Retail Banking

Weak economic climate hinders Taiwan banks’ profitability

Taiwan's banking sector remains one of the least profitable in Asia with slim prospects for near-term profit growth. This is due to the slow pace of...

Weak economic climate hinders Taiwan banks’ profitability

Taiwan's banking sector remains one of the least profitable in Asia with slim prospects for near-term profit growth. This is due to the slow pace of...

Kookmin Bank’s CEO promoted as KB Financial’s chair

Kang Chung-won appointment pushes through despite allegations of bias by other candidates.

S&P affirms Dah Sing's profitability rating

Standard & Poor's affirmed its 'BBB+' long-term and 'A-2' short-term counterparty credit ratings on Dah Sing Bank. The outlook on the long-term...

Reserve Bank of India loosens bad debt provision

Regulator gave in to bankers' appeal for easier dispensation that reduces pressure on banks.

Bank Negara Indonesia's net soars by 123%

Surge in profit was due to 15 percent growth in loans and 24 percent surge in fee-based income.

Japanese regional banks need to improve profitability

Sixteen Japanese regional banks posted core profits of US$3.55 billion in the first half of fiscal 2009. The figure is down 11 percent from the same...

Thailand to raise $1bln in Siam City sale

Sources say central bank would sell its 48 percent stake as Thai government loosens foreign investments restrictions.

IDBI Bank names Canara Bank as merger target

IDBI Bank believes the union would increase likelihood of expanding presence in three states.

Taiwan regulator rejects China Strategic's Nan Shan bid

Lack of details and inconsistencies in data caused regulator's disapproval.

China regulator allows banks to invest in insurers

China's banking regulator has issued decision despite caution on possible problems resulting from financial sector integration.

India seeks advice on banking consolidation

Finance Ministry has requested public sector banks' counsel on the move despite RBI's adverse stand.

CMB keeps positive S&P ratings

China Merchants Bank kept its Standard & Poor’s 'BBB-' long-term and 'A-3' short-term counterparty credit ratings on CreditWatch.

Chinese regulator's move stales Minsheng's IPO

Minsheng shares dipped 3 percent during IPO as Beijing reportedly pressured banks to increase capital adequacy ratio.

ANZ Bank mulls raising US$400mln for China expansion

China would be next in Asia Pacific after ANZ had established foothold in Indonesia and Vietnam.

China banks furnish capital raising schemes to regulator

Sources say country's top banks submitted plans of replenishing capital after they have lent $688 billion.

Moody's outlook for Indian banks remains negative

Indian banking credit outlook remains negative reflecting the challenging economic conditions, problem loans, and adverse implications for asset...

ANZ completes acquisition of RBS Philippines

RBS in the Philippines became the first of six markets to transition to ANZ ownership. ANZ is acquiring the Royal Bank of Scotland retail, wealth and...