Retail Banking
Bank of Singapore appoints Fidelis Oruche as head of trading advisory and product development
He reports to Mr Marc Van de Walle, Global Head of Products.
Bank of Singapore appoints Fidelis Oruche as head of trading advisory and product development
He reports to Mr Marc Van de Walle, Global Head of Products.
Bank of the Philippine Islands net profit up 27% to PHP16.3b in 2012
Thanks to a 25% jump in non-interest income.
Sumitomo Mitsui profits up 34%
Japan's second-largest bank posts a US$6.1 billion profit from to April-December.
Bank Negara says Malaysia’s banking system remains healthy
The central bank maintains the overnight policy rate at 3% on sound economic fundamentals.
Assets of BDO and subsidiaries rise 13%
The Philippines’ largest bank said combined assets increased to US$30.8 billion.
Philippine rural banks get P525-M assistance
The Philippine Deposit Insurance Corp. has approved P524.9 million of financial for rural banks.
Thailand's BAY to keep focus on retail lending
Bank of Ayudhya will maintain focus on retail loans, which account for 49 per cent of its lending portfolio.
Singapore banks' net profit may have declined 9% in 4Q12
Decreasing NIM is the culprit.
RMB deposits in Hong Kong rose by 5.6% to RMB603b
It's 9.1% of total deposits.
4 key takeaways from Barclays' China bank field trip
Leadership transition in March could bring certain policy redirections in 2H12.
Security Bank added 72 branches in 2012
Its now has 208 branches in the Philippines.
Yes Bank eyes acquisitions for expansion goals
Yes Bank is open to acquisitions in banking, broking and asset management businesses.
OCBC's focus on higher-yielding unsecured personal lending may be futile
It's not enough to offset higher funding costs.
2 risks that could drag UOB down
Worse-than-expected margin deterioration is one risk.
Singapore banks must brace for flat underlying earnings growth in 2013
Mild uptick in credit costs offsets single-digit revenue growth, says Barclays.
Krung Thai Bank eyes 15% fee income growth for 2013
It will benefit from the government’s THB2t infrastructure spending over the next seven years.
Philippine banks to raise more capital to meet Basel 3 guidelines
Maybank says capital instruments issued in 2011 will be qualified until 2015 but older issuances will be ineligible.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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