Retail Banking

Survival of the fittest for Vietnam’s weakest banks

Vietnam’s small and weak banks face a grave situation that will soon become worse.

Survival of the fittest for Vietnam’s weakest banks

Vietnam’s small and weak banks face a grave situation that will soon become worse.

Vietnam's WesternBank posts US$7.6 M pre-tax profit

WesternBank pre-tax profit increased by 148 percent year-on-year to VND161 billion or US$7.6 million.

Khazanah Nasional takes a huge chunk of CIMB Group

Malaysia’s Khazanah Nasional triples its ownership in CIMB Group Holdings Bhd, one of Malaysia's leading banks.

Sri Lanka's NSB posts 16% deposit growth

The National Savings Bank recorded a 16% deposit growth in 2011, with its deposit base surpassing the Rs. 400 billion or US$3.2 billion mark.

Techcombank's 2011 profit up 53% to $200M

Techcombank posted a US$200 million in 2011, an increase of over 53 per cent over 2010.

FATCA triggers concerns on government-to-government reporting

Some European countries already agreed to report to their own government agencies rather than direct to the US government - will Asia follow suit?

Philippine deposits surge to US$120 billion

The Philippine baking system showed robust deposit strength in 2011.

Bank Mandiri shifts focus from corporate to retail lending

Indonesia's largest banks will start chasing high yields from retail loans.

Will Japanese banks succeed in conquering Australia?

Reports say they have plans of getting 10% of the Aussie banking industry - find out what Patrick Winsbury from Moody's thinks.

Bank Islam expects stiff competition in 2012

Bank Islam expects 2012 to be challenging with moderate loans growth and weaker net interest margin as competition sets in.

Alliance Bank eyes 15-17% growth in SME business

Alliance Bank Malaysia is confident of gaining a 15-17 percent growth in its SME business for its financial year ending March 31, 2013.

Taiwanese bank withdraws from Vietnam

The Land Bank of Taiwan has closed its representative office in Ho Chi Minh City.

Singapore’s surging loan/deposit ratio

It increased to 90% in 2011 compared to 82% in 2010.

Maybank continues to pamper the super-rich

Malaysia’s largest bank now provides top tier individuals more personalised services with exclusive regional rewards, privileges and access to client...

More loans for Islamic SMEs from CIMB Bank

The Singapore unit of CIMB Bank is poised to expand its Islamic banking operations in a big way.

Australia's Westpac to cut more jobs

Australia's Westpac Bank announced that 126 more jobs would be cut in its efforts to reduce costs.

Here’s what Asian banks need to know about FATCA

We already know the huge impact, if not burden, the proposed FATCA regulations brings to Asian banks - but what else do we need to know about the new...