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India's PNB 'banking' on retail customers for low-cost funds
Punjab National Bank has campaigned to mop up low-cost funds from retail customers.
India's PNB 'banking' on retail customers for low-cost funds
Punjab National Bank has campaigned to mop up low-cost funds from retail customers.
Indian banks reject joint response to NPLs
India’s private banks have thumbed down a government proposal to pool their resources to service non-performing loans of individual banks.
Pakistan's MCB ups 1H profits by 7%
Muslim Commercial Bank posted 7% increases in both profit before tax of Rs. 17.2 billion, and profit after tax of Rs. 11.3 billion.
S. Korea's Eximbank raises credit line with Russia's OAO Sberbank
The Export-Import Bank of Korea raised its credit line with Russia's OAO Sberbank to help finance South Korean companies' business projects.
UOB posts solid second quarter results
United Overseas Bank Ltd reported a 12.1% increase in second quarter net profit to US$574 million.
Industrial Bank of Korea suffers poor Q2 net interest margin
Industrial Bank of Korea's second-quarter earnings went down 35.7 percent from a year earlier.
BII posts 61% net increase
Bank Internasional Indonesia reported a 61 percent net income increase in the first half with Rp 592 billion or $63 million.
Private sector credit in APAC to reach 148% of GDP by end-2012
The rapidly rising leverage will constrain the banks' upward rating momentum, says Fitch.
Asian banks urged to cut dividends by 50%: Barclays
Dividend cuts will be needed to fund regualtory capital increases.
BDO to establish US$2 billion EMTN program
BDO Unibank, the Philippines’ largest bank in terms of assets, looks to lower funding costs.
Indonesia's Bank Mega to focus on expanding SME business
Bank Mega credited their focus on credit disbursement to SMEs in doubling its net profit to Rp 909 billion or US$96.35 million in the first half.
OCBC NISP ponders on possible acquisitions
OCBC NISP is assessing five to 10 financing companies as acquisition targets and has prepared Rp 500 billion to Rp 1 trillion for the transaction.
OCBC faces squeeze from contracting interest margins
Strong loan growth helps boost the profit of the world’s strongest bank by 12% in the second quarter but its net interest margins continue to shrink.
Vijaya Bank hopeful of 18-20 per cent credit growth
Vijaya Bank hopes to achieve an 18 to 20 percent credit growth in the current financial year.
Bank of India wants more retail, SME clients
Bank of India will increase its retail and SME business up to 50 percent of its total.
City Union Bank's first quarter net up by 26.3%
City Union Bank’s first quarter net profit increased by 26.3 per cent at Rs. 73.89 crore from Rs. 58.51 crore the previous year.
Bank of East Asia profit jumps 10%
Bank of East Asia Ltd reported a net profit of HK$2.99 billion in the first-half.
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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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