Retail Banking
Samsung Group launches microcredit bank
The bank handles $257.12 million in funds and is geared to expand with five branches.
Samsung Group launches microcredit bank
The bank handles $257.12 million in funds and is geared to expand with five branches.
RHB Bank keen on new Indonesian arm, Mestika
Acquisition of Bank Mestika provides access to the bank's most important overseas market.
Siam Commercial Bank sustains financial profile
Siam Commercial Bank has maintained its strong financial profile despite political unrest and export contraction that has hit the Thai economy. This...
Taiwan Banks to go slow on China
Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.
Bank of Ceylon earns 34% more
Bank of Ceylon’s post-tax profit for end of 2009 grew by US$4.4 million to US$17.4 million. The figure is a 34 percent increase from US$13 million in...
Maybank disinterested in Siam City Bank stake
Maybank emphasized in an official statement that it will not make any bid for a stake in Siam City Bank.
HSBC to close Royal Bank of Scotland deal
Regulators' nods are the only impediment to HSBC's buying of RBS Asia units.
Australian competition regulator eyes halt on bank mergers
ACCC will likely turn down mergers of Big Four with smaller banks amid global financial crisis.
Maybank targets $955M deposit increase
Maybank is targeting to increase deposits by US$955 million during the current four-month period through its deposit campaign.
ANZ acquires RBS in Vietnam
RBS Vietnam became the second of six markets to transition to ANZ ownership after the acquisition of RBS Philippines.
India’s finance minister: Government to sponsor banks merger
Indian government ensures its support provided that public sector banks would meet regulators' guidelines.
Taiwanese lawmakers reject state-bank merger bid
Finance committee doubts Bank of Taiwan and Land Bank union will create synergy.
Bank of the Philippine Islands 2010 prospects mixed
BPI expects economy could go either way as country conducts presidential elections next year.
Singapore banking system sound despite economic volatility—Moody’s
The Aaa-rated government is capable of supporting its lenders to become drivers for economic growth.
OCBC Bank Malaysia expects surge in SME loans
Malaysia's biggest foreign-owned lender attributes 30 percent year-on-year growth on new SME loan method.
ICICI to obtain Singapore’s nod for full operation
ICICI eyes to operate in Singapore after getting clearance to operate in Britain and Canada.
‘Competitive pressure’ on Australia’s Big Four banks ensured
Australian government set measures to intensify competition among its biggest banks to cut banking charges.