Retail Banking
ICICI Bank to divert assets into JV
ICICI enters a US$80 million joint venture deal with First Data.
ICICI Bank to divert assets into JV
ICICI enters a US$80 million joint venture deal with First Data.
Agricultural Bank of China collaborates with DBS
DBS Bank and Agricultural Bank of China signed an MOU to enhance cooperation in Asia across a wide spectrum of businesses. These include cash...
StanChart expands dealer base in China
StanChart senior executive John Tan said the bank's addition of dealers by two-thirds in three to five years aims to intensify presence in the country...
DBS Bank ties up with Aviva India
The partnership would enable DBS to offer Aviva services to high net worth customers in India.
NAB to issue hybrid tier 1 securities
In an effort to safeguard bank deposits, NAB looks forward to sell US$500 million in hybrid tier 1 to investors in Europe and Asia.
HLB offers new retail deposit product
HLB personal financial services CEO Moey Tan was eying to surpass 6 percent to 8 percent average growth for the market.
Maybank accused of under-reporting loss
DAP secretary-general Lim Guan Eng said Maybank's $225 million reporting discrepancy came from its devalued overseas investments.
Ashraf butters up to Zardar, declares $24.14M profit
Zarai Taraqiati Bank made an unprecedented recovery during the previous year with an increase in profit by US$24.14 million from approximately US$6...
PSBank allowed to team up with Japan's Sumitomo
PSBank has been granted approval by the Philippine's central bank to invest up to 40 percent or approximately $38 billion in a joint venture with...
SCB to change focus beyond lending
Despite expecting 3 percent to 5 percent growth in loans this year, SCB executive chairman Vichit Suraphongchai studies ways to upgrade the bank's...
CBA chief Norris' pay rises due to share based payment
Yet despite his 6 percent salary rise, CBA chief Ralph Norris' short-term incentives were cut by 10 percent due to the bank's 1 percent slide in net...
ING receives bids for its Asia, Switzerland assets
The transaction aims to help ING pay its US$14.25 billion debt from the Dutch government.
Dhanalakshmi Bank launches Internet banking
Dhanalakshmi Bank is leveraging technology to spread its footprint across the country with its new Internet banking services.
Banco de Oro posts highest AUM with $6.97B
Banco De Oro Unibank has the highest assets under management at the end of June 2009, accounting for 25.15 percent of the total or US$8.56 billion...
Zaharrudin to replace retiring Ahmad as Maybank chair
Maybank Chairman Tan Sri Mohamed Basir bin Ahmad will not seek reappointment at the forthcoming Annual General Meeting on 30 September and will retire...
CIMB officially rebranded and listed
CIMB Group CEO Datuk Seri Nazir Tun Razak said the banks was now at "day one" with the brand change from Bumiputra Commerce complete for all 36,000...
Stanchart launches Private Banking in Taiwan
With high net worth individuals set to double by 2012, Stanchart wants to double its AUM.
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