Growth prospects and high hurdles for retail banking

Growth prospects and high hurdles for retail banking

The pandemic is detrimental to most economic sectors, including finance and banking. Harmander Mahal, head of Consumer, Private and Business Banking for Vietnam and Asia Cluster Markets at Standard Chartered Bank, talked with VIR’s Hong Dung how the British lender has weathered the storm and offers his outlook.
Cross-ownership wipe-out in financial institutions to finish soon

Cross-ownership wipe-out in financial institutions to finish soon

Over the past three years, divestment activities stoked up the cross-ownership "wipe-out" among financial institutions to strengthen ownership transparency.
Massive profits slated for finance and banking sector in 2018

Massive profits slated for finance and banking sector in 2018

Throughout the AGM season, commercial banks unveiled remarkable business targets for the year ahead, promising huge revenue, profit, and charter capital raises.