Retail Banking
Techcombank gains $140.9M in 2010
Techcombank gains $140.9M in 2010
Techcombank bank reached a total pre-tax profit of US$ 140.9 million and total asset value of 7.68 billion, in a year-on-year increase of 62 per cent...
Vietinbank sells 10% stake to IFC for $182M
The IFC will invest about US$182 million in equity and US$125 million in subordinated debt in VietinBank.
Bank of Maharashtra records 42.9 profit growth
Bank of Maharashtra's operating profit for the third quarter of current financial year stands at US$172.7 million.
ICICI Bank signs banking services MoU with Indian Army
ICICI Bank Ltd, India’s largest private sector bank, and the Indian Army today signed a Memorandum of Understanding on extending the modern banking...
IDBI records net profit
IDBI Bank reported a net profit of US$99 million for the quarter ended December 31, 2010.
Philippine rural banks decline in number
There are now 33 less banks operating in the Philippines due to consolidation and closure.
ANZ pares down 45 personnel
Small restructure in the bank’s retail distribution not a start of mass layoff but to increase efficiency.
EON Bank targets expansion despite merger with Hong Leong
EON Bank continues to open more branches and pursue investments in 2011.
NAB opens access to more BNY services
The 14 year relationship of two companies enables NAB to give their clients wider range of BNY products.
BPI 2010 profit up 33% to $258.17mn
The lender is cautiously optimistic on Philippine banking industry as concern for troublesome global economy contagion still remains.
KTB to move ahead into insurance market
KTB has joined hands with KTB-AXA to develop new life insurance products to welcome the year of golden rabbit. Ms. NongNutch Thienpaitoon, Senior...
SCB strengthens retail banking through 3 promotions
Siam Commercial Bank has promoted Ms. Pikun Srimahunt to Executive Vice President of the Mortgage Business Division. It also promoted Ms Sanannart...
Bank Mandiri targets international bank status
The lender aims to pass Bank Indonesia’s standard for making Indonesian lender global via right issue.
Chinese lenders expands presence in Europe
China is seeking to diversify its assets by branch expansion of its financial institutions.
PBCom profit up 587% to $16bn
Bigger gains in trading and lower funding costs boosted the bank’s profit.
Korea Exchange Bank union warns of strike
Workers plans to stop takeover by Hana as it will probably implement a massive reorganization that involves downsizing.
EON Bank to proceed with expansion despite takeover saga
EON Bank Bhd is going ahead with its expansion plans this year despite being caught in the middle of a takeover saga.
Thought Leadership Centre
In Association with
Most Read
1. CIMB Philippines says fund transfer issue ‘resolved’ 2. UOB inks MOU with Accenture for AI adoption and application 3. Cambodia and Japan enable QR code payments between the two countries 4. Standard Chartered appoints Noelle Eder as group head of tech & operations 5. HSBC group chairman Mark Tucker announces retirementResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
AI can help financial institutions’ marketing teams get the job done.
Commentary
The Asian connection: China's path to sustainable growth