Retail Banking
Chinese banks expanding Hong Kong renminbi deposit base
Lenders establishing renminbi deposit pools to make way for renminbi-denominated businesses such as trade finance and lending.
Chinese banks expanding Hong Kong renminbi deposit base
Lenders establishing renminbi deposit pools to make way for renminbi-denominated businesses such as trade finance and lending.
India public sector banks to employ over 400,000
Hiring spree is prompted by the fact that a large chunk of 1mn PSB employees will retire in the next two years.
JPMorgan appoints Edwin Lim to private wealth team
The ex-DBS Private Bank's North Asia head will help the lender in fortifying its Greater China business.
Shareholders approves China Merchants Bank’s overseas bond issuance
AgBank will also issue $7.71bn subordinated bonds on June 2 following Shenzhen Development Bank’s $563.24mn mixed bonds launch last month.
Hang Seng Bank names Fred Hu non-executive director
The economist will receive HK$340,000 per year while currently chairing Primavera Capital.
Maybank Singapore launches new interest features to depositors
The lender’s whole suite of deposit products for iSAVvy Singapore dollar time deposit.
Power Finance Corp eyes foray in banking
Power Finance Corporation is actively seeking a role in the booming banking sector of India. It is in the process of appointing a consultant to guide...
HSBC eyes to extend renminbi products to Australia
The lender’s introduction of new products to Australia to hedge their currency risk in doing business with China, a major consumer of Australian...
South Korea willing to ease rules to sell Woori
FSC to allow local bank holding firms to buy only 50% stake in a holding firm with government stake to improve chances of privatising Woori.
Vietnamese banks hit the credit brakes
Inflation is out of control so the The State Bank of Vietnam has limited credit growth of banks to 20% in 2011.
PBCom sells $99.28mn worth of shares
PBCom has about 52.6mn common shares and another 120mn preferred shares to which the floor price of P25 a share would apply for this bidding.
China banks to raise $12.34bn bonds in Hong Kong
Bank of China and BoCom mull to issue up to $30.84bn in bonds despite market doubts that Hong Kong can accommodate such a massive fundraising.
BCEL, China bank sign deal to ease currency exchange
BCEL signed an agreement with Pudian Bank of China to facilitate the opening of accounts and simplify currency exchange between the two banks.
Indonesia banks step up launch of microlending units
Lenders keen on seizing opportunity to expand market and boost profit by tapping the less affluent.
Bank Mandiri plans buying micro banks
Availability of funds the allows the lender to expand network by buying medium sized banks.
China Minsheng Bank targets issue of $3.15bn bonds
The bond issuance could help to expand the bank’s funding sources and lower the cost of funding.
Taiwan and Taishin to manage Chang Hwa board election
Taiwan earlier planned to increase the government's stake in CHB and to persuade Taishin to sell some of its CHB stocks to state-owned banks.
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