News
OCBC’s net profit drops 27% to $902m in 3Q
On back of a one-off gain realised last year.
BDO's net profit up 3% to PHP5.9b in 3Q15
The bank must make PHP7.3b in 4Q15 to meet management guidance for FY15F.
Double trouble: Indonesian banks at risk of high external debt and the presence of weak banks
But risks are lower than implied, says Moody's.
Taiwan banks' offshore exposure to account for 24% of system assets by end-2017
The China slowdown remains the key risk for the sector.
DBS unveils 11th branch in China
The new branch is in the eastern coastal city of Qingdao.
Agricultural Bank of China's asset quality further deteriorates as NPLs grow 12.3% to RMB179bn
It's the same growth rate in the past two quarters.
What’s keeping DBS’ loan growth up?
It was hoisted by an unexpected factor.
Hong Leong Bank's mutual separation scheme could cost around US$21m
Its Malaysian operations currently employ close to 9,500 staff.
UOB Hong Kong opens new office on Garden Road
The bank increased its total area by 70%.
Siam Commercial Bank's net interest income slipped 3.6% in 3Q15
Blame it on the weak NIM.
Taiwan aims for bigger pie from Asian e-commerce boom
Here’s a wrap up of what we learned from Taiwan’s first eCommerce Expo Asia.
UOB to report a 3Q15 net profit decrease of 4% YoY
Analysts expect a profit of S$836m.
Asian banks face double trouble
Slowing regional economic growth and tight credit markets are major headwinds.
UOB CEO Wee Ee Cheong talks about ASEAN as the next engine of global growth at SIBOS 2015
He expects intra-ASEAN trade to hit the US$1 trillion mark in 2020.
Chinese deposits shift from brokers to banks and wealth management products
Total deposits grew faster by CNY0.9t MoM in Sep 2015.
Bank Negara Indonesia's net profit reaches nearly US$ 444m in the first nine months of 2015
Thanks to a spike in corporate lending.