Retail Banking

Public Bank net rises 3% on financing gains

Public Bank Group achieved a net profit of US$339.3 million in the first half of 2009. While the bank’s net profit for the same period in 2008 was US...

Public Bank net rises 3% on financing gains

Public Bank Group achieved a net profit of US$339.3 million in the first half of 2009. While the bank’s net profit for the same period in 2008 was US...

KTB addresses customers' complaints

Krung Thai Bank has joined the Bank of Thailand and the Securities and Exchange Commission to address customers' complaints about loan refusals.

HSBC expands from Bohai Rim to China's inland cities

HSBC Bank China expanded in China's Bohai Rim region by becoming the first foreign bank to open a branch in Jinan.

OCBC, Great Eastern collaborate in bancassurance

OCBC Malaysia will grow its bancasurance business by distributing Great Eastern Life Assurance developed products through its 29 conventional banking...

Tsang is SC's chairperson for Greater China

Standard Chartered Bank China has appointed Katherine Tsang as Chairperson for Greater China.   In her new role, Katherine will help capture...

Jalil, Shahudin and Wai appointed to Maybank board

Maybank appointed three directors to the Board, namely Tan Sri Datuk Dr Hadenan Jalil, Dato’ Seri Ismail Shahudin and Dato’ Dr Tan Tat Wai. It is...

Bank of Ayudhya to acquire indirect AIG subsidiary

Bank of Ayudhya came to terms with the American International Group to acquire 100 percent shares of CFG Services Company Limited. The transaction...

Bank of Ayudhya close to acquiring GE Money Thailand

Bank of Ayudhya has reached an in-principle agreement with GE Capital for the purchase of GE Money Thailand. The proposed transaction is subject to...

Mackay, Ancona swap roles at HSBC

The Hongkong and Shanghai Banking Corporation Limited has appointed Iain J Mackay, 47, as its new Chief Financial Officer, effective 1 September 2009...

Joyce Phillips joins ANZ

ANZ appointed Joyce Phillips as Group Managing Director Strategy, M&A, Marketing and Innovation and will be part of ANZ’s Management Board.

Siam Commercial Bank to offer govt savings bonds

SCB takes part in the government's economic action plan by offering government savings bonds on 13 to 17 July and 20 to 21 July.

RCBC expansion hinged on acquiring mid-sized banks

Rizal Commercial Banking Corporation hopes to have 400 branches the soonest possible...

Krung Thai Bank pursues nationwide ATM expansion

Krung Thai Bank is going to expand ATM installation points to facilitate the clients nationwide including the four southern-most border provinces.

UnionBank's 5-month net income up by 44%

The net income of the UnionBank of the Philippines rose to US$28.97 million during the January-May period, or a 44 percent growth from US$20 million a...

Metrobank is most financially reputable: Asia 200 survey

Metrobank ranked first in “Financial Reputation” in the Philippines by readers of The Wall Street Journal Asia, according to Asia 200. The report was...

Sirodom to serve as Siam Commercial Bank director

Siam Commercial Bank named Associate Professor Dr. Kulpatra Sirodom to serve as an Independent Director and member of the Audit Committee. This is...

BEA forges collaboration with Criteria and “la Caixa”

BEA has concluded a series of business cooperation agreements with Criteria CaixaCorp and Caja de Ahorros y Pensiones de Barcelona.