Retail Banking

Bank of China looks to Europe for more profits

Europe continues to be the happy hunting ground for leading Asian banks seeking growth through mergers and acquisitions.

Bank of China looks to Europe for more profits

Europe continues to be the happy hunting ground for leading Asian banks seeking growth through mergers and acquisitions.

Chinese banks under pressure to raise cash next year: source

China's listed banks are expected to raise over 100 billion yuan or $15.78 billion through equity financing next year.

VietinBank reveals business plan for 2012

VietinBank held a conference to assess the results of business performance in 2011 and set the direction and tasks in 2012. Among the participants...

Eximbank sees good potential in Sacombank

he public questioned why Eximbank invested and holds a quite large ownership ratio in Sacombank while some big shareholders of were divesting capital...

Vietcombank targets VND6.5T pretax profit in 2012

Vietcombank will target a 6.5 trillion dong of pre-tax profit in 2012.

SPD Bank's 2011 prelim profit up 42%

Shanghai Pudong Development Bank's 2011 preliminary net profit rose 42.02 percent year-on-year to 27.24 billion yuan. Revenues for the Shanghai...

Regulator: 1,696 Chinese towns still lack banking services

Banking services were still absent in 1,696 remote towns and townships at the end of 2011.

ANZ to expand own brand in Vietnam

ANZ will sell its 9.6 per cent stake in Sacombank to another Vietnamese lender, Eximbank.

Shinhan to give more weight stability over growth

The lender targets 4% growth in 2012 after reaching 7% last year.

Hana eager to quickly close Lone Star deal

The U.S. fund may drop out of the contract if regulators fail to approve deal by the end of February.

Closed Philippine rural banking system opens to foreign investments

A recently passed bill will allow non-Filipinos to buy and own up to 40% of a rural bank’s authorized capital stock.

Mainland Chinese banks gear up to invest in Taiwan banks

But the question is, who will be the first to do so?

UCO Bank auctions non-perfroming assets next week

UCO Bank will open the auction for sale of Rs.3 to 4 billion non-performing assets next week.

StanChart to hire more in Asia

Standard Charetred Bank will continue to hire this year in Asia, according to  the Asian head of Standard Chartered Plc Jaspal Bindra.

Taiwan banks upbeat with new China ties

Banking ties with China may boost Taiwan's banks this year amid an overcrowded home market and a global economic environment that could reduce their...

Taiwan's Hua Nan seeks 20% stake in Fujian Haixia Bank

Hua Nan Financial is seeking a 20 percent stake in Fujian Haixia Bank, in what would be the first direct banking investment between Taiwan and China...

How will the EU crisis affect Asian banks in 2012?

Macquarie Securities' Ismael Pili and HSBC’s Noel Quinn reveal their outlook for the Asian market in 2012.