Retail Banking
BEA expands in Taiwan via wealth management
The Bank of East Asia opened its its newly-formed and wholly-owned wealth management services subsidiary in Taiwan.
BEA expands in Taiwan via wealth management
The Bank of East Asia opened its its newly-formed and wholly-owned wealth management services subsidiary in Taiwan.
HSBC's stake in Bank Ekonomi now 98.96%
HSBC has completed a mandatory tender offer for the remaining 10.11 percent of the Bank Ekonomi shares held by the general public.
Fubon's net profit for 1H09 down by 60%
Fubon Bank and its subsidiaries reported a net profit of US$13 million for the first six months ended 30 June 2009. The global financial crisis and...
Kookmin profit falls on deposit rates
A slew of high yield term deposits sold by Kookmin say its net interest margin fall by half a percent in Q2 and profit slump over 60 percent.
Kbank 1H09 profit down to US$220.5M
Kasikornbank and its subsidiaries recorded a net profit of US$220.5 million for the first half of 2009. The said net profit is 13.83 percent lower...
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 Now the big four aussie banks are looking at cutting account withdrawn fees to appease customers.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...
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The Bank of Thailand is eyeing to expand connectivity with more countries.
The Bank of Thailand is eyeing to expand connectivity with more countries.
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