Retail Banking
Raiffeisen Bank International AG gets banking license in Hong Kong
Raiffeisen Bank International AG gets banking license in Hong Kong
This brings the number of licensed banks in Hong Kong to 155.
DBS Bank inaugurates new headquarters
DBS Asia Central at Marina Bay Financial Centre Tower 3 houses the bank’s ‘customer-facing’ units.
State Bank of India expects 16-18% loan growth
State Bank of India expects loan growth of 16-18 percent despite a general slowdown in credit demand among India's banks.
India's ICICI Bank to collaborate with African bank
India's ICICI Bank and Togo's Ecobank will collaborate to extend banking services across their combined footprint in India and Africa.
Four Thai banks report strong Q3 earnings
Four of Thailand's banks reported robust profits for the third quarter.
Wong is new CEO for UOB Malaysia
Wong Kim Choong has been appointed as United Overseas Bank Malaysia's chief executive officer with immediate effect.
Korean savings bank chief gets 8-year prison term
Ryu Dong-cheon, chairman of the Jeil Savings Bank, has been sentenced to eight years in prison after extending a large amount of illegal loans and...
Here's the latest on Philippine banks' real estate exposure
Philippine banks are now forced to submit a quarterly expanded report on real estate exposure from 30 January 2013.
Maybank likes Thailand but has other priorities
If Maybank acquires a Thai bank, it would be based on terms and an environment that it was comfortable with and would not be purely for the sake of...
Malaysian banks' earnings seen as resilient
Malaysia's banking sector will experience resilient earnings in line with the country’s sturdy economic growth supported by strong domestic demand...
Outrage against Australian banks justified: CEO
Customers have a right to be angry at Australian banks over past treatment, says the Chief of Bendigo and Adelaide Bank, Mike Hirst.
Myanmar's banking system vulnerable to rumors
Some US$10.5 million was withdrawn from Kanbawza Bank on Friday last week due to unfounded rumors.
Net income of Taiwan's Cathay Financial reaches $57.48M
Cathay Financial reported NT$1.69 billion (US$57.48 million) in net income in September, up 24.26 percent from the previous month.
Visa appoints Ooi Huey Tyng as country manager for Singapore and Brunei
Ooi previously served as head of cards and unsecured loans at DBS Bank.
Maybank to expand existing businesses
Maybank placed out 412 million new shares at a price of RM8.88 and hence raising a whopping RM3.6bil in the process.
Citi to launch Tablet Banking by 1Q13
This follows the success of Citi Mobile that surpassed 1m active users in September 2012.
Singapore banks' mortgage loan growth to slow in 2012
You can blame the meager 10% growth expectation on the new property cooling measures.
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1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. UOB maintains profitability despite possible slower loan growth 3. Japan’s SMBC is buying a 20% stake in India’s Yes Bank 4. Vietnam’s finance sector faces digitalisation challenges despite eased regulation 5. GXS Bank names Pei-Si Lai as group CEOResource Center
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Nonbank lenders are now providing capital even to low-risk corporate clients.
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