Retail Banking
BEA expands Guangdong network
BEA China followed the “cross-location” trend in Foshan with the opening of its sub-branch. The bank group became one of the first mainland...
BEA expands Guangdong network
BEA China followed the “cross-location” trend in Foshan with the opening of its sub-branch. The bank group became one of the first mainland...
Sumitomo Mitsui Financial eyes sale of $8.7bln shares
Source says selling of shares is aimed to comply with more stringent capital requirement and for expansion.
Agricultural Bank Of China awaits IPO approval
Government's nod for IPO in Shanghai and Hong Kong could raise $22 billion for the bank.
Maybank Cambodia eyes early turnaround for 7th branch
Maybank is targeting a turnaround in the second year of operation for its new Toul Kork branch.
CIMB Thai appoints Phasukvanich as Chairman
Chakramon Phasukvanich takes over from Dato’ Robert Cheim Dau Meng as Chairman of the Board of Directors of CIMB Thai with effect from 1 January 2010...
Indian banks have 40,000 job vacancies
Indian public sector banks need to fill in vacancies caused by business expansion, resignations and retirements.
HSBC to return headquarters to Asia
Movement from London to Hong Kong will enable the lender to concentrate on Asian markets.
South Korean banks reveal 2010 plans
Big lenders are readying for fresh challenges as economy rebounds from crisis.
China regulator issues $73bn capital requirement for banks
Chinese banks are pressured to fund their 2010 loan growth through bond or equity issuance.
Oriental Bank of Commerce plans putting up HK office
Hong Kong opens colossal break in OBC's global expansion efforts.
Westpac reorganises its senior management row
An analyst said CEO Gail Kelly’s move aims to cultivate long-term succession candidates.
Maybank targets 20% stake in An Binh Bank
ABBank's selling of 5% of its stake to Maybank makes it on equal footing with HSBC.
UCPB: Moving forward amid legal debacles
Perhaps a drive through Manila’s main thoroughfares would make one realize that Philippine banks have changed – quite literally, that is – what with...
Hwatai Bank recovery seen in 2 years
Hwatai Bank is expected to generate pre-loan profits in two years with less credit costs and breakeven bottom-line.
India's FC upgrade affects 14 banks
The recent upgrade of India's foreign currency deposit ceiling also improved that of its banks. Moody’s Investors Service also upgraded the long-term...
New Stanchart CEO in Korea keen on expansion
Newly-appointed SC First Bank chief Richard Hill will invest $100 million in the next two years.
China Bank ups network to 237 branches
China Bank opened another five branches in Metro Manila to bring its nationwide branch network to 237. This excludes the six China Bank Savings...
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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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