Retail Banking
DongA Bank's pretax profit up 46.3% in 2011 VND1.255T
DongA Bank's pretax profit increased 46.3% to VND1.255 trillion in 2011.
DongA Bank's pretax profit up 46.3% in 2011 VND1.255T
DongA Bank's pretax profit increased 46.3% to VND1.255 trillion in 2011.
PG Bank posts VND608B pretax profit in 2011
PG Bank reported a pretax profit of VND608 billion in 2011.
GRGBanking clinches US$66.5m deal from Bank of China
BOC has awarded contracts to GRG Banking Equipment Co Ltd for new automated teller machines and ATM management software.
Banks anticipate weaker Chinese economy
Foreign banks and the Chinese government brace themselves for the inevitable economic slowdown.
AgBank and CCB appoint chairmen
Reshuffle in China’s financial leadership brought about appointment of Jiang Chaoliang as Agbank chair and Wang Hongzhang as CCB chairman.
KB Financial not interested in taking over Woori Financial
The group prioritises on securing the sufficient capital adequacy this year amid eurozone debt crisis.
Maybank to sell stake in Bank Internasional Indonesia
Maybank is seeking investors for 20% of BII stake as Indonesian regulator ordered to sell down its stake in BII to 80%.
Union: ANZ to downsize workforce
Hundreds of employees in danger of facing the axe as the lender trims down cost amid economic slowdown.
Korea financial watchdog to approve Hana's KEB takeover
The Financial Supervisory Service (FSS), is currently reviewing Lone Star's eligibility as KEB's major shareholder.
Malaysia expects growth for SME banking
The government forecasts the contribution of SMEs to the gross domestic product to rise to 41% in 2020.
ANZ to cut hundreds of jobs
Australia & New Zealand Banking Group Ltd. is set to cut hundreds of jobs according to the Finance Sector Union.
Vietnam’s central bank denies banking catastrophe
The State Bank of Vietnam, the central bank, resolutely denies the country’s banking system has fallen into a severe debt crisis.
Mitsubishi UFJ’s growth plan focuses on China, Indonesia and Australia
The bank will expand its retail lending, private banking and asset management businesses, with a special focus on China, India, Indonesia and...
Summoned chairman of suspended Korean savings bank commits suicide
Ace Mutual Savings Bank chairman Kim Hak-heon was found dead by his relative.
BofA appoints Killingback head of Asia mergers advisory
Bank of America Corp. named David Killingback head of mergers advisory for the Asia-Pacific region outside Japan.
Hana chief offers to step down amid KEB acquisition
The president of Hana Financial Group offered to resign as it prepares to complete its acquisition of Korea Exchange Bank.
China’s central bank prepares for the worst
The People’s Bank of China hopes to avert mounting economic unrest with a series of measures that include more support for struggling entrepreneurs...
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