Branch Banking
Why Woori Bank's privatisation may be difficult
Domestic buyers may lack the financial ability.
China Construction Bank opens Taiwan branch
CCB now has 15 branches outside China.
MUFG to buy Bank of Ayudhya
Japan’s largest bank to pay US$4.1 billion for 51% ownership.
UBS shuts down Indian banking unit
Reassessment of business strategy ignited decision to quit.
Societe Generale opens seventh China branch
Says this proves SG’s commitment to the Chinese market.
Maybank Philippines reports 36.8% revenue rise
Also posts 55.9% year-on year jump in pre-tax profit.
State Bank of India to merge with subsidiary
India's largest bank not constrained by merger cost.
Philippines wants rural banks to expand operations
Over a third of towns without banking offices.
Doha Bank to open in Hong Kong
Expects to have an office in the next few months.
ICBC to open RMB center in Luxembourg
Spurred by successful US$1.7 billion trade last year.
BPI opens first branch powered by solar energy
Intends to equip more branches with solar arrays.
A closer look at Indonesian banks' declining NIM
Since reference rate is at its lowest throughout the history, whilst inflation stays low, the banks struggle to earn yield. The big banks cut...
RHB Thailand raising capital for expansion
Remains intent on asset acquisition to fuel expansion.
Axis Bank to open first branch in China
Will also be the first Indian private sector bank branch in China.
Big Four stop doing business with North Korean bank
Increases pressure on North Korea to abandon nuclear power program.
ICBC Thai focusing on retail market
Wants retail to account for 50% of total income by 2016.
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1. Revolut Singapore hits first year of net profitability in 2024 2. DBS and OCBC expected to report lower margin in Q1 on SORA easing 3. Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loans 4. Bank of America appoints Phil Carmalt as head of APAC GPS 5. CIMB Philippines says fund transfer issue ‘resolved’Resource Center
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Cards & Payments
Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
Commentary
The Asian connection: China's path to sustainable growth