Retail Banking
Bank of Korea freezes rates of 3.25% amid surging inflation
But DBS expects the BOK to raise the repo rate by 25bps in 4Q before taking it to 4% in 1H12.
Bank of Korea freezes rates of 3.25% amid surging inflation
But DBS expects the BOK to raise the repo rate by 25bps in 4Q before taking it to 4% in 1H12.
Indonesia’s ownership limit plan seen to affect Malaysian banks
An analyst said earnings contribution and the growth strategy of banks would be affected because of the proposed measure.
Union Bank of India names Shri Suresh Kumar Jain as director
The banker will hold post from Sep 01, 2011 tol May 31, 2014.
Bank Rakyat Indonesia sees a 30% surge in 9-month profit
Higher lending and fee-based income growth attributed to earnings rise.
China consortium biggest buyer of 13bn CCB shares of BofA
China asked American bank to sell only half its holdings in CCB.
UOB raises stake in Southern Bank
Singapore’s United Overseas Bank has increased its stake in Vietnam’s Southern Commercial Joint Stock Bank to around 19.99 percent, according to Reut...
StanChart First Bank reopens 5 of 42 branches
Standard Chartered First Bank resumed operations of five of its 42 branches that were temporarily closed due to a labor strike over its salary system...
RHB withdraws appointment of Viegas as Managing Director
RHB Banking Group has withdrawn its application to Bank Negara for Renzo Viegas’ appointment as the managing director of RHB Bank Bhd.
RHB delays pursuit of Bank Mestika
RHB Capital has put on hold its application to acquire Indonesia's PT Bank Mestika Dharma amid Bank Indonesia's plans to limit single-party ownership...
Founder Sec to buy $234M stake in Shenjing Bank
Founder Securities will pay up to 1.5 billion yuanor $234 million for a stake in Shenjing Bank in northeastern China.
Maybank gains from concentrating on domestic growth
The lender’s strong deposit franchise seen as an advantage if funding remained tight.
State Bank of India seen to release overseas bonds
Yet the lender denied issuing a proposal to raise $5bn via offshore loans by December.
EastWest Bank targets 2012 IPO
Yet the realization of the move still depends on the health of US and European economy.
Commonwealth Bank half year profit up 11% to $28.8mn
The lender seen to weather economic storms as it continues to maintain strong capital and liquidity ratios.
JP Morgan Treasury Services appoints Southeast Asia and Australia senior executives
Abdul Raof Latiff, Hooi Ching Wong, and Nadia Schiavon are expected to strengthen the company’s ASEAN team.
Westpac starts $1bn campaign to boost business
The bank intends to lend one billion dollars to local businesses in the next six weeks with perks and incentives.
ANZ gears up to buy Aozora Bank
The lender believes Japan offers opportunities for the group as the Japan’s hefty savings could help transform the Australian bank's structural...
Thought Leadership Centre
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
The bank’s digital solutions are winning over younger generations with 3.
Partner Sites
Thought Leadership Centre
In Association with