Retail Banking
How will foreign banks' local incorporation affect Singapore's banking industry?
Foreign banks are now forced to decide whether to further commit to the Singaporean market and compete with domestic banks neck-to-neck, says ADB.
How will foreign banks' local incorporation affect Singapore's banking industry?
Foreign banks are now forced to decide whether to further commit to the Singaporean market and compete with domestic banks neck-to-neck, says ADB.
Pawnshops, stores to offer banking services in the Philippines
The Philippine central bank mulls making sari-sari stores, payments centers and other store-like facilities banking conduits.
Surprise Chinese banking rate cut continues to backfire
Fears spread as the Chinese central bank recently reduced its main lending rate by 0.31 percentage points to 6%.
Net drops 57% as lending grows for Indonesia's Bank Mutiara
Bank Mutiara's net profits fell 57 percent to Rp 86 billion or US$9 million in the first semester.
Nepal's Mega Bank to form alliances with other Asian banks
Mega Bank has announced a plan to enter into strategic alliance with leading banks in South Asia and other Asian countries within next five years.
Number of Thai banks may be reduced
The number of Thailand’s banks may shrink from 14 to as few as five.
Korea's savings bank pay fat salaries to execs despite losses
Korean savings banks pay their executives hundreds of millions of won per year despite losses and threat of insolvency.
National Bank Of Abu Dhabi expands in Malaysia
The National Bank of Abu Dhabi has opened its wholly-owned subsidiary in Malaysia to extend its expansion to 14 countries.
China considers DIS to mitigate coming bank failures
The souring economy is forcing China to hedge against bank bankruptcies.
Chinese banks to see lower profits this year
The banking sector could see a large drop in profits this year due to domestic and international financial turmoil.
Kumar is new RHB Group CFO
RHB Banking Group has appointed Prem Kumar as its new Group Chief Financial Officer.
Tamilnad Mercantile Bank promotes Murthy to Managing Director-CEO
Nagendra Murthy, erstwhile General Manager of the Credit Department of Tamilnad Mercantile Bank, has been named Managing Director.
Earnings of South Korean Banks nearly 15% down
Earnings of four major South Korean banks may have dropped nearly 15 percent on-year in the first half.
RMB trade settlements settled through HK
Eleven percent of China's trade in 1Q12 were RMB trade settlements that were mostly settled through Hong Kong.
Will China continue to benefit from Europe's financial turmoil?
Reports say that Chinese banks grabbed a third of global banking profits in 2011 as European banks retrench - but will this last?
Bank Mandiri targets more low cost funds
Bank Mandiri will focus on increasing its share of low-cost third-party funds such as savings and current accounts to 70 percent.
SBI eyes new clients by waiving minimum balance for savings accounts
The State Bank of India has done away with minimum balance criteria for saving banks account in order toattract new customers.
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