News

Indonesia's CIMB Niaga enjoys increased profits due to fee income

CIMB Niaga reported 33 percent surge in net profits in 2012.

Indonesia's CIMB Niaga enjoys increased profits due to fee income

CIMB Niaga reported 33 percent surge in net profits in 2012.

Moody’s maintains PNB’s stable and positive outlooks

Moody’s Investors Service maintained all its ratings on Philippine National Bank.

Thailand's KTB, Exim Bank provide attractive SME loans

Krungthai Bank will increase its SME loans by Bt55 billion this year.

RMB credit cards surge highest in Macao

Macao's number of RMB cards out 648,881 personal credit cards surged by 39 percent from a year earlier.

ANZ posts 6.2% cash profit increase

ANZ posted a 6.2 percent rise in first quarter cash earnings.

Sumitomo enters into deal with Turkey’s largest bank

Sumitomo Mitsui Financial Group and Garanti Bank will cooperate on trade financing.

China attends first FSB meeting in Switzerland

FSB passes Articles of Association and the Procedural Guidelines.

India amends DTA pact with Sweden

India and Sweden have signed a protocol to amend the existing double taxation avoidance pact between the two countries.

Commonwealth Bank of Australia credits retail biz for 1H profit

The Commonwealth Bank of Australia posted a half-year profit of US$3.78 billion.

ING to sell stake in Korea's KB Financial

ING is looking to divest several businesses in Asia, including its stake in KB Financial.

BPI's profit growth predicted to slow sharply

Blame it on high base from trading gains.

Singapore banks weakest in Asia

Earnings to barely grow 2% YoY.