Retail Banking
IBK's earnings dip 73 % to $33M in Q4
Increase in loan-loss provisions caused IBK's fourth-quarter earnings to go down by 73 percent from one year ago.
IBK's earnings dip 73 % to $33M in Q4
Increase in loan-loss provisions caused IBK's fourth-quarter earnings to go down by 73 percent from one year ago.
Bank Islam's junior scheme well received in Sabah, Sarawak
Bank Islam elicited encopuraging response in Sabah and Sarawak for its Al-Awfar Junior savings account for young customers.
FATCA set to be a burden to Asian banks
As the US pushes for stricter regulations to avoid tax evasion, Asian banks are forced to follow implementation and remediation requirements by 2015...
A small victory for the Chinese bank depositor
The lowly depositor has taken one small step towards getting more respect from Chinese banks.
Danamon`s profit up 16% in 2011
Bank Danamon increased its consolidated profit by 16% to Rp3.34 trillion in 2011from Rp2.88 trillion in 2010.
Moody's issue stable credit ratings for Sacombank
Moody's announced credit ratings for HCM City-based Sacombank. It assigned ratings of B2 (not-prime) to Sacombank's long- and short-term foreign...
AMMB enjoys 19th month of consecutive profit growth
AMMB's 9-month pre-tax profit until Dec 31, 2011 surged to RM1.598 billion from RM1.439 billion it posted for the same period last year.
Graph of the Week: AsiaPac banks’ exposure to the EU crisis
Singapore and Hong Kong will be the hardest hit should euro area banks retreat.
S&P assigns stable outlook for Sacombank
Standard & Poor’s assigned its ‘B+’ long-term and ‘B’ short-term counterparty credit ratings to Sacombank.
India's Bank of Baroda sees Africa as" center of growth"
Bank of Baroda plans to expand its African business with ten new branches in the next four to five months.
Singapore banks want exemption from US FATCA rules
Banks in Singapore are lobbying against the US' Foreign Account Tax Compliance Act or Fatca.
Big NZ banks experience soaring profits
Earnings of ANZ, ASB, BNZ, Westpac and Kiwibank for the last six months of 2011 rose by 25 percent to $2.8 billion.
HSBC elated with progress in Malaysia
HSBC is pleased with the progress of its Malaysian operations, which has been growing in the last two years.
Malaysia's Bank Islam still enamored with Indonesian market
Bank Islam Malaysia Bhd still has its eyes set on expanding in Indonesia.
ING accountant sentenced to 7 years for stealing
Rajina Rita Subramaniam, a Sydney-based accountant, got a seven year jail sentence for stealing A$45 million from her employer, ING Holdings.
Citi revamps Asian management structure
Citigroup Inc's Asia-Pacific chief executive announced a new management structure with the region's markets head, Rodrigo Zorrilla, promoted to COO.
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