Retail Banking
Newly installed DBS head outlines priorities
DBS CEO Piyush Gupta puts premium on communication with subordinates as he familiarises with his position.
Newly installed DBS head outlines priorities
DBS CEO Piyush Gupta puts premium on communication with subordinates as he familiarises with his position.
Krungthai cites rising number of clients
Krungthai beat expectations by releasing 80,000 more new cards and earning $6 million net.
CIMB's 9-month profit up 27.7%
CIMB reported a net profit of US$593 million for the 9 months of 2009 due to divisions' good performances. This represents a 22.7 percent year-on...
China banks: SMEs are more profitable
Research shows banks can profit up to 30% more from loans to SMEs.
State Bank of India to raise $300mln loan for HCL Tech
According to a source, India's largest lender plans to market the syndicated loan in UK. State Bank of India is in talks to raise a $300 million...
ANZ global headquarters gets environmental recognition
ANZ today announced the official opening of its global headquarters, ANZ Centre, in Melbourne’s Docklands precinct.
RHB earns positive outlook with transformation
Encouraging improvements in the financial profile of RHB due to transformation earned it a positive from stable outlook. According to Standard & Poor...
StanChart funds renewable energy projects in Korea
As part of its dedication to its sustainability movement, Standard Chartered will finance renewable energy projects in Korea.
Commonwealth Bank reports peak in bad debts
Commonwealth Bank said its unaudited cash profit was around 1.4 billion Australian dollars (US$1.29 billion) for the three months ended Sept. 30...
ICICI, Temasek may revive Firstsource sale
Plans may be in the works for Singaporean state investor and Indian ICICI bank to sell their stakes in Firstsource Solutions.
Chinatrust: Chinese banks lack financial ‘know-how’
Chinatrust Commercial Bank plans to partner Chinese banks through consumer financing education and credit card operations.
South Korean banks drop barriers in private banking market
Woori, Shinhan, and Korea Exchange banks are lowering the barriers for their private banking services to win back potentially more affluent customers...
Minsheng Bank targets $4 bln sale after HK IPO
Improved banking conditions spurred Minsheng to offer 3.32 billion shares in its Hong Kong IPO.
StanChart India to employ 3,000 by 2010
The bank targets more than 20,000 employees for the bank’s expansion in the country.
Westpac gives ‘green’ loans
Westpac is set to release US$9,200 loans to Australian homeowners to install sustainable and eco-friendly energy facilities. The bank said Nov. 8...
Bank of Philippine Islands, World Bank advances in energy loan program
BPI aims to augment its lend to sustainable energy projects by another $106,000.
Korea Development Bank eyes acquiring banks overseas
Korea Development Bank seeks to buy overseas banks as fierce competition in local retail financing market hampers growth.