News
Profits of Indonesian banks up 47.7% on lending margins
Surge attributed to bank’s preference to maintain high lending margins despite low 10% lending growth.
Profits of Indonesian banks up 47.7% on lending margins
Surge attributed to bank’s preference to maintain high lending margins despite low 10% lending growth.
BEA earns US$339.7M on operating income growth
Bank of East Asia's consolidated profit after taxation reached US$339.7 million for 2009.
Asia Pacific banking systems exhibit stability
Twelve of Asia Pacific’s banking systems were given improved stable outlooks by Moody’s Investors Service.
CSFI/PwC report warns of Asian banking risks
Over-reaction of regulators ranked as the biggest fear of Asian bankers.
India cancels plan for bank mergers and acquisitions
Central bank's aversion for consolidation of lenders spurs government to shelve moves to discuss M&As.
Moody's lowers Singaporean banks' hybrid securities ratings
Moody's Investors Service downgraded its ratings on certain Singaporean banks' hybrid securities in line with its revised guidelines.
Maybank Q2 net profits up by 35%
Loans growth and higher non-interest income aided net profit boom to $289.52mln.
China Construction and Banco Santander JV talks ongoing
CCB would provide 60 percent for the venture while Banco Santander will fill in the rest.
Sumitomo Mitsui's Q3 net grows by $1.39bln
The bank raked in the highest profit in seven quarters and topped combined profits of Japan's megabanks.
AmBank profits up by 12.6% on net loans growth
The AmBank group recorded a profit of US$224 million for nine months ending 31 March. The after tax and minority interest figure translates to a 12.6 percent growth over the previous corresponding period.
DBS interested in investing in Chinese bank
Possible investment in a mainland lender is part of DBS' aggressive expansion plan.
Japanese bank lending plunges to all-time low since 2005
Japanese bank lending slumped to its lowest since 2005, with some firms deferring capital investments while others turned to bond markets in a bid to raise funds.
Indian banks complain of high valuations in Indonesia
Overvalued stake offers shun SBI and Union Bank of India from buying Indonesian banks.
Thanachart is top bidder for Siam City stake
A person familiar with the deal said Thanachart offered $984.3 million for the SCIB's 47.6 percent stake.
Bank of Communications to receive capital from government
A source said the threat of seizing control over lender prompted China’s Ministry of Finance move.
Fitch cautions Chinese banks of huge ‘bubble risk’
The agency issued warning after it downgraded China Merchants and China CITIC over bad debt.
HSBC, Thanachart among the remaining Siam City bidders
Lenders still eager to acquire 47.6 percent stake in Siam City after three other bidders quit.
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Why Philippine banks, insurers embrace hyper-personalized services
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