Retail Banking
Chang Hwa cited for good funding, liquidity
Chang Hwa cited for good funding, liquidity
Chang Hwa Bank's good market position, established franchise and importance to Taiwan banking system's stability is the basis of Standard & Poor’s...
Punjab National Bank finds no takers for PNB Gilts
Lack of buyer leaves PNB to acquire PNB Gilts as an option.
Korean Shinhan launches first branch in Vietnam
Shinhan is targeting the 90% of Vietnamese people who have yet to open a bank account with its new launch into Vietnam.
Soros invests $100mln in Minsheng
Soros Fund Management LLC, founded by George Soros, has spent $100 million to invest in China Minsheng Banking Corp Ltd. It plans to issue 3.82...
Allahabad Bank retains its conservative growth strategy
Present de facto CEO continues to adopt bottomline growth strategy introduced by his predecessor.
HSBC Amanah launches its initial off-site ATMs
The opening of ATMs in Suria KLCC signals the start of the bank's expanded distribution capability.
Newly installed DBS head outlines priorities
DBS CEO Piyush Gupta puts premium on communication with subordinates as he familiarises with his position.
Krungthai cites rising number of clients
Krungthai beat expectations by releasing 80,000 more new cards and earning $6 million net.
CIMB's 9-month profit up 27.7%
CIMB reported a net profit of US$593 million for the 9 months of 2009 due to divisions' good performances. This represents a 22.7 percent year-on...
China banks: SMEs are more profitable
Research shows banks can profit up to 30% more from loans to SMEs.
State Bank of India to raise $300mln loan for HCL Tech
According to a source, India's largest lender plans to market the syndicated loan in UK. State Bank of India is in talks to raise a $300 million...
ANZ global headquarters gets environmental recognition
ANZ today announced the official opening of its global headquarters, ANZ Centre, in Melbourne’s Docklands precinct.
RHB earns positive outlook with transformation
Encouraging improvements in the financial profile of RHB due to transformation earned it a positive from stable outlook. According to Standard & Poor...
StanChart funds renewable energy projects in Korea
As part of its dedication to its sustainability movement, Standard Chartered will finance renewable energy projects in Korea.
Commonwealth Bank reports peak in bad debts
Commonwealth Bank said its unaudited cash profit was around 1.4 billion Australian dollars (US$1.29 billion) for the three months ended Sept. 30...
ICICI, Temasek may revive Firstsource sale
Plans may be in the works for Singaporean state investor and Indian ICICI bank to sell their stakes in Firstsource Solutions.
Chinatrust: Chinese banks lack financial ‘know-how’
Chinatrust Commercial Bank plans to partner Chinese banks through consumer financing education and credit card operations.
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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.
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