Retail Banking

DBS to open 100 branches in Indonesia by 2012

DBS CEO Koh Boon Hwee reveals DBS' latest plans for expansion in Indonesia: to open 100 branches and look for acquisitions in the next three years.

DBS to open 100 branches in Indonesia by 2012

DBS CEO Koh Boon Hwee reveals DBS' latest plans for expansion in Indonesia: to open 100 branches and look for acquisitions in the next three years.

OCBC goes for kiddy’s money in Malaysia

After garnering a huge success with their children’s savings program in Singapore, OCBC is eager to spread the word further in Malaysia, according to...

Rebuilding Trust and Trade in Asia

As the credit crisis impacted Asia’s supply chains, trust was badly damaged. Global banks, with their cross-border expertise and trade finance tools...

HSBC: Failed in America, try Hong Kong (again)

After its painful foray into the American subprime market, HSBC is now re-focusing on Hong Kong in emerging markets.

Banking Blues: It’s getting tougher says DBS Chairman

It's tough times ahead for bankers as the banking industry reels from the onslaught of the global recession due to reckless lendings. Capital...

Shanghai Pudong Bank completes $2.2 billion share placement

The bank said it placed all shares with a 1 year lock up from selling to institutional investors as other banks line up to refresh their capital base...

China bets the bank on Thailand

In a stunning move that will have regional banks in Asia wondering when the Chinese will come for them, ICBC has just agreed to fork out $545 million...

CIMB targets Singapore’s retail banking market

Retail banking would broaden CIMB's customer segment coverage with the bank's new operations in Singapore.

ANZ teams CDB to conquer APAC market

Partnership will strengthen CDB's presence in Asia-Pacific region with ANZ as its agent.

BOT vies for reverse mortgages in Taiwan

The bank pushes Taiwanese government to offer reverse mortgage to convert home into cash.

BPI's big cash cow: overseas Filipino workers

Continuous surge in inflow of money from Filipino workers abroad could produce $4.5 billion by yearend.

ANZ recruits former Westpac senior officer

Phil Chronican's diversity of experience described as a momentum booster for ANZ's domestic operations.

HSBC appoints new SAR CEO

In HSBC's plan to develop more business in Hong Kong Mark McCombe was assigned to take over as region's CEO.

Indian banks go for Granny market

Roughly about 80 million seniors in India are being persuaded by banks to avail of customised products.

State Bank of India orders ATMs from Wincor Nixdorf

Wincor Nixdorf executive Ricardos Khoury said State Bank of India plans to install 1,000 more branches and upgrade its services.

Pomelo farmers hope for fruitful ANZ foray in China

ANZ became the first Australian bank to enter China’s rural market as it lends support to Liangping's pomelo industry.

Keating slams govt for giving banks too much power

Government should exercise its regulatory role more strictly, said former Prime Minister Paul Keating.