News

The number of Thailand’s banks may shrink from 14 to as few as five.

The world's biggest banking show will be back in Singapore after 12 years and promises to be a showstopper at the Marina Bay Sands.

The Indian government is turning to its banking sector to prop-up its sagging economy.

Standard Chartered Bank is making Kuala Lumpur its global business hub for Islamic consumer banking as part of its strategy to grow its Islamic banking business.

The National Bank of Abu Dhabi has opened its wholly-owned subsidiary in Malaysia to extend its expansion to 14 countries.

The banking sector could see a large drop in profits this year due to domestic and international financial turmoil.

Earnings of four major South Korean banks may have dropped nearly 15 percent on-year in the first half.

Korea's banks are likely to be more cautious about extending loans due to increased economic uncertainty at home and abroad.

One of Southeast Asia’s top-ranked and most aggressive banks is now in a position to challenge its larger western rivals in Asia.

Bank Mandiri will focus on increasing its share of low-cost third-party funds such as savings and current accounts to 70 percent.

The State Bank of India has done away with minimum balance criteria for saving banks account in order toattract new customers.

Bank Islam Malaysia has offered to acquire between 30 and 40 percent stake in an Indonesian Islamic bank.

Europe’s punishing financial turmoil has been good for China’s Big Four banks.

Indian Overseas Bank is waiting for the European crisis to stabilise to raise US$ 500 million through medium-term notes for funding its overseas operations.

Bank Mandiri may open branches in three neighboring countries as part of its plan to become a top lender in Southeast Asia.

Armed with ample cash, China’s second largest bank will now accelerate its overseas expansion.