News

DBS' net profit down 5% to $1.2b in Q1

Blame it on a one-off item last year.

OCBC’s Q1 profits drop 14% to $856m

Blame it on lower insurance, increased allowances.

UOB’s earnings slip 4.4% to $766m in Q1

No thanks to weak fee income, losses from associates.

This chart shows Chinese banks' rising NPL ratios

Ratios for 10 banks increased to 1.66% at end-2015.

Indonesian banks' profit growth could suffer for up to two years

Blame it on low interest rates in the financial sector.

Outlook remains bleak for Bank Danamon despite 17% profit growth in 1Q16

Declining TD rates could be a drag on further deposit raising.

Bricks and clicks: Citi plugs into WeChat and Alipay in China

Clients can soon repaying their Citi credit cards using their Alipay account.

Taiwanese banks' profitability to fall in 2016 despite strong performance last year

Blame the decline in policy interest rates and a likely increase in credit costs.