reports say company in initial stage of negotiation to acquire 51% KEB stake amounting $3.6bln.
ANZ says it didn’t bid for KEB stake
Lender belied reports saying lender joined StanChart in bidding for Lone Star's 51% KEB stake.
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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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