Retail Banking

Asian growth pushes HSBC profits to $22B

HSBC made a $21.9 billion profit last year, the largest among western banks, as its strength in Asia helped it cope with a euro zone debt crisis.

Asian growth pushes HSBC profits to $22B

HSBC made a $21.9 billion profit last year, the largest among western banks, as its strength in Asia helped it cope with a euro zone debt crisis.

Government limitations to provide liquidity for AsiaPac banks

Floating exchange rate regimes in Asia Pacific countries give governments flexibility to provide liquidity support to the banks, but not in Hong Kong...

BofA ramps up China expansion

America’s second largest bank wants to be among the Big Boys in China’s banking industry.

CIMB Niaga goes mobile

Mobile banking has come to Indonesia’s fifth largest bank and its third largest mortgage provider.

CIMB appoints Hatao non-independent non-exec director

The CIMB Group has appointed Katsumi Hatao as its non-independent non-executive director.

Maybank pre-tax profit up in first 6 months

Maybank posted RM3.563 billion or US$1.18 billion in pre-tax profit in the first six months ended Dec 31, 2011.

Asian banks to be mired in FATCA’s worrisome regulations

Asian banks will have to brace for financial concerns, operational burden, and data privacy dilemmas brought about by FATCA - but these are not the...

India wants far stronger banks

The tough liquidity ratios that allowed India’s banking system to withstand the worst of The Great Recession will get even tougher.

Permata Bank posts stellar income

Bank Permata reported an increase in profit last year as loan demand by Indonesian consumers and corporations rose and the economy grew.

CIMB Niaga boss sees bankers profiting in Indonesia's golden years

CIMB Niaga's president director Arwin Rasyid says Indonesia is in its “golden years” and lenders will benefit.

Perilous situation: More bad loans face Chinese banks

The souring Chinese economy continues to dent the bottom line of Chinese banks.

Graph of the Week: Higher credit costs to hit Hong Kong in 2012

Blame it on lower global economic activity, weakening domestic property markets, and higher inflation.

Worries over funding costs in Hong Kong loom in 2012

Given the challenges in credit growth and deposit, Fitch warns of some increase in funding costs.

OCBC reports rosy results

The Oversea-Chinese Banking Corporation Ltd, Singapore’s largest local bank by market capitalisation, has reported encouraging operating results for...

NamA Bank classified as having average operations

NamA Bank has been categorised in the Group 2, among banks with average operations, by the State Bank of Vietnam.

Bangladesh's current account shows more surplus in December

Bangladesh's current account balance recorded more surplus in December due to more remittance inflow and increase in export.

CIMB's keeps focus on Asean amid RBS acquisition plan

CIMB Group’s Asian expansion plan will not be significantly impacted by its purported acquisition of Asian assets of the RBS.