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India's J&K Bank targets 20% credit growth
India's J&K Bank targets 20% credit growth
The Jammu and Kashmir Bank is targeting a credit growth of 20 percent deposit growth of 17 percent.
BNI hopes Chelsea's Indonesian visit will boost card sales
Bank Negara Indonesia hopes to capitalize on Chelsea Football Club's upcoming visit to Indonesia.
Top UAE bank launches renminbi trading
Emirates NBD launches renminbi accounts to support SMEs.
Korea's Hana Financial suffers Q4 net loss
Hana Financial posted a net loss of 66 billion won or US$60.6 million in the October-December period.
CIMB Thai's retail strategy targets affluent customers
CIMB Thai Bank made it easier for wealthier customers to hold a CIMB Thai "Preferred" account.
Nomura expects recovery of investment banking business
Business opportunities for Nomura Holdings Inc. are expected to grow this year.
Vietnam's banks see rising assets
Vietnam's domestic banks are recovering thanks to an increase in assets.
Thailand's Bank of Ayudhya expands e-business
Bank of Ayudhya will invest Bt2 billion in three years to penetrate the online financial services market.
Visa to assign EMV Chip liability for fraud ATM transactions to acquirers or issuers
Liability will shift in Asia Pacific from 1 October 2015.
Bank Mandiri to inject $83-M in Shariah unit
Bank Mandiri will channel anotherf Rp 800 billion ($83 million) to its Shariah unit to expand its services.
China approves Ping An stake sale
The Charoen Pokphand Group of Thailand now owns a 15.6% stake in China’s biggest private insurer.
Philippine rural banks get P525-M assistance
The Philippine Deposit Insurance Corp. has approved P524.9 million of financial for rural banks.
Bank Mandiri to sell stake in small Bali bank
Bank Mandiri will sell part of its stake in Bank Sinar.
Myanmar Oriental Bank cooperates with Visa for first payment service for POS transactions
Visa cardholders can now use their Visa cards to pay for transactions at select merchants in Myanmar.
Consumers warned of risks over Chinese financial products
A senior Chinese banking regulator warned of risks in wealth-management products of Chinese banks.
UOB promotes more cross-border investment between Southeast Asian and Myanmar companies
It recently partnered with Myanmar Agribusiness Public Corporation to host an investment forum.
UOB family expands with new advisory firm
It will provide services to alternative investment funds.
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Why high capital levels are a double-edged sword for Singapore banks