Retail Banking
SBI plans raising $4.3bln through rights issue
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.
Bank Rakyat Indonesia mulls acquiring Bank Agroniaga’s stake
Bank Rakyat is eyeing more than 50% stake 3 years after its last acquisition.
Bank Rakyat Malaysia eyes $500.4mln net in 2010
But the target couldn't be met if Bank Negara decides to increase OPR by .5%.
National Australia Bank’s Q1 net flat at US$986mln
Subdued credit growth and fierce competition caused NAB to lag behind rivals.
Woori's various merger scenarios with other banks surface
Regulator announced possible union between Woori and KB Financial as South Korea targets global financial competitiveness.
OCBC 2009 profit up 12% on non-interest income surge
37% growth in non-interest income together with lower cost-to-income ratio helped lender earn S$1,962mln.
Thought Leadership Centre
In Association with
Most Read
1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. OCBC to finance $10.9b of investments to UK growth sectors 3. Singapore’s financial sector turns to contract hiring for cost control 4. ANZ moves up incoming CEO Nuno Matos’ start date to May 12 5. India’s credit card spend slumps 9% MoM to 7-month lowResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Events
Event News
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
WealthTech vs. Banks: The battle for Asia’s $700b digital wealth opportunity
Empowering Women in Finance: Securing a Future of Opportunity