Retail Banking

China banks' loans to foreign shipbuilders surge

Lending increased by more than 10% as banks follow government’s initiative to revitalise shipbuilding industry.

China banks' loans to foreign shipbuilders surge

Lending increased by more than 10% as banks follow government’s initiative to revitalise shipbuilding industry.

Bank Danamon 2009 net unchanged at $165.24mln

Lender’s CAR topped 20.7% as its equity grew 49% despite flat profit performance.

Hong Leong Q2 profit down 13% at $66mln

Lender is upbeat Malaysia's economic recovery in second half of 2010 would provide it growth opportunities.

Rabobank appoints Soh Hang Kwang CEO of Singapore branch

Under Head of Asia for Rabobank International Robert Jan van Zadelhoff, Soh Hang Kwang will also lead Representative Markets.

MasterCard Worldwide appoints Denzil Lawson head of Regional Business Development

Lawson, who last held the position of General Manager for Middle East and Levant, will now handle business development of the Asia/Pacific, Middle...

SBI plans raising $4.3bln through rights issue

Amount will be added to lender's target of $10.8bln to satisfy India's growing loans demand.

CIMB 2009 net surges to $822.2mln

Increasing input from overseas business and improved capital market operations helped boost record-high profit to $235.8mln.

India facilitates selection of public sector bank chiefs

Retirement of 10 PSB chiefs forced government to appoint one month ahead of schedule.

Bank of Singapore targets doubling assets to US$46bln

OCBC's private banking arm capitalises parent company’s strong base in Southeast Asia to achieve its goal.

National Australia Bank's bid for RBS stakes endangered

Plan of buying $3.1bln assets could be stalled as Britain's Labour government favors Northern Rock.

Approval of ICBC's $530mln bid for ACL likely

China lender targets owning 51% of ACL shares as it strives to gain foothold in Thailand.

Moody's upgrades AmBank's BFSR to D

Moody's has upgraded AmBank's Bank Financial Strength Rating to D from D-. It further confirmed the bank’s foreign currency deposit ratings of Baa2/P...

ANZ to rebrand wealth management unit

Sources said moniker “OneWealth” will be used to refer to its US$45 billion business.

China defends 2 banks downgraded by Fitch

Regulator insisted banks are sound despite admitting that country’s excessive lending exposed them to credit risk.

Bank of Philippine Islands Q4 net up 7%

2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth. 

Bank of Philippine Islands Q4 net up 7%

2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth. 

Bank of Philippine Islands Q4 net up 7%

2009 full year 33% unaudited income rise is part of BPI’s recorded earnings growth.