Retail Banking

Yes Bank enters equity broking business

The retail equities broking license received by Yes Bank Ltd from India's central bank will intensify competition among banks for retail deposits.

Can Standard Chartered really 'chip away' at DBS' advantage?

Only time will tell if Standard Chartered manages to poach its rivals’ customers, says an analyst.

Wong appointed CEO of UOB Malaysia

Wong Kim Choong will take over as chief executive officer of United Overseas Bank Malaysia from Chan Kok Seong.

Indonesia's state banks could now give credit haircuts

A court ruling allows state-owned banks to restructure or sell their non-performing loans.

Malaysia's Public Bank targets 12% loan growth

Public Bank pegged its domestic loan growth for 2013 at 12 percent.

Malaysia's BSN to appoint 5,000 rural banking agents

Bank Simpanan Nasional will appoint 5,000 banking agents over the next three years to enhance banking convenience to rural residents.

PNB merger with Allied Bank approved by 2 bodies

Philippine National Bank's merger with Allied Banking Corporation has been approved by the Philippine Deposit Insurance Corp. and Bangko Sentral ng...

India's Kotak Mahindra expects 50% growth in saving bank deposits

Kotak Mahindra Bank expects 50 percent growth on savings bank deposits on the strength of offering high rates of interests.

Philippine National Bank's first half income up 144%

Philippine National Bank’s net profit grew by 144% to P1.77 billion in the first six months fromthe same period last year.

GE sells 7.6% stake at Thailand's Bank of Ayudhya

GE raised about $462 million through sales of its 7.6% stake in Thailand's Bank of Ayudhya to institutional investors for 14.65 billion baht.

OCBC more resilient than UOB, DBS

Thanks to its excellent asset quality and high liquidity.

OCBC beats DBS, UOB with 44% of its NPLs not overdue

OCBC has the lowest NPL ratio at 0.9% compared with 1.3% for DBS and 1.4% for UOB.

Barclays to reduce retail banking operations in India

Barclays will shut three of its nine bank branches in India by end of September to reduce it retail banking operations in the country.

Standard Chartered to slowly 'chip away' at DBS' advantage

DBS remains the 'king of savings deposits,' says CIMB.

Analysts worry over OCBC's volatile non-interest income

OCBC's earnings will suffer significantly if bad debts head higher.

Top Philippine banks post 19% increase in earnings

The Philippines' big banks pushed their net earnings up 18.68 percent in the first six months to P55.152 billion.