Retail Banking

Singapore banks' deposit market share under threat from foreign banks

They have already increased fixed deposit rates at ~1%.

Singapore banks' deposit market share under threat from foreign banks

They have already increased fixed deposit rates at ~1%.

This graph shows Singapore banks' earnings growth trends till FY13

DBS, OCBC, and UOB are in for more disappointing earnings ahead.

India's Syndicate Bank eyes 15% loan growth

Syndicate Bank hopes to achieve a loan growth of 15 percent and net interest margin of over 3 percent in 2012-13.

India's Reliance Capital gears up for banking business

Reliance Capital, the financial services arm of Anil Ambani-led Reliance Group, announced its full preparedness to foray into the banking business.

Korean banks resilient to household debt: Moody’s

A solid capital buffer against possible debt defaults makes South Korean banks resilient to the country’s household debt, according to Moody’s.

RHB Bank's Vince Au Yoong vows not to enforce product-pushing

The bank's new retail banking director aims to focus on customer segments and needs.

HSBC Singapore commits to a 3-year sponsorship extension of a golf event

The 2013 HSBC Women’s Champions will take place February 28 to March 3.

Vietnam proposes trillion dollar solutions for bad debts

Vietnam is seriously considering setting-up an asset management company capitalized at US$4.8 trillion.

Indian Bank net profit up 6% at $92.4M

Indian Bank posted a net profit of Rs 496.68 crore or US$92.4 million for the second quarter ended September.

KEB earns less than expected in Q3

Korea Exchange Bank's earnings for the third quarter was less than expected due to falling profit margins and higher loan-loss reserves.

CIMB Thai net profit up 66%

CIMB Thai recorded a 66 percent increase in net profit with 1.4 billion baht for the nine months of this year.

Raiffeisen Bank International AG gets banking license in Hong Kong

This brings the number of licensed banks in Hong Kong to 155.