Retail Banking
The Asian Banking and Finance Retail Banking Awards 2011 now open for nominations
Name your best banking and finance institutions in The Asian Banking and Finance Retail Banking Awards 2011.
The Asian Banking and Finance Retail Banking Awards 2011 now open for nominations
Name your best banking and finance institutions in The Asian Banking and Finance Retail Banking Awards 2011.
Korea's deposit insurer borrows money from banks
South Korea's state deposit insurer took out commercial bank emergency loans, according to a Yonhap News Agency report.
Thanachart-SCB integration to create top 5 bank
Thanachart Bank has completed the purchase of shares of Siam City Bank.
StanChart 2010 private bank assets soars 31%
5,000 new client accounts added and the number of relationship managers up 15% to 450 in the same year.
Hong Leong Bank appoints 3 senior managers
Hor Kwok Wai, James Chong Wai Choy, and Ramon Albert Chelvarajasingam hired from different companies.
Vietnam's banks set surprisingly high profit targets
Most commercial banks in Vietnam have set high profit targets for 2011 amid uncertainties of the economy and unpredictable macro-policies.
Sri Lanka's Union Bank creates IPO record
Union Bank's IPO for US$3.389 million of stock in Sri Lanka's Union Bank has drawn 225 subscriptions amounting to US$759 million.
Sindhu Bikas Bank deposits get insured
Sindhu Bikas Bank became the first development bank to sign the deposit insurance agreement with Deposit and Credit Guarantee Corporation for the...
India replaces Hong Kong as StanChart’s profit hub
The lender’s aggressive moves in its diversified nature of its business propelled growth in India.
UOB to hire 2,000 in Southeast Asia this year
UOB is planning to hire some 2,000 staff in Singapore and the region this year.
GPBank starts cooperation relationship with NSI
GPBank signed the contract for setting up comprehensive cooperation relationship with National Securities Incorporated.
Woori to expedite savings bank takeover
Woori Finance will expedite its rescue of a Samhwa Mutual Savings Bank. It intends to and resume the operations of the said mid-sized savings bank as...
India to inject $1.34bn into PSU banks
The government’s move targeted to improve Tier-I capital to 8% and to escalate growth of state-owned banks.
State Bank of India receives $1.9bn bids for bond issue
The lender got 8.5 times the value of its target of its $223.2mn issue aimed to meet its assets growth.
Chinatrust to join forces with China Development Bank
The Taiwanese bank also planned to forge ties with Bank of China.
StanChart HK to shell out HK$1.48bn for Lehman-linked product buyers
The lender to repurchase 95% of the outstanding transactions of Lehman Brothers-related notes despite its non-admission of liability.
HSBC earns better profit behind Asian expansion
The lender not prioritising M&As as it expects to benefit from a rise in interest rates in the Asian-Pacific region due to strong inflationary...
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