News
Australian banks brace themselves for smooth sailing
Thanks to economic growth and asset quality.
Hang Seng Bank exceeds consensus estimates with 1H14 net profit of HK$8,468mn
Reflecting unexpectedly better non-interest income.
China banks to kick off 1H14 reporting season
Decent average profit growth is expected.
India's Union Bank praised for delivering well on asset quality and NIMs
PPOP also saw positive growth.
BEA lowered cost income ratio to 53.2% in 1H14
The bank kept its word.
UOB slams expecatations with 2QFY14 earnings at S$808m
China's exposure is manageable, meanwhile.
Singapore banks could still brace themselves for positive trends in 2015
3 trends are likely to be seen.
Standard Chartered's Renminbi Globalisation Index up 0.3% m/m in June
However, it's the slowest in 20 months.
Singapore's 3 big banks moving to a slower growth phase
Their 2Q14 results were very revealing.
No cause for concern over housing loans: OCBC Bank
76% of outstanding loans are for owner-occupiers.
OCBC Bank's 2Q14 exceeds expectations on strong net trading income
And also on life assurance profit.
Deposit growth in Singapore banks rebound in June
After a contraction in April and May.
WorldRemit launches service allowing baht transfers to Thailand
No need for additional foreign exchange transaction.
Business credit growth in Australia banks rose to ~5% in June
It’s the highest rate in two years.
India's ICICI Bank flexing more granular balance sheet
ROEs are also inching towards optimum levels.
UOB's 1H14 net profit crept up 6% to S$1.59b
Thanks to a 2Q one-off gain.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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