Retail Banking

Dhanalakshmi Bank launches Internet banking

Dhanalakshmi Bank is leveraging technology to spread its footprint across the country with its new Internet banking services.

Dhanalakshmi Bank launches Internet banking

Dhanalakshmi Bank is leveraging technology to spread its footprint across the country with its new Internet banking services.

Banco de Oro posts highest AUM with $6.97B

Banco De Oro Unibank has the highest assets under management at the end of June 2009, accounting for 25.15 percent of the total or US$8.56 billion...

Zaharrudin to replace retiring Ahmad as Maybank chair

Maybank Chairman Tan Sri Mohamed Basir bin Ahmad will not seek reappointment at the forthcoming Annual General Meeting on 30 September and will retire...

CIMB officially rebranded and listed

CIMB Group CEO Datuk Seri Nazir Tun Razak said the banks was now at "day one" with the brand change from Bumiputra Commerce complete for all 36,000...

Stanchart launches Private Banking in Taiwan

With high net worth individuals set to double by 2012, Stanchart wants to double its AUM.

Wong is HSBC China's new Deputy CEO and Director

HSBC Bank China appointed Helen Wong as its new Deputy Chief Executive Officer and Director of the Board with immediate effect.

Hatton National Bank's profit up 13% to US$15.39 million

Increased earnings from fixed income securities and customer deposits pushed Hatton National Bank's net interest income up by 18 percent to US$61.67...

ICBC grows assets by pursuing Chinese clients overseas

By extending its overseas operating institutions to 15 countries, ICBC's overseas operating assets as of end of June grew to US$46 billion, increasing...

BPI first half net income up 38.4%

BPI turned in a net income of US$49 million in the second quarter 2009, bringing the first semester total to US$108 million, 38.4 percent over 2008...

Security Bank ROE up 20.76% for 1st half

Increase in loan portfolio and deposit base pushed Security Bank's Return on Equity to 20.76 percent. This is significantly higher than the Bank's 19...

DBS appoints Piyush Gupta as CEO

DBS has appointed veteran banker Piyush Gupta, 49, as Chief Executive Officer (CEO). A Singapore permanent resident, Gupta spent over two-thirds of...

Philippine GE Money now a Banco De Oro subsidiary

Banco De Oro has completed the purchase of 98.81 percent of the issued and outstanding common stock of GE Money Bank. At the same time, the Bank...

Capital markets, interests push UnionBank income up 83%

UnionBank credits its treasury business and interest earnings for the 83 percent surge in its first half income. The bank registered a profit of US$45...

UOB profit drops 22% to $328 million

Provisions for bad loans almost trebled USD$310 million as chairman Wee Ee Hong said he was more upbeat.

Metrobank trims costs 6.7% to post 11% profit increase

Metrobank President Arthur Ty says his bank will continue to cut costs to boost the bottom line, and it's working.

Thai gov't puts Siam City on the block

And the government considers waiving 49 percent rule to allow foreign banks to take a controlling stake.

Wing Hang profits down by 45.4%

Wing Hang Bank blames unemployment and shrinking trade for its 45.4 percent decrease in profits for the first half of 2009.