Retail Banking
Security Bank's net profit up 33% to PhP 2.4b
This resulted to an annualized return on equity of 19.0% as of June 2011.
Security Bank's net profit up 33% to PhP 2.4b
This resulted to an annualized return on equity of 19.0% as of June 2011.
Southern Bank to hike chartered capital
The governor of the State Bank of Vietnam has approved Southern Bank's application to increase its chartered capital to over 3.212 trillion dong...
ICBC's aggregate assets overseas surpass US$100B
ICBC's aggregate assets in overseas subsidiaries rose 37.2% over the end of 2010 to USD 103.869 billion at the end of June. In the January-June...
OCB to increase chartered capital to VND3T
Orient Commercial Joint Stock Bank has received approval from the governor of State Bank of Vietnam to raise its chartered capital to 3 trillion dong...
Habubank raises chartered capital by over VND1T
Habubank finished hiking its chartered capital from 3 trillion dong to 4.05 trillion dong and officially registered the new chartered capital in...
Sacombank launches Vietnam’s first wholly owned overseas bank
Sacombank became the country’s first banking institution to launch a wholly owned incorporation in a foreign country with its Cambodia unit.
SBI will not raise lending rate
The lender believes the move will make it uncompetitive.
Hana Financial to push for KEB takeover after ruling
Hana awaits South Korea financial regulator’s next move, which may include orderingLone Star to sell most of its 51 percent stake.
Foong to lead strategy and change at Maybank
The Maybank group announced the appointment of Michael Foong Seong Yew as its chief strategy and transformation officer.
BaoVietBank to hike chartered capital by VND1.65T
The Bao Viet Group to has been allowed by the Prime Minister to continue to invest in BaoVietBank and hold 52 percent stake in the bank.
UBS appoints Mike Stewart as global head of equities
Mr Stewart steps in after the resignations of Francois Gouws and Yassine Bouhara as co-heads of Global Equities.
DBS to slash Singapore dollar deposits rates
Lending activity has started to ease off as banks become more careful.
OCBC woos customers defecting from French banks
The lender wants to gain share from defectors who withdrawn billions of their investments from French lenders.
Maybank names Michael Foong Seong Yew as Chief Strategy Officer
The ex-managing director of Accenture PLC’s management is tasked to oversee the group’s corporate development office.
Assets under management soars 76% in leading Asia-Pacific banks
Citi surpasses UBS as the leading high net worth wealth manager in Asia-Pacific according to a Private Banker International report.
Lone Star trapped in legal issues over KEB stakes
Lone Star Funds may be ordered to sell a majority of stakes in the Korea Exchange Bank unless it meets legal requirements as KEB's top shareholder.
Mizuho acquires 15% stake in Vietcombank
Japan’s Mizuho Financial Group will acquire a 15 per cent stake in Vietcombank for $567 million in what is possibly Vietnam’s largest ever inbound...
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