Retail Banking
Indonesia wants reciprocity in Singapore operations
Indonesian banks should be given equal treatment in operating in Singapore as a condition for the approval of DBS Bank’s bid for Bank Danamon.
Indonesia wants reciprocity in Singapore operations
Indonesian banks should be given equal treatment in operating in Singapore as a condition for the approval of DBS Bank’s bid for Bank Danamon.
Maybank looking to bid for Philippine Islamic bank
Maybank may bid for Al Amanah Islamic Bank of the Philippines, who is looking to sell a 49% to 100% stake.
RHB Capital expects to begin Indonesia banking this year
A Malaysian financial group remains undeterred by Indonesian moves to cap foreign ownership in its banks.
ING Commercial Banking Asia expands into Vietnam
It will open a representative office in Hanoi on May 7.
Panin Group sees no Bank Panin sale this year
Panin Group does not expect to sell its controlling 46 per cent stake in Bank Pan Indonesia this year due anticipated strong growth.
Panin Bank hopes to boost capital by $272.9M
Panin Bank hopes to raise as much as US$272.9 million from the financial markets to strengthen its capitalization.
HSBC sells Korean retail operations
HSBC’s international restructuring has hammered its operations in South Korea.
Dhanlaxmi Bank tries to regain investor confidence
Dhanlaxmi Bank will focus on increasing its retail business and cutting costs, CEO PG Jayakuma announced in trying to regain investor confidence.
Miah promoted deputy managing director of Exim Bank
Sirajul Haque Miah has been promoted as the deputy managing director of Exim Bank.
"SMEs are the lifeblood of the economy": Standard Chartered's Tim Hinton
Hinton, Standard Chartered's new global head for SME banking, aims to put greater focus on developing and rewarding staff while giving customers...
Will Singapore banks suffer from lower earnings in 2012?
According to reports, Singapore banks may have to bear the brunt of flat interest margins and low loan growth, but will they really be hit that hard...
China hammers big banks again, warns of severe punishment
China is putting increasing pressure on state-owned banks to reform.
Bank Muamalat anticipates lower 2012 profit
Bank Muamalat is expecting its pre-tax profit for the financial year ending March 31, 2012 to go down from the preceding year.
St. George Bank staffers await promised bonuses
St. George Bank agreed to pay seven former staff the "retention incentive bonus" promised to 118 key staff nearly four years ago.
Kumar is new Prime Bank deputy managing director
Kanti Kumar has joined Prime Bank as deputy managing director.
Merican appointed Maybank Group CFO
Mohamed Rafique Merican Mohd Wahiduddin has been appointed Maybank's Group Chief Financial Officer effective June 1.
OCB's after-tax profit remains unchanged at $15.38M
Orient Commercial Bank generated an after tax profit of VND302 billion or US$15.38 million last year, same as in 2010.
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