Retail Banking
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RETAIL BANKING |
01 Mar 11
1508 reads
The ratings company saw risk on the company's financial health as it may be adversely affected due to takeover of KEB from Lone Star Funds. Read ››
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RETAIL BANKING |
01 Mar 11
811 reads
NAB optimistic that he can make each quarter better than the last as timing of the turnaround is not under the bank’s control. Read ››
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RETAIL BANKING |
01 Mar 11
1429 reads
The group expects new areas of strong growth from CIMB Thailand and CIMB Singapore as well as transaction banking. Read ››
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RETAIL BANKING |
01 Mar 11
788 reads
Western Bank announced that it officially hiked its chartered capital from US$95.79 million to US$143.68 million via issuing shares to public. Read ››
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RETAIL BANKING |
01 Mar 11
1294 reads
China’s Bank of Communications expanded in Vietnam with its Ho Chi Minh City branch. Read ››
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RETAIL BANKING |
28 Feb 11
812 reads
South Korea's FSC will likely give its final regulatory approval by mid-March for Hana Financial Group's takeover of Korea Exchange Bank. Read ››
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RETAIL BANKING |
28 Feb 11
851 reads
Bank Kerjasama Rakyat registered a 10.8 percent increase in pre-tax profit to US$563 million for the financial year
ended Dec 31, 2010 from US$507.8 million the previous year. Read ››
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RETAIL BANKING |
25 Feb 11
879 reads
BaoVietBank reached a total asset value in 2011 of US$1.19 billion, increasing by 181 percent against the previous year. Read ››
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RETAIL BANKING |
25 Feb 11
2391 reads
Prudential Vietnam and Maritime Bank signed a cooperation agreement whereby the bank's staff will directly distribute the life insurance products. Read ››
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RETAIL BANKING |
25 Feb 11
993 reads
Vietnam International Bank gross profit last year surged 72 percent to $50.8 million. Read ››
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RETAIL BANKING |
25 Feb 11
1332 reads
Differences on the conditions presented by both parties caused failure of the KDB to buy 45% of Panin’s stake. Read ››
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RETAIL BANKING |
25 Feb 11
2865 reads
Datuk Mohzani Abdul Wahab and Dr Zaha Rina Zahari will share the responsibilities left behind by Lor. Read ››
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RETAIL BANKING |
25 Feb 11
821 reads
The bonds, with terms of between two years and five years, are targeted at institutional investors and individual investors. Read ››
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RETAIL BANKING |
25 Feb 11
1730 reads
Yet the conglomerate admitted it raised its stake in the bank to 10.06% from 9.98%. Read ››
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RETAIL BANKING |
24 Feb 11
1300 reads
ABC will hold 51 per cent stake of Jiahe Life, becoming the controlling shareholder. Read ››
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RETAIL BANKING |
23 Feb 11
1551 reads
Maybank has entered into a strategic partnership with Xinhua News Agency. Read ››
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RETAIL BANKING |
23 Feb 11
895 reads
Vietnam's Eximbank's net profit surged 60 percent to US$87 million last year. Read ››
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RETAIL BANKING |
23 Feb 11
774 reads
VietinBank's net profit jumped 169 percent to US$164.7 million last year. Read ››
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RETAIL BANKING |
23 Feb 11
1180 reads
Moody's believes that distress among Korean mutual savings banks will have a minimal impact on Moody's-rated commercial banks in Korea. Read ››
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RETAIL BANKING |
22 Feb 11
1232 reads
Military Commercial Joint Stock Bank announced to increase the deposit rates for depositors in US dollars and euro by up to 1.5 percent per year, starting from February 17, 2011. Read ››
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RETAIL BANKING |
22 Feb 11
1216 reads
Prime Minister Nguyen Tan Dung approved Vietnam Post's capital contribution in LienVietBank by merging its member company of Vietnam Postal Savings Service Co into the bank. Read ››
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RETAIL BANKING |
22 Feb 11
1515 reads
KDIC chooses Woori Finance to take over the lender which was suspended because of its troubled capital condition. Read ››
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RETAIL BANKING |
21 Feb 11
1192 reads
Kasikornbank enhanced its business partnership with Shizuoka Bank by connecting the financial service networks of the two banks. Read ››
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RETAIL BANKING |
21 Feb 11
1945 reads
Hana Financial announced that it has completed raising funds to acquire a 51.02 percent stake in Korea Exchange Bank. Read ››
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RETAIL BANKING |
21 Feb 11
658 reads
South Korea's Financial Services Commission pledged to supply liquidity and buy distressed property-linked loans to help ailing savings banks. Read ››
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RETAIL BANKING |
21 Feb 11
645 reads
PT Bank Central Asia its saw 2010 fourth quarter net profit slide 29 percent as net interest income dropped and competition for consumer loans grew. Read ››
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RETAIL BANKING |
21 Feb 11
707 reads
DaiABank targets over 600 billion dong of pre-tax profit in 2011. Read ››
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RETAIL BANKING |
21 Feb 11
2317 reads
Pre-tax profit for the six months ended December 2010 increased to RM2.97 billion compared to RM2.56 billion in the previous corresponding period ended December 2009. Read ››
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RETAIL BANKING |
19 Feb 11
713 reads
The State Bank of Vietnam issued a regulation to require the state – owned and joint-stock commercial banks to report certain operational targets of their 2011 plans. Read ››
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RETAIL BANKING |
19 Feb 11
809 reads
South Korea's financial regulator on Saturday suspended operations of four savings banks, including three affiliates of the country's largest savings bank, Busan Savings Bank. Read ››
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RETAIL BANKING |
18 Feb 11
774 reads
Woori Finance Holdings will select a new chief of Woori Bank as it wraps up the nomination to lead the group's chairmanship. Read ››
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RETAIL BANKING |
18 Feb 11
1127 reads
Standard Chartered Bank is optimistic about Vietnam's economy and sees many growth opportunities in the country. Read ››
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RETAIL BANKING |
18 Feb 11
699 reads
ANZ reported a 27 per cent rise in the first-quarter underlying profit on good momentum and lower provisions for bad debts. Read ››
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RETAIL BANKING |
18 Feb 11
534 reads
China's banking regulator announced that the country's commercial banks had improved their capital adequacy at the end of last year. Read ››
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RETAIL BANKING |
17 Feb 11
3226 reads
The lender banks on Lee’s specialisation in business strategy, risk management and performance management. Read ››
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RETAIL BANKING |
17 Feb 11
902 reads
China’s central bank has vowed to adopt a more market-based system for setting interest rates but has proceeded cautiously. Read ››
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RETAIL BANKING |
15 Feb 11
1939 reads
Public management scandal forced bank to pick former vice chair as new chief executive. Read ››
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RETAIL BANKING |
15 Feb 11
1156 reads
Changing Lee could make matters worse for Woori, which is in the process of divesting 57% of its shares for privatization. Read ››
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RETAIL BANKING |
15 Feb 11
1953 reads
The country’s economic recovery prompted 9 banks to beef up workforce. Read ››
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RETAIL BANKING |
15 Feb 11
2024 reads
The move is seen to increase the company’s competitiveness in wooing investors for financial services in China. Read ››
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