Retail Banking

CIMB bolsters India-Asean business flow

CIMB will be looking at investment opportunities for Malaysian and Asean companies to invest in India and vice-versa.

CIMB bolsters India-Asean business flow

CIMB will be looking at investment opportunities for Malaysian and Asean companies to invest in India and vice-versa.

Depositors demand money from collapsed Indian bank

Hundreds of depositors gathered outside the Veershaiva Co-operative Bank's branch in Andheri in north Mumbai to demand their money back after the...

Banking operations in India hit by nationwide strike

Most banking transactions across India were affected by strikes of some one million staff.

Maybank eye RM2.5B deposit growth with new campaigns

Maybank is aiming for least a RM2.5 billion deposit growth from the new Save & Win Campaign and online savings account called M2U Savers, to...

Indonesia central bank mulls limiting bank ownership

The move aimed to promote good corporate governance and strengthen control of local banks.

Siam Commercial offers income tax payments through credit card

The service will ease payment of SME owners and will allow the lender to expand customer base and product cross-selling.

HDFC Bank kicks off ATM income tax payment service

The service can be accessed by the bank’s $256,718 debit card holders at 5,998 ATM outlets in 1,111 Indian cities.

StanChart to employ 2,000 people globally

The lender in a hiring spree amidst job cuts in HSBC and Barclays.

Shinhan profit surges more than double to $918.3mn

The second quarter net beats forecasts as bad loan provisions fall to less than half year-ago level.

HSBC continues to hire in China

Despite cutting 10% of its total staff, the lender continues to employ in one of its high-growth markets.

IBK increases second quarter earnings by 20.9 %

Industrial Bank of Korea's second-quarter net profit climbed 20.9 percent from a year earlier.

Woori back to profit to $752mn in second quarter

The company posted a $674.61mn gain from selling 8.3 million shares in Hyundai Engineering & Construction last April.

PSBank’s first half profit up 13% to $21.62mn

The thrift bank achieves double-digit surge amidst interest rate competition on mortgage loans.

OCBC increases 2nd quarter net profit by 15%

Oversea-Chinese Banking Corporation Limited 's second quarter grew by 15 % year on year to 577 million Singapore dollars or US$476.9 million.

India banks’ bad debts rise further

Experts said NPA’s may grow more behind rising interest rates and demand slowing in pace with the economy.

Shinhan Financial more than doubles second quarter net income

Shinhan Financial's second-quarter earnings more than doubled from a year ago on a rise in non-interest income and lower loan-loss reserves.

Vietnam Eximbank listed among world’s 25 highest growing banks

Vietnam Eximbank is among the world’s top 25 banks with high growth rates, according to an international financial affairs publication.