Retail Banking

Chinese banks' capital adequacy improves in Q4

China's banking regulator announced that the country's commercial banks had improved their capital adequacy at the end of last year.

Chinese banks' capital adequacy improves in Q4

China's banking regulator announced that the country's commercial banks had improved their capital adequacy at the end of last year.

Maybank names John Lee Hin Hock Chief Risk Officer

The lender banks on Lee’s specialisation in business strategy, risk management and performance management.

People's Bank of China denies liberalising deposit rates

China’s central bank has vowed to adopt a more market-based system for setting interest rates but has proceeded cautiously.

Shinhan Financial nominates Han Dong-woo as CEO

Public management scandal forced bank to pick former vice chair as new chief executive.

Woori Finance nominates Lee Pal-seung for another term

Changing Lee could make matters worse for Woori, which is in the process of divesting 57% of its shares for privatization.

Taiwanese banks to recruit 1,500 personnel

The country’s economic recovery prompted 9 banks to beef up workforce.

CCB brokerage unit to increase research team by 40%

The move is seen to increase the company’s competitiveness in wooing investors for financial services in China.

BEA posts record after-tax profit for 2010

Bank of East Asia achieved a record after-tax profit of US$552.4 million in 2010, jumping 60.8 percent from a year earlier.

Major Korean banks bid for troubled Samhwa

South Korea's three major banking groups have submitted bids for a troubled mid-sized savings bank.

AgBank to acquire 51% stake in Jiahe Life

The lender plans to subscribe to 1.04 billion new shares to be issued by the insurer worth $392.55mn overall.

DBS profit up 28% to $2bn

The bank continues to push increase in presence in India and China to sustain growth.

HDFC Bank capitalizes on rural India growth

The bank's is optimistic as the growth of Bharat is driven by implementation of India's agricultural reforms.

BDO's total resources reach $23B in 2010

 Banco De Oro's consolidated resources has breached the US$ 22.8 billion mark at the end of 2010. The figure is a 16-percent increase from the...

Metrobank concludes stock right offering

Metrobank concluded a US$228.5 million stock rights offering.

ABC to speed up pace of development in 2011

 ABC will build itself into an outstanding large listed bank beginning 2011.

StanChart opens 3 new branches in Jakarta

Standard Chartered Bank opened three new branches in Jakarta on Friday as part of its expansion plans.

RI sharia banks’ expects 45% asset growth in 2011

Bank Indonesia expects sharia banking assets to grow by 45 percent this year after five banks established sharia business units in 2010.