Retail Banking
CIMB Thai woos retail clients with new deposit structure
CIMB Thai Bank is adjusting its deposit structure to expand the number of retail customers.
CIMB Thai woos retail clients with new deposit structure
CIMB Thai Bank is adjusting its deposit structure to expand the number of retail customers.
India's central bank orders removal of ‘no-frills’ tag
The Reserve Bank of India asked banks to replace the term ‘no-frills’ accounts into ‘Basic savings bank deposit accounts.
RCBC's income up 35% to $71.9M
Rizal Commercial Banking Corp.'s income grew 35 percent year-on-year in the first semester to P3.01 billion or US$71.95 milllion.
Moody’s lauds Philippine regulations encouraging mergers
Moody’s expects regulations encouraging consolidations in the smaller sector of the Philippine banking industry to improve the credit standing of big...
India seeks clarification of HSBC, Stanchart's Iran transactions
Indian agencies are gathering all details about lapses by HSBC and Standard Chartered's outsourcing jobs in complying with money laundering and...
Vietnam allows banks higher lending targets to spur growth
Vietnam's central bank has allowed lenders to raise their credit growth targets up to 27 percent from a cap of 17 percent.
Thai finance minister urges banks' recapitalisation
Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong encouraged Thai banks to recapitalise to cope with growing loan demand ahead of the...
Korea's household loan growth hits 4-month low
Household loans among South Korean banks grew at the slowest pace in four months in July as the growth of mortgage lending eased.
Global banks forced to step up supervision of India operations
Global banks that outsource work overseas will be forced to step up supervision of back office operations after lapses involving Indian offshore...
StanChart India's DRs down 7.4%
Threats to strip Standard Chartered ofits state banking licesnse pulled down its Indian depositary receipts by 7.4 percent.
Asia-Pacific banks warned against credit growth-related stress
Philippine banking sector's exposure to failure due to excessive lending remained low, according to Fitch.
Here's why investment bankers have raised hackles of retail banks
A London-based banking analyst will give a glimpse on what's going on in universal banks.
India's PNB 'banking' on retail customers for low-cost funds
Punjab National Bank has campaigned to mop up low-cost funds from retail customers.
Indian banks reject joint response to NPLs
India’s private banks have thumbed down a government proposal to pool their resources to service non-performing loans of individual banks.
Indian interest rate cut on the horizon
Remarks by India’s finance minister fuel speculation that a reduction in interest rates could be forthcoming.
Pakistan's MCB ups 1H profits by 7%
Muslim Commercial Bank posted 7% increases in both profit before tax of Rs. 17.2 billion, and profit after tax of Rs. 11.3 billion.
Here's how the suggested 50% dividend cut will impact banks' capital generation
Find out how it could lift Tier 1 capital generation to current forecast levels.
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