News

Sumitomo Mitsui profits up 34%

Japan's second-largest bank posts a US$6.1 billion profit from to April-December.

Sumitomo Mitsui profits up 34%

Japan's second-largest bank posts a US$6.1 billion profit from to April-December.

Assets of BDO and subsidiaries rise 13%

The Philippines’ largest bank said combined assets increased to US$30.8 billion.

Vietnam's central bank calls for healthier banking system in 2013

Vietnamese banks were firected to implement policies in ensuring healthy operations of the banking system in 2013.

Thailand's BAY to keep focus on retail lending

Bank of Ayudhya will maintain focus on retail loans, which account for 49 per cent of its lending portfolio.

4 key takeaways from Barclays' China bank field trip

Leadership transition in March could bring certain policy redirections in 2H12.

Security Bank added 72 branches in 2012

Its now has 208 branches in the Philippines.

ICBC International doing good business

Became No.2 underwriter and No.1 Chinese investment bank in Hong Kong last year.

Top Vietnam banks eye merger in 5 years

Vietnam's Eximbank and Sacombank will sign a cooperation agreement to merge in the next 3-5 years.

Yes Bank eyes acquisitions for expansion goals

Yes Bank is open to acquisitions in banking, broking and asset management businesses.

2 risks that could drag UOB down

Worse-than-expected margin deterioration is one risk.

Singapore banks must brace for flat underlying earnings growth in 2013

Mild uptick in credit costs offsets single-digit revenue growth, says Barclays.

Financial firms less dependent on banking credit

Continue to turn to shadow banking for funds.

CDB to finance more infrastructure projects in China

China's largest infrastructure project lender to fund more urbanization-related projects.