News

Indian billionaires vie to establish new banks

India’s bid to boost lending allows corporations to open banks.

Bangkok Bank to expand personal loan offering

Bangkok Bank is studying he best way to expand in the personal loans sector.

StanChart Korea finds itself in hot water

Three state regulators took turns putting the squeeze on Standard Chartered Bank Korea.

Hong Kong banks' earnings to only grow 5% in 2013

Blame it on abundant liquidity conditions exacerbated by weaker loan demand.

Indian banking system won't recover until 2015: S&P

Banks will need significant amounts of capital to meet Basel III norms.

Hong Leong Bank's net profit up 25% to ~USD317m in 1HFY13

It's 52% of the Street’s full-year estimate.

ICBC's profit surged 69% to US$54m in Dubai

Thanks to stronger trade between China and Dubai.

RBS starts shutting down in India, to lay-off 1,000

RBS will be laying-off some of its 1,000 employees  as it winds down retail and commercial business in India.

Vietnam bank profits shrink in 2012 due to loan loss provisions.

Many Vietnamese banks failed to achieve their profit targets in 2012 due to bad loans.