The Asian Banker recently updated the bank profile of Asia Commercial Bank. The bank is focused on boosting its competitiveness in the Vietnamese market.
The Asian Banker recently updated the bank profile of Asia Commercial Bank. The bank is focused on boosting its competitiveness in the Vietnamese market.
The Asian Banker recently updated the bank profile of Vietnam Eximbank.
China Merchants Bank and China CITIC Bank are developing their credit card businesses to stimulate retail income.
The development of digital platforms that enable direct global money transfer is a nascent but fast growing business model from the remittance industry. The model does not envisage traditional banks as part of the long term plans, and competes with the largest global money operators head on.
State enterprises form one of the largest customer segments of Krung Thai Bank. But this does not confine the bank, as it enters the nongovernment retail deposit market driven by a mix of competitive pricing and products, process innovation, and a strong branch network.
Remittances slowed in 2014 mainly due to exchange rate volatility, as remittances are reported in US dollars.
Banks are integrating new technologies into their core businesses to improve their digital banking presence and speed-to-deliver
The People's Bank of China has established an integrated system to connect banks, merchants, and retailers to facilitate increased transactions, which grew 74.5% to $913.5 trillion in 2015. With growing consumer spending, financial institutions in China have to step up to meet the needs of retail clients.
Can the industry withstand the current combination of low interest rates, strong housing price growth and higher household indebtedness?