Retail Banking
BPI 2010 profit up 33% to $258.17mn
The lender is cautiously optimistic on Philippine banking industry as concern for troublesome global economy contagion still remains.
BPI 2010 profit up 33% to $258.17mn
The lender is cautiously optimistic on Philippine banking industry as concern for troublesome global economy contagion still remains.
KTB to move ahead into insurance market
KTB has joined hands with KTB-AXA to develop new life insurance products to welcome the year of golden rabbit. Ms. NongNutch Thienpaitoon, Senior...
SCB strengthens retail banking through 3 promotions
Siam Commercial Bank has promoted Ms. Pikun Srimahunt to Executive Vice President of the Mortgage Business Division. It also promoted Ms Sanannart...
Bank Mandiri targets international bank status
The lender aims to pass Bank Indonesia’s standard for making Indonesian lender global via right issue.
Chinese lenders expands presence in Europe
China is seeking to diversify its assets by branch expansion of its financial institutions.
PBCom profit up 587% to $16bn
Bigger gains in trading and lower funding costs boosted the bank’s profit.
Korea Exchange Bank union warns of strike
Workers plans to stop takeover by Hana as it will probably implement a massive reorganization that involves downsizing.
EON Bank to proceed with expansion despite takeover saga
EON Bank Bhd is going ahead with its expansion plans this year despite being caught in the middle of a takeover saga.
Sri Lanka's Amana gets commercial banking licence
Sri Lanka's Amana Bank ATL.CM on Wednesday said it had received central bank approval to start the island nation's first Islamic commercial bank.
HSBC global HQ stays in UK
The chairman of HSBCannounced that they will keep their global headquarters in London.
CITIC opens Singapore Branch
CITIC Bank marks a major milestone in implementing regional expansion strategy with the opeing of its Singapore branch.
Bank of Korea likely to proceed with policy normalisation
With inflation continuing to inch higher towards the pre-crises level, BOK is expected to proceed with its policy normalisation.
QNB's Bank Kesawan acquisition concluded
QNB Group announced Thursday a conclusion of a rights issue process for its acquisition of Bank Kesawan shares. QNB now owns a controlling 65.59...
DBS plans putting up India subsidiary
DBS India will go retail with savings bank account, as it awaits RBI's final guidelines on foreign banks.
Woori, Shinhan, Hana bid for Samwha Mutual Savings
Korea’s regulator suspended Samwha’s operations for six months, after it failed to meet capital requirement levels.
ICICI Bank targets 500 branch openings yearly for 2-3 years
The lender’s CEO is set to be honored by the Indian government with the Padam Bhushan to recognize his leadership skills.
Competition regulator chief wants ANZ chief's prosecution
Samuel alleged Smith had engaged in price signalling when the latter said ANZ might increase its interest rates over and above the level imposed by...
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Why Philippine banks, insurers embrace hyper-personalized services
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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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