Retail Banking

Aussie banks cut fees

First it was the NAB. Now the big four aussie banks are looking at cutting account withdrawn fees to appease customers.

Aussie banks cut fees

First it was the NAB. Now the big four aussie banks are looking at cutting account withdrawn fees to appease customers.

ICBC first to be ISO 9001:2008 certified in China

The British Standards Institution approved the transition of ICBC Bill Business Department's certification from ISO 9001:2000 to ISO 9001:2008. The...

Warning sounded on South Korean bad loans

South Korea's regulator has warned banks they have to act quickly to rein in bad loans as ratio hits four-year high.

Morschel to succeed Goode as ANZ Chair

ANZ Directors have chosen John Morschel to succeed Charles Goode as new chairman by February 2010.

RHB simplifies banking experience

RHB wants its products easily understood, relevant and attractive, while making banking experience convenient through its concept "Easy by RHB".

New BAY service provides $29,351 loans via ATMs

Bank of Ayudhya launched a new personal loan service with a credit limit as high as THB1,000,000 or US$29,351 through the ATM. The "KRUNGSRI Smile...

Public Bank net rises 3% on financing gains

Public Bank Group achieved a net profit of US$339.3 million in the first half of 2009. While the bank’s net profit for the same period in 2008 was US...

KTB addresses customers' complaints

Krung Thai Bank has joined the Bank of Thailand and the Securities and Exchange Commission to address customers' complaints about loan refusals.

HSBC expands from Bohai Rim to China's inland cities

HSBC Bank China expanded in China's Bohai Rim region by becoming the first foreign bank to open a branch in Jinan.

OCBC, Great Eastern collaborate in bancassurance

OCBC Malaysia will grow its bancasurance business by distributing Great Eastern Life Assurance developed products through its 29 conventional banking...

Tsang is SC's chairperson for Greater China

Standard Chartered Bank China has appointed Katherine Tsang as Chairperson for Greater China.   In her new role, Katherine will help capture...

Jalil, Shahudin and Wai appointed to Maybank board

Maybank appointed three directors to the Board, namely Tan Sri Datuk Dr Hadenan Jalil, Dato’ Seri Ismail Shahudin and Dato’ Dr Tan Tat Wai. It is...

Bank of Ayudhya to acquire indirect AIG subsidiary

Bank of Ayudhya came to terms with the American International Group to acquire 100 percent shares of CFG Services Company Limited. The transaction...

Bank of Ayudhya close to acquiring GE Money Thailand

Bank of Ayudhya has reached an in-principle agreement with GE Capital for the purchase of GE Money Thailand. The proposed transaction is subject to...

Mackay, Ancona swap roles at HSBC

The Hongkong and Shanghai Banking Corporation Limited has appointed Iain J Mackay, 47, as its new Chief Financial Officer, effective 1 September 2009...

Joyce Phillips joins ANZ

ANZ appointed Joyce Phillips as Group Managing Director Strategy, M&A, Marketing and Innovation and will be part of ANZ’s Management Board.

Siam Commercial Bank to offer govt savings bonds

SCB takes part in the government's economic action plan by offering government savings bonds on 13 to 17 July and 20 to 21 July.