Retail Banking
State Bank of India names 2 new directors
State Bank of India names 2 new directors
Officer of Ministry of Finance and deputy governor of Reserve Bank of India has been appointed as directors.
Stanchart makes 97% compliance on 8-minute service pledge
More than 97% of Standard Chartered Bank customers in Vietnam were served within less than eight minutes since the initiative was implemented in July...
BS Financial's H1 net reaches 225.8B won
BS Financial Group Inc., the holding company of regional lender Busan Bank, said Monday its net profit came to 225.8 billion won in the first half of...
HSBC appoints Paul Arrowsmith as Head of Retail Banking and Wealth Management
He will be reporting to Alex Hungate, General Group Manager and CEO in Singapore.
Kyungeun Savings Bank suspended for six months
South Korea's Financial Services Commission suspended the operation of a local savings bank for six months, citing its capital shortage, according to...
CIMB bolsters India-Asean business flow
CIMB will be looking at investment opportunities for Malaysian and Asean companies to invest in India and vice-versa.
Depositors demand money from collapsed Indian bank
Hundreds of depositors gathered outside the Veershaiva Co-operative Bank's branch in Andheri in north Mumbai to demand their money back after the...
Banking operations in India hit by nationwide strike
Most banking transactions across India were affected by strikes of some one million staff.
Maybank eye RM2.5B deposit growth with new campaigns
Maybank is aiming for least a RM2.5 billion deposit growth from the new Save & Win Campaign and online savings account called M2U Savers, to...
Indonesia central bank mulls limiting bank ownership
The move aimed to promote good corporate governance and strengthen control of local banks.
Siam Commercial offers income tax payments through credit card
The service will ease payment of SME owners and will allow the lender to expand customer base and product cross-selling.
HDFC Bank kicks off ATM income tax payment service
The service can be accessed by the bank’s $256,718 debit card holders at 5,998 ATM outlets in 1,111 Indian cities.
StanChart to employ 2,000 people globally
The lender in a hiring spree amidst job cuts in HSBC and Barclays.
Shinhan profit surges more than double to $918.3mn
The second quarter net beats forecasts as bad loan provisions fall to less than half year-ago level.
HSBC continues to hire in China
Despite cutting 10% of its total staff, the lender continues to employ in one of its high-growth markets.
IBK increases second quarter earnings by 20.9 %
Industrial Bank of Korea's second-quarter net profit climbed 20.9 percent from a year earlier.
Woori back to profit to $752mn in second quarter
The company posted a $674.61mn gain from selling 8.3 million shares in Hyundai Engineering & Construction last April.
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The Asian connection: China's path to sustainable growth