Retail Banking

Korean banks eye customers from overseas

Korean banks are luring foreign customers as a consequence of an increasing number of workers from abroad and marriage immigrants.

Korean banks eye customers from overseas

Korean banks are luring foreign customers as a consequence of an increasing number of workers from abroad and marriage immigrants.

BNI profits up 23%

Higher income from interest and transaction fees pushed BNI's first quarter net profits up by 23 percent.

Eximbank to sue Kookmin Bank over Sungdong

The Export-Import Bank of Korea is suing KB Kookmin Bank over the latter's withdrawal from Sungdong Shipbuilding and Marine Engineering.

Mixed growth for China’s banking industry in 2011

Total assets of China's banking sector jumped 19% year-on-year to US$16.8 trillion in 2011, said the People's Bank of China (PBOC), the central bank...

Taiwan's banks cheating customers in interests: legislator

Delayed accounting of deposits allowed Taiwan's banks to cheat customers of over NT$13 million or US$434,000 in annual interests.

Another Korean savings bank fiasco looming

South Korea's financial regulators have begun sorting out 94 savings banks which survived the previous three rounds of expulsions.

Vietinbank, BIDV evaluated stable by S&P

Vietinbank and BIDV received a stable rating from Standard and Poor's, improving from its previous negative mark.

Morgan Stanley to engage in commercial banking in India

The Reserve Bank of India has approved Morgan Stanley's application to engage in commercial banking in India.

Basel III will have to wait

China will delay the implementation of tough new bank rules until next year.

Indian banks told to be serious with unclaimed deposits

The Reserve Bank of India advised banks to implement more processes in dealing with unclaimed deposits.

CIMB targets 17-18% growth in retail deposits

CIMB Bank is hoping to grow its retail deposit business by 17 to 18%  this year from RM53 billion last year.

Philippine banks claim safety from Eurozone crisis

The Philippines expects to ride out the worst of the Eurozone debt crisis.

China’s banking "reforms" an illusion

China’s heavily hyped banking reforms look more like a gimmick than the real deal.

TSB gears up for competition - CEO

Financial results for the TSB Bank showed 10% growth in profit to $66.5 million.

Depositors challenge basel III paradigm

Most financial services regulation fails because it is backward-looking. In seeking to address the problems of the last crisis, regulators often sow...

Loan mix in China may shift to more mid- and long-term loans

So far loan growth year-todate was mainly driven by short-term corporate loans and discounted bills, says Barclays Research.

Uco Bank going short on capital

Uco Bank will focus on retail lending to boost margin and may cut growth in the next five years to use capital frugally.