Retail Banking

Bank of Punjab gets US$123M capital boost from Punjabi govt

The Government of the Punjab contributed US$123 million as advance subscription money towards proposed increase in the Bank of Punjab’s paid up...

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Bank of Punjab gets US$123M capital boost from Punjabi govt

The Government of the Punjab contributed US$123 million as advance subscription money towards proposed increase in the Bank of Punjab’s paid up...

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Hang Seng expresses commitment to China

Hang Seng Bank held a Board of Directors meeting in Yantai City to express its strong commitment to mainland China. Yantai in Shandong province is...

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Yuen and Mohan are new ANZ heads for HK and NW Pacific

ANZ appointed Susan Yuen and Vishnu Mohan as Chief Executive Officers of Hong Kong and North West Pacific, respectively. Mohan will also be ANZ’s...

People

HSBC segregates general banking from investment services

HSBC is implementing new measures at its branches to segregate its general banking service areas from investment service areas. This is in line with...

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St.George heeds customers' calls for lower service fees

St.George Bank of Australia will reduce monthly account service fee from US$5.6 to US$4 per month. Additionally customers who deposit at least US$1610...

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J&K Bank revs up momentum with ATMs

Still on cloud nine over posting its highest profit ever of US$86 million, the Jammu and Kasmhir Bank dedicated four ATMs to Rajouri.

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HSBC, Bank of China are top HK market makers

The Hong Kong Monetary Authority placed the HSBC and the Bank of China at the top of new sets of league tables of market makers for bills and notes...

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GE Money sold to BDO

Banco De Oro Unibank, Inc. and GE Capital have agreed to transfer GE Money Bank in the Philippines to BDO.

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Only two of India's 19 nationalised banks are sufficiently capitalised

So the newly returned government is asking the World Bank for $3 billion to recapitalise 17 banks with tier 1 rations of under 14 percent.

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Moody's assesses Thai banks' resilience to crisis

Moody's will determine the appropriate systemic support for Thailand's bank ratings and the implications for 11 banks identified as being potentially...

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Public Bank provides automatic transfer from parents' account

Public Bank's new account encourages children to save through automatic transfer of monthly allowances from the parents’ account to their account...

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Maia named CEO of HSBC Australia

HSBC has appointed Paulo Maia, currently Deputy CEO of HSBC Brazil, as CEO of HSBC Bank Australia. The new appointment will come into effect on 1 July...

People

Maybank's recycled wallpaper to attract 100,000 online deposits?

Maybank hopes to attract its young population to patronise its online deposit service by adopting a green theme for its Yishun branch. Among their...

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State Bank of India staff threaten permanent strike

No, really. And as well as an indefinite strike, union leaders want more money and a promise not to privatise India's largest bank.

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Sit to sit as Hang Seng China CEO

Mrs Dorothy K Y P Sit, Director of Hang Seng China, will be appointed as Chief Executive of Hang Seng China. She is currently General Manager and...

People

Maybank's net profit down to RM1.81b

Maybank recorded a net profit attributable to shareholders of US$512.89 million for the nine months ending 31 March 2009. Its net profit for the same...

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