Retail Banking
PGBank's deposits near VND14 trillion in 2010
PGBank raised its total deposits in 2010 to 13.995 trillion dong, based on its recently released 2010 annual reports.
PGBank's deposits near VND14 trillion in 2010
PGBank raised its total deposits in 2010 to 13.995 trillion dong, based on its recently released 2010 annual reports.
Woori privatisation collapses behind parliamentary opposition
FSC withdraws proposal to legally ease bank ownership regulations, signaling death of Woori’s stake sale.
DBS Taiwan to sell new high-yield savings products
Move in response to customers who like to see their deposit rates surge in line with actions taken by the Taiwanese central bank.
OceanBank partners with Vinalines
OceanBank pledged to provide financial and banking services to Vinalines including lending for purchasing ships, advising card services, and others...
Banco de Oro eyes acquiring PBCom’s 67% stake
BDO emerged as the second bidder of PBCom after ISM Communications.
Westpac’s CEO to calm mortgage fears amidst experts’ warnings
Kelly defied property experts’ forecasts by saying that although mortgage arrears have increased Australia’s economy will keep the housing market...
BofA’s $21bn stake in CCB may be offered for sale
BoA could use the proceeds to comply with tougher capital requirements that may be imposed by regulators for prevention of a repeat of the 2008...
Woori stake sale faces another hurdle
Stake sale in danger of collapse anew as FSC vice chairman said the regulator to forgo plan to ease ownership rules.
China Bank starts offering CNY savings accounts
Move to tap currency’s booming popularity, as China is expected to further liberalize policies for yuan-denominated investment instruments.
SBI to add 4 South Africa branches
The lender chose organic growth than M&A for expansion as it opens opportunity for sustained growth for those wanting to tap into the Indian market.
PNB steps up global operations expansion
Aside from pending licensure in Australia and Canada, the lender eyes to move its international operations headquarters to London.
StanChart appoints Sandeep Das as private banking head
The move is part of the lender’s drive to its top management in South Asia.
DBS Indonesia president-director Hendra Gunawan resigns
The lender’s corporate banking director Dani Prabawa replace Gunawan as UOB confirmed the latter’s transfer to them.
Hong Leong Bank re-organises its management roster
The new line-up to prepare the lender to take advantage on growth opportunities in the country and region.
StanChart appoints Saurabh Agrawal as South Asia corporate finance head
Former Bank of America executive will replace V. Anantharaman, who has been reassigned as the lender’s South Asia co-head for wholesale banking.
BPI extends its CEO’s term
Two year extension of Aurelio Montilnola’s term has been approved in line with his transformative initiatives.
PBCom silent on 67% stake bidders
Macquarie, adviser for the merger, would submit its recommendation to the bank after it completed its evaluation.