Retail Banking
SHB and Habubank approved for merger
The State Bank of Vietnam has approved in principal the merger between Habubank and SHB.
SHB and Habubank approved for merger
The State Bank of Vietnam has approved in principal the merger between Habubank and SHB.
Indonesia to hinder future foreign takeovers of local banks
Indonesian lawmakers resort to using legislative powers as they realize that blocking deals proves futile.
HSBC Viet Nam pre-tax profit up 40%
HSBC Viet Nam’s pre-tax profits grew 40 per cent last year to VND1.97 trillion or US$94 million.
Krung Thai Bank expects smaller Q1 loan growth
Krung Thai Bank lowered its mortgage loan growth projection for the first quarter of the year to US$161.3 million from US$322.68 million.
RCBC and Resona Bank forge alliance
Two of the largest banks in the Philippines and Japan have agreed to work together to leverage growth prospects in their respective countries.
Sarkar ceases to be Allahabad Bank director
Allahabad Bank has informed BSE that Shri D. Sarkar ceased to be the director of the Bank. The former Executive Director of the Bank has joined the...
Taiwanese banks' key profitability indicators
Taiwanese banks’ net interest margins are unlikely to improve in the next 2 years, says Standard & Poor's.
Mitsubishi UFJ goes for more M&As in the USA
Japan's biggest lender has not lost its appetite for massive mergers and acquisitions.
Ramamurthy to head AmBank Group
Ashok Ramamurthy has been appointed as the new AmBank Group managing director.
CIMB appoints Renzo Viegas as deputy CEO
He will also be the head of consumer banking starting 2 April 2012.
DBS inks a deal with Fullerton to acquire Bank of Danamon's major stakeholder
DBS plans to acquire remaining less than 30% listed shares from minor shareholders through amandatory tender offer of IDR7,000 per share.
ICBC records record high net profit in 2011 amid growing bad loans
ICBC's net profit for January to December period gained 26% to CNY208.27 billion or US$33 billion from CNY165.16 billion.
DBS mum on pursuing Bank Danamon shares
Investors have expressed interest in buying a stake in Bank Danamon from its controlling shareholder.
China Construction Bank posts 25% net profit growth
China Construction Bank registered a 25.48% growth in its $26.89 billion net profit in 2011.
Narangoda steps down as Seylan Bank chairman
Eastman Narangoda announced that due to personal reason he has stepped down from his post as Chairman of Seylan Bank.
Top Chinese banks post embarrassingly high profits
Seven of China’s leading banks lean on interest income to book record profits.
Malaysia’s Bank Rakyat with record profit
Malaysia’s largest Islamic cooperative bank focuses on personal finance and attains record operating figures.
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