Retail Banking
Maybank targets 20% stake in An Binh Bank
Maybank targets 20% stake in An Binh Bank
ABBank's selling of 5% of its stake to Maybank makes it on equal footing with HSBC.
UCPB: Moving forward amid legal debacles
Perhaps a drive through Manila’s main thoroughfares would make one realize that Philippine banks have changed – quite literally, that is – what with...
Hwatai Bank recovery seen in 2 years
Hwatai Bank is expected to generate pre-loan profits in two years with less credit costs and breakeven bottom-line.
India's FC upgrade affects 14 banks
The recent upgrade of India's foreign currency deposit ceiling also improved that of its banks. Moody’s Investors Service also upgraded the long-term...
New Stanchart CEO in Korea keen on expansion
Newly-appointed SC First Bank chief Richard Hill will invest $100 million in the next two years.
China Bank ups network to 237 branches
China Bank opened another five branches in Metro Manila to bring its nationwide branch network to 237. This excludes the six China Bank Savings...
Samsung Group launches microcredit bank
The bank handles $257.12 million in funds and is geared to expand with five branches.
RHB Bank keen on new Indonesian arm, Mestika
Acquisition of Bank Mestika provides access to the bank's most important overseas market.
Siam Commercial Bank sustains financial profile
Siam Commercial Bank has maintained its strong financial profile despite political unrest and export contraction that has hit the Thai economy. This...
Taiwan Banks to go slow on China
Due to unknown operating risks and strong domestic competition, Taiwan banks will be careful in penetrating China's banking sector.
Bank of Ceylon earns 34% more
Bank of Ceylon’s post-tax profit for end of 2009 grew by US$4.4 million to US$17.4 million. The figure is a 34 percent increase from US$13 million in...
Maybank disinterested in Siam City Bank stake
Maybank emphasized in an official statement that it will not make any bid for a stake in Siam City Bank.
HSBC to close Royal Bank of Scotland deal
Regulators' nods are the only impediment to HSBC's buying of RBS Asia units.
Australian competition regulator eyes halt on bank mergers
ACCC will likely turn down mergers of Big Four with smaller banks amid global financial crisis.
Maybank targets $955M deposit increase
Maybank is targeting to increase deposits by US$955 million during the current four-month period through its deposit campaign.
ANZ acquires RBS in Vietnam
RBS Vietnam became the second of six markets to transition to ANZ ownership after the acquisition of RBS Philippines.
India’s finance minister: Government to sponsor banks merger
Indian government ensures its support provided that public sector banks would meet regulators' guidelines.
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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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