Retail Banking
GPBank eyes gross profit growth of 64%
GPBank passed the plan for this year's target of 35 trillion dong in total assets up 26 percent.
GPBank eyes gross profit growth of 64%
GPBank passed the plan for this year's target of 35 trillion dong in total assets up 26 percent.
BNP Baribas to raise OCB stake to 20 %
OCB has secured central bank permission to sell another 5 percent of stake to BNP Paribas.
Hana seeking a lower price of $4.3bln in KEB bid
Move made possible after KEB board gave Lone Star $466mn, as it approves $1.42 recent dividend payout.
State Bank of India appoints Lax Seshan as UK marketing chief
Seshan will lead the bank’s push to promote its expansion across Britain.
StanChart appoints Neeraj Swaroop as Southeast Asia head
Current India and South Asia chief may relocate in next three months to Singapore, replacing Ray Ferguson.
RHB and CIMB refute merger talks
An RHB official denied last week report saying that it is not in any discussion with CIMB on any potential takeover offer.
India’s public sector bank employees defers strike
The employees’ union wants to coincide strike with the opening of Parliament session in August to protest on
Maritime Bank to settle foreign currency transaction for EVN
Maritime Bank will settle foreign currency transactions for Electricity of Viet Nam subsidiary, Northern Power Company, and arrange capital for the...
VIB expects gross profit increase of 76%
Vietnam International Bank expects its gross profit to jump 76 percent this year to nearly 1.85 trillion dong or $90 million.
Smaller players catching up with China’s big four
The big four have seen their share of all local retail deposits slide from 66% in 2004 to 58% in 2011.
RHB Capital targets taking over CIMB
Should the deal take place, it would generate a combined market value of $28.5bn.
Bangla banks financing SMEs, agri required to utilize solar energy
The Bangladesh Bank made it mandatory for banks which want to finance the SME and agricultural projects to set up solar power panels for providing...
China regulator hunts down abusers of wealth products
CBRC banned commercial banks to offer very high rates to attract deposits disguised as wealth management products.
India’s public sector banks take steps on strike
Bank unions gave a strike call against India’s move to dilute its equity in banks and give foreign investors additional voting rights.
Shenzhen Development Bank mulls raising funds via private placements
The lender joins rivals in capital raising to comply with governments stricter requirements.
Westpac keen on securing CNY license
Westpac's ability to tap the booming trade between Australia and China will strengthen if CBRC grants the license.
2 Australian banks outsource 250 jobs overseas
Westpac and ANZ’s move that has cut jobs in mortgages operation and debt collection is condemned by FSU.
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