Retail Banking
Bank of America finds difficulty in divesting CCB stake
Bank of America finds difficulty in divesting CCB stake
Once valued at $20bn, the BofA stake is now seen to be worth several billion dollars less.
OSK-UOB starts offering Taiwan opportunity fund
With a minimum investment of $336, the fund gives investors opportunities to benefit from Taiwan’s economic growth.
Indonesia central bank bans M&As in domestic lenders
The country’s banking industry has been thrown into confusion since Bank Indonesia mulls new limits on bank ownership.
Central Bank of India and Chola MS General Insurance join forces
The bancassurance tie-up will offer simple and technology-enabled customized products.
Phillipines central bank: Lenders still stable amidst uncertainty
The BSP attributes low incidence of problem loans to the adoption of prudent lending standards.
Metrobank first half profit up 45% to $144.04mn
Metrobank’s profit is catching up with that of the industry leader BPI, which amounted to $146.4mn.
Bendigo and Adelaide Bank profit up to $342.1mn
More than 90% of the bank's on balance sheet funding comes from retail deposits.
UOB profit up 5.6% to $525mn
The lender warns of riskier times ahead for Asia amidst global economic uncertainties and volatility.
IFC seeks new investor in Bank of Shanghai
IFC already sold its 7% stake in the lender while HSBC plans to divest its 8% stake.
Prosecutors seek repatriation of Busan Bank's lobbyist from Canada
South Korea's prosecution will speed up the repatriation from Canada of a key lobbyist for Busan Savings Bank to probe his role in a massive...
Indian Overseas Bank to raise Rs 3500 crore for 3-year expansion
Indian Overseas Bank will be raising up to Rs 3,500 crore in core tier-I capital over the next three years to fund expansion.
Hong Leong Finance anticipates lower net profit in Q2
Hong Leong Finance has reported a decrease of 17.8 % in its second-quarter net profit to S$26.3 million, down from S$32 million from the same quarter...
Singapore's Citigroup, DBS maintain credit lines with French banks
Citigroup Inc. and DBS Group Holdings announced that they haven’t cut credit lines to French lenders.
EON Bank now integrated to Hong Leong Bank
Customers of the former EON Bank will be able to conduct transactions at all of its 145 branches redesignated as Hong Leong Bank branches beginning...
TienPhongBank posts over VND180B pre tax profit in 1st half
TienPhongBank gained over 180 billion dong pre tax profit during the first 6 months, up 16 billion dong against its plan.
ABC conducts overseas system operations
ABC launched its overseas system operation service area at the data center of its Head Office and has successfully tookover the core banking system...
Corporation Bank targets senior citizens in expansion efforts
Corporation Bank is in the process of according special and exclusive services for senior citizens.
Thought Leadership Centre
In Association with
Most Read
1. OCBC starts AI stock adviser using data on 4,000 stocks 2. UOB reports flat net profit growth in Q1 despite record fee income 3. J.P. Morgan unveils automated cross-currency payment collection and settling service 4. Sea rebrands digital finance business SeaMoney to Monee 5. Barclays integrates Ant Int’l model to FX hedging platformResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Productive sectors need more capital to stimulate the slowing economy.
Commentary
The Asian connection: China's path to sustainable growth