Retail Banking

China’s Big Four dominate world’s top banks

China’s state-owned banks remain among the world’s most profitable and the largest in market capitalization, said a report by Boston Consulting Group...

China’s Big Four dominate world’s top banks

China’s state-owned banks remain among the world’s most profitable and the largest in market capitalization, said a report by Boston Consulting Group...

Krung Thai Bank to expand in Myanmar, Vietnam

Krung Thai Bank believes that it will have enough financial muscle to serve non-Thai customers such as state agencies in Myanmar and Vietnam.

Affin starts negotiation for Bank Muamalat merger

Malaysia's central bank has given the green light for Affin to commence negotiations for a possible acquisition of equity interests in Bank Muamalat...

Citibank unveils Dining Program for Philippine cardholders going to Australia

All Citibank credit cardholders get a free bottle of award winning wine everytime they use cards to pay.

BoCom to raise US$8.98 billion for capital replenishment

China's fifth largest lender by assets, has received government approval to complete a private share placement.

ANZ may sell Asia bank stakes due to stringent capital rules

ANZ would sell some of its stakes in Asian banks if Australia does not ease stringent capital requirements, said chief executive Mike Smith.

Indonesia's BTN ups profit by 63% in H1

riven by rising loan demand, Bank Tabungan Negara's profit jumped 63 percent in the first half of the year.

CIMB Group's net profit reaches a record RM2.120b in 1H12

Thanks to the strong growth at CIMB Niaga and CIMB Singapore and outperformance at Corporate Banking and Treasury Markets.

State Bank of India strives to stave off bad debt tsunami

Bad debts sour the outlook for India’s largest lender despite a 138% rise in net profit in the three months ended June 30.

Thailand's Kasikorn Bank customizes services for Chinese customers

Kasikorn Bank plans to offer Chinese-language forms and documents, Chinese-speaking call center and a number of Renminbi-based transaction services.

Commonwealth Bank of Australia posts $7.43B profit

The Commonwealth Bank of Australia bucked uncertain business environment to push its profit up 11 percent from last year to US$7.43 billion.

Check out how DBS, OCBC, and UOB fared in 2Q12

Analysts' optimism for the sector is dampened as signs of slowing revenue growth in 2Q raise concerns.

Is South Korea's banking industry headed for a breakdown?

Find out what Fitch Ratings has to say following various reports of South Korean banks' falling profits, cautious lending, and other anomalies.

Bank Negara Indonesia to partner with 46 Japanese banks

BNI is looking to partner with 46 Japanese regional  operating in Indonesia within the year.

Thai banks compete for deposits

Thailand's commercial banks are fiercely competing for deposits as lending expanded 14.2 percent in the second quarter against 10.1 percent year-on...

Malaysia's CIMB to expand in Laos through Thai unit

CIMB Group will expand in Laos through its Thai unit as the two countries share a historical and trade relationship.

Thai banks say liquidity is sufficient

Thai banks are cool to Finance Minister Kittiratt Na-Ranong's advice to recapitalise as many of them have built up reserves aggressively in the past...