Retail Banking
Honey, I shrunk the bank
India's ICICI Bank may have posted a profit last quarter, but deposits shrunk 6.4 percent even as it increased branches by 13 percent and its rivals...
Honey, I shrunk the bank
India's ICICI Bank may have posted a profit last quarter, but deposits shrunk 6.4 percent even as it increased branches by 13 percent and its rivals...
HSBC: We have passed the worst
HSBC Chairman Stephen Green says the bank has passed the bottom in the cycle in financial markets as the bank saw net income fall over 50 percent to...
OCBC 2Q net profit up by 10%
OCBC Bank reported a net profit of US$325.3 million in the second quarter of 2009, up 10 percent from the US$296.6 million profit a year ago...
RBS Weath in Singapore sold to ANZ
After months of negotiations, ANZ has been confirmed as the buyer of RBS' wealth and retail operations in Singapore, Indonesia, Taiwan, and Hong Kong...
State Bank of India profits up 42% to $481 million
It’s good news for now as India's largest bank adds branches in rural areas and gaining market share against rivals like ICICI.
Maybank clients get to personalise tenure dates
With 60 percent of customers opting for 9 and 12 month tenures, Maybank Singapore allows personalised tenure dates with its Choice Date Time Deposit...
Aussie banks cut fees
First it was the NAB. Now the big four aussie banks are looking at cutting account withdrawn fees to appease customers.
ICBC first to be ISO 9001:2008 certified in China
The British Standards Institution approved the transition of ICBC Bill Business Department's certification from ISO 9001:2000 to ISO 9001:2008. The...
Warning sounded on South Korean bad loans
South Korea's regulator has warned banks they have to act quickly to rein in bad loans as ratio hits four-year high.
Morschel to succeed Goode as ANZ Chair
ANZ Directors have chosen John Morschel to succeed Charles Goode as new chairman by February 2010.
RHB simplifies banking experience
RHB wants its products easily understood, relevant and attractive, while making banking experience convenient through its concept "Easy by RHB".
New BAY service provides $29,351 loans via ATMs
Bank of Ayudhya launched a new personal loan service with a credit limit as high as THB1,000,000 or US$29,351 through the ATM. The "KRUNGSRI Smile...
Public Bank net rises 3% on financing gains
Public Bank Group achieved a net profit of US$339.3 million in the first half of 2009. While the bank’s net profit for the same period in 2008 was US...
KTB addresses customers' complaints
Krung Thai Bank has joined the Bank of Thailand and the Securities and Exchange Commission to address customers' complaints about loan refusals.
HSBC expands from Bohai Rim to China's inland cities
HSBC Bank China expanded in China's Bohai Rim region by becoming the first foreign bank to open a branch in Jinan.
OCBC, Great Eastern collaborate in bancassurance
OCBC Malaysia will grow its bancasurance business by distributing Great Eastern Life Assurance developed products through its 29 conventional banking...
Tsang is SC's chairperson for Greater China
Standard Chartered Bank China has appointed Katherine Tsang as Chairperson for Greater China. In her new role, Katherine will help capture...
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