Retail Banking

Malaysia's CIMB Bank still bullish on India

Malaysia's CIMB Bank still bullish on India

CIMB Bank is still eyeing opportunities in India despite the cancellation of its proposed acquisition of RBS operations in India. 

44% of South Koreans distrust banks

Customer confidence in banking continues to deteriorate in Korea, according to a survey.

Maybank to establish banking presence in Thailand

Maybank hopes to complete its regional expansion in Southeast Asia by establishing a domestic retail and commercial banking presence in Thailand.

ACB, Eximbank Vietnam undergo personnel changes

The Executive Board of the Asia Commercial Bank has accepted the resignation of its three members, Chairman Tran Xuan Gia for health reason and Vice...

Here's how Basel III can make or break Asian banks' stability

Check out this new take on the implications and impacts of Basel III on Asian banks considering that Asia was largely unscathed by the 2007/08...

Thai banks eye bigger share of Myanmar market

Thai banks are hopeful that they would get a sizable share of business in Myanmar, as the latter liberalises its financial sector.

ICICI Bank to raise RMB500 million

ICICI Bank Ltd, India's largest private sector bank, has turned to using the renminbi to tap Asia's rich bond market.

Mobile Philippine bank aims for 1 million depositors

BPI Globe BanKo, which its owners claim is the world’s first mobile savings bank, intends to enroll one million depositors by 2013.

Allahabad Bank to provide short term deposit plan at 7.6% rate

Allahabad Bank will offer a short-term deposit scheme for high-value customers.

BSN eyes RM1.3B net

Bank Simpanan Nasional targets to increase its net income to RM1.3 billion by the end of this year from RM1.032 billion in 2011.

PDIC backs foreign ownership of Philippine rural banks

The Philippine Deposit Insurance Corporation is supporting separate bills pending in the Philippine Congress that will permit foreign ownership of...

Japan's banking minister commits suicide

Tadahiro Matsushita, Minister of the Financial Services Agency, the banking industry regulator, committed suicide Monday.

JS Bank to buy HSBC's Pakistani business

HSBC had agreed to sell its operations in Pakistan to the Asian country’s JS Bank Limited for an undisclosed sum.

ChinaBank in 10-for-1 stock split

The Philippines’ China Banking Corporation last week cut the par value of its shares from P100 to P10 in a 10-for-1 stock split of its common shares...

Bangkok Bank gets 99-year license in Vietnam

Bangkok Bank has been granted a 99-year extension of its banking service license from Vietnam.

ING Vysya expects strong performance to continue

ING Vysya Bank's good asset quality will extends its good performance in the first quarter of FY13 through the rest of the fiscal.

What you need to know about Maybank's 2 new retirement plans

Maybank aims to get RM250 million in premiums in the first year.