Retail Banking
BDO's total resources reach $23B in 2010
BDO's total resources reach $23B in 2010
Banco De Oro's consolidated resources has breached the US$ 22.8 billion mark at the end of 2010. The figure is a 16-percent increase from the...
Metrobank concludes stock right offering
Metrobank concluded a US$228.5 million stock rights offering.
ABC to speed up pace of development in 2011
ABC will build itself into an outstanding large listed bank beginning 2011.
StanChart opens 3 new branches in Jakarta
Standard Chartered Bank opened three new branches in Jakarta on Friday as part of its expansion plans.
RI sharia banks’ expects 45% asset growth in 2011
Bank Indonesia expects sharia banking assets to grow by 45 percent this year after five banks established sharia business units in 2010.
China Everbright Bank upgraded due to stable government control
Moody's upgraded China Everbright Bank's (CEB) long-term foreign currency deposit ratings to Baa3 from Ba1. It also upgraded its short-term foreign...
Moody's sees stronger franchise value in Shenzhen Development Bank
Moody's affirmed Shenzhen Development Bank's Ba2 long-term foreign currency deposit Rating. It also affirmed its D- bank financial strength rating...
Citi appoints Wang pension head for Asia Pacific
Citigroup has named Vanessa Wang Pension Services Head of Asia Pacific.
Vietnam central bank increases net capital injections
SBV adjusted the terms on the open market operations and made strong net injection of capital to support the liquidity for commercial banks.
DBS beats 4th quarter forecasts
DBS promised better returns after beating expectations with a 38 percent rise in quarterly profit.
DBS denies talks on Danamon purchase
DBS denies having talks with Temasek on buying its 68 percent stake in Indonesia's Bank Danamon .
DBS seeks China expansion, India incorporation
DBS would want to have 50 branches in China over the next three years and. It also intends to do the same in India by setting up a locally...
Woori keen on M&As of Southeast Asia banks
The bank excluded China in moves as it does not allow foreign financial companies to have management rights.
Westpac targets institutional banking business expansion
The lender wants to capitalize on expected corporate lending boom by expanding institutional banking.
Hana to sell shares for KEB takeover
Hana Financial Group plans to issue shares worth US$1.25 billion in a bid to help finance its takeover of Korea Exchange Bank.
Massive job cut leads to KB Financial Q4 loss
KB Financial Group swung to a loss in the fourth quarter from a year earlier due to a massive one-off charge for its job-cut program.
Vietnam banks expect to post strong profit growth
Commercial banks in Vietnam posted solid earnings in 2010 with an average growth in profit of over 20 per cent. Most of the growth is ascribed to...
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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Why high capital levels are a double-edged sword for Singapore banks