Retail Banking
Central Bank of India launches special deposit product
‘Cent Double’ scheme will give an annualised yield of 13.33%, valid between September 1 and December 31.
Central Bank of India launches special deposit product
‘Cent Double’ scheme will give an annualised yield of 13.33%, valid between September 1 and December 31.
Westpac posts sluggish private credit growth
The lender’s senior economist said the 0.2% growth as "sub-par".
RBS Seoul cautioned for breaching banking rules
RBS Seoul was found brokering transactions between its London headquarters and a local asset manager worth 60 million U.S. dollars without a required...
Laos' BCEL experiences increased net profits
Banque Pour Le Commerce Exteriour Lao Public have experienced an increased net profit from 92.2 billion kip last year to 156.1 billion kip in the...
Thai banks have limited overseas exposure
Local lenders enjoyed 35% revenue rise in the first half of this year amidst global economic woes.
India urges lenders to restructure SME loans
The move comes at a time when several MSME units are struggling to service loans.
Bank of America divests CCB stake for $3.3bn
The sale has quelled fears that BoA’s shares would be dumped into the market.
ABC celebrates Jiangsu Branch's over RMB 1 trillion deposits
Agricultural Bank of China's Jiangsu Branch registered deposits of RMB1,025.1 billion in June, accounting for 15.2% of the total deposits of Jiangsu...
AsiaPac banks are determined to beat their European rivals
Asian-Pacific banks have made steady progress in closing the operational excellence (OpEx) gap and are determined to overtake their European rivals...
Thailand names Krung Thai Bank as $1.7bn savings bonds sole distributor
Minimum investment for the bonds is $33.39 while the maximum is $33,392.
India central bank mulls imposing 49% overseas ownership cap for new lenders
RBI may also enforce new lenders to meet a minimum capital requirement of $109mn.
Bank of India mulls raising $200mn via foreign debt
The proceeds to be used to fund overseas expansion.
StanChart Korea bank workers end strike
About 2,500 unionised workers stopped work June 27, saying that the new system was just aimed at cutting labour costs.
Hang Seng Bank appoints Nixon Chan as head of retail banking and wealth management
Donald Lam was also appointed as head of corporate and commercial banking.
HLB-EON merger to produce long term benefit, says research
Analysts are upbeat that the new merged entity between Hong Leong Bank and EON Bank will benefit in the long run.
BOA to sell $8.3B worth of China Construction Bank shares
Bank of America will sell around 13.1 billion common shares of China Construction Bank Corporation to generate approximately 8.3 billion dollars of...
RHB Cap profit climbs to $132.27mn
Higher profit was attributed to higher net interest income, other operating income, income from Islamic banking business and impairment writeback on...
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