Retail Banking
Vietnam President upbeat with ACB's development
Vietnam President upbeat with ACB's development
Vietnam President Nguyen Minh Triett said he believed that with its advantages in capital and its professionalism, Asia Commercial Bank would...
MCB merges with Arif Habib Investments
MCB Bank, its sponsors and Arif Habib shareholders signed the proposed merger agreement of their asset management companies.
Hong Kong banking remains resilient
Hong Kong’s banking sector remained resilient last year despite uncertainties in the global landscape.
Korea Eximbank needs to increase capital
The new head of South Korea's state-run trade bank on Wednesday stressed the need to increase the bank's capital in a bid to beef up its capacity to...
NAB maintains campaign to abolish fees and cut prices
The lender pushes move despite amidst Senate Economics Committee report on banking competition.
Shinhan fourth quarter profit down 44% to $328mn
The lender still on hunt for CEO as acting Chair and CEO Ryoo Shee-yul is not included on the list.
Westpac provides emergency banking in Tully, Caldwell
Westpac has set up an emergency banking relief service in Tully for Cyclone Yasi -affected customers. This will allow them to cash emergency relief...
DBS appoints senior private bankers for Indonesia team
The bank assigns Stanley Puah and Tan See Wee to increase Indonesian team by 25%.
HDFC Bank offers salary accounts for Indian Army
Aside from $11,039 free life coverage, salary account’s other features includes pension accounts, wealth advisory services, as well as debit and...
Shinhan Financial's Q4 net up 42.2%
Shinhan Financial Group's net income stood at US$329.9 million for the October-December period. Compared with with the US$232 million for the same...
KEB Q4 net falls 22.8 %
Korea Exchange Bank's earnings sank 22.8 percent in the fourth quarter from a year earlier due to a non-interest loss and rising costs.
Indonesian banks lag behind in ASEAN
A number of efficiency indicators reveal that Indonesia’s banks are still far behind in the ASEAN.
Indonesia extends deadline for single bank ownership
Indonesia will delay an end-2010 deadline requiring investors to own only a single bank.
Indian Overseas Bank seeks Gulf expansion
The lender is planning to raise $1bn via medium-term notes in various tranches to increase its Tier-I capital in compliance to Basel II capital...
Hana nears completion of funding for KEB acquisition
Hana’s KEB takeover is still subject for Korea’s financial regulator’s approval.
3 Indian banks forms $58.4mn JV in Malaysia
Should Malaysian regulator approve the BoB, IOB and Andhra JV, the operations will start in June.
Chinese banks eyes growth during 12th Five-Year Plan
China banker said consumer credit, asset management and credit cards businesses would prosper over the next few years.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
Why high capital levels are a double-edged sword for Singapore banks