Retail Banking
India's BPOs slow to penetrate banking sector
India's BPOs slow to penetrate banking sector
While Indian BPOs have made some progress in tapping into lending operations, not much headway has been made in non-lending operations. Indian BPOs...
Union Bank of India targets raising $500mn via bonds
The lender seeks to get funds from Reg S bond, allowing it to be offered to overseas investors.
SC First Bank asked to step up liquidity management
South Korea's Financial Supervisory Service ordered SC First Bank Monday to ramp up its liquidity management to minimize the impact of a bank run...
Philippine National Bank names Carlos Pedrosa as president and CEO
Pedrosa’s 30 years in banking made him the board’s choice to succeed Eugene S. Acevedo
Dong A posts 1st half pretax profit of VND676B
Dong A Bank posted a pretax profit of VND676 billion in the first six months, covering 52% of their annual target.
AgBank eyes 45% surge in first half profit
Despite its lock-up period will begin expiring in July, none of the bank's key investors in its Hong Kong shares have hinted of selling their stake,
Moody’s optimistic M&As beneficial to Taiwan’s banking sector
Yet mergers of key players might be postponed due to the coming presidential elections.
BNP Paribas inks deal to raise stake in OCB
BNP Paribas inked an agreement to raise its stake in Orient Commercial Bank from 15% to 20% after obtaining approval from the central bank. The...
ABBank posts VND300B pretax profit for first half
ABBank posted a pretax profit of VND 307.6 billion in the first six months, meeting 46.3% of the year target.
Hong Leong seeks M&A in emerging markets
The lender seeks growth opportunities abroad as banking competition increases in Malaysia.
Taiwanese financial companies post profit surge
Experts believe trend to continue amidst the possible signing of an insurance trade pact between Taiwan and China and Taiwan’s 2012 presidential...
StanChart to close 43 Korea branches amidst strike
Nearly half of the lenders’ 6,500 employees here had a walkout to protest against a proposed incentive-based compensation system.
CBA, UOB allowed to raise stakes in Vietnam's banks
Commonewealth Bank of Australian and Singapore's UOB can raise their staeks in two Vietanmese banks to the 20 % ceiling for foreign ownership...
Korean savings banks asked to take self-help steps
South Korea's financial watchdog requested savings banks with substandard levels of capital to submit self-rescue measures as part of its efforts to...
Labor strike prompts SC First Bank to temporarily close
SC First Bank temporarily shut down operations at 43 branches in a bid to minimize the impact of a prolonged labor strike, according to Yonhapnews.
Hana and Lone Star slash KEB deal price by 6%
But analysts say contract extension is enough to convince investors that the two companies can close the deal.
SBI aims to raise $5bln via overseas debt
The move to fund loans in India after the lender suffered dip in its Q4 net profit.
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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. DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.Resource Center
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