News

Bangkok Bank's NPLs may have risen to 3.15% in 1Q16

The increase seems broad based, analysts say.

Bangkok Bank's NPLs may have risen to 3.15% in 1Q16

The increase seems broad based, analysts say.

Indian banks' liquidity to move from negative to neutral

It will progressively release INR750-800b in the system.

Malaysia's industry loan growth disappoints as household loans slip to just 7%

A mere 6.5% loan growth is forecast for 2016. According to Maybank Kim Eng, industry loan growth continues to slow, with the moderation in HH loan growth notably more significant in Feb 2016.

Singapore's central bank reveals plans for a unified payment system

It's working on a point of sale terminal that reads all kinds of cards.

KBANK's 1Q16 profit likely to have dropped 28%

NPLs could rise 3.3 this month. Maybank Kim Eng analysts attended the 1Q16 results preview meeting held for analysts last Friday. Based on what they learnt from the meeting, they project 1Q16 net profit about THB8.9b, which is down 28% YoY but up 63% QoQ (4Q15 reported results were depressed by heavy expensing). "Regardless, 1Q16 profit is likely to be viewed as weak compared to the historical standard. One should not be surprised to see a rise in NPLs (+23bps to 3.30%) and high credit cost (2.20%), as previously guided in 4Q15. The company will report its full results on 20th April."

What are BDO's targets for its most recent acquisition?

The goal is to expand One Network Bank’s branches by 15 this year.