Retail Banking
VietinBank unveils 2 foreign partners
VietinBank unveils 2 foreign partners
Collaboration with IFC and Bank of Nova Scotia will give lender expertise in its global expansion.
The analyst’s call
Based on comparison, ICBC achieved robust loan expansion and preserved its most conservative leverage at the best capital strength by Sep 09. In...
ICICI Bank Q3 net falls by 13.4%
Net profit drop due to absence of treasury income is still smaller than anticipated.
Krung Thai Q4 profit rises beyond expectation
9.5 percent increase is eyed to get rosier this year due to stimulus package.
Alliance Bank hires new Chief Financial Officer
Eric Lee assumes CFO office after working for a global company.
Public Bank improves by 4.5% via financing income
Public Bank achieved a pre-tax profit of US$984.7 million and net profit of US$747 million for 2009. This happened on the back of a strong 10.2...
EON Capital requests Bank Negara's nod for negotiations
Talks with Hong Leong for possible acquisition of its assets and liabilities are not yet finalised.
Indian central bank's push for rate cut resisted
Banks cite cost mismatch as reason to reject RBI's planned regulation of cutting home loan rates.
Korea Development mulls bidding for Siam City
Move is KDB's response to Korean President's pressure to boost competency of state-owned banks by privatisation.
Siam Commercial plans opening China operations in 2011
Lender targets profiting from Chinese small and medium enterprises as it ventures in the country.
South Korean regulator considers suing Kookmin Bank
Bank apologizes and promises punishing those involved in leaking of memo regarding a regulatory investigation.
DBS eager to increase operations in Asia
Economic recovery and new CEO prompts lender to expansion that could increase earnings by 26 percent.
Union Bank starts move to acquire Indonesian banks
Talks with 3 to 4 small-scale Indonesian banks are part of the Indian lender's overseas expansion scheme.
Philippine Bank of Communications sale still possible
The state deposit insurer maintained hope for a possible takeover of troubled lender by March.
Korean banks can expect higher profits this year
Measures taken by the government and central bank proved to be successful in hampering NPL growth.
Commonwealth Bank of Australia plans aggressive Asian expansion
Lender wants acquisitions and formation of strategic partnerships focusing on Indonesia, China and Vietnam.
China Construction Bank and Santander eye tie-up
The joint venture intends to install 100 village banks in China with $439 million initial capital.
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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. India’s credit card spend slumps 9% MoM to 7-month low 5. ANZ moves up incoming CEO Nuno Matos’ start date to May 12Resource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
Commentary
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