Retail Banking
Singaporean banks prove resilience in stress test: Fitch
Fitch says Singapore banks can fully absorb asset-quality shocks through their earnings alone, thereby leaving a limited impairment risk on capital.
Singaporean banks prove resilience in stress test: Fitch
Fitch says Singapore banks can fully absorb asset-quality shocks through their earnings alone, thereby leaving a limited impairment risk on capital.
City Union Bank eyes up to 30% growth
City Union Bank hopes to register a 20-30 percent growth this fiscal amid challenging times. "We hope to maintain a growth rate between 20-30 per...
DongA Bank earns $24M pretax profit in 4 months
DongA Bank generated a pretax profit of VND500 billion or US24 million in the first four months of this year.
Vietinbank to conclude 20% stake sale in Q4
VietinBank will conclude a 20% stake sale to a foreign strategic partner in in the fourth quarter.
AMMB's Pre-Tax Profit Jumps To RM2.082 Billion
AMMB Holdings pre-tax profit for the financial year ended March 31 surged to RM2.082 billion from the RM1.865 billion posted the previous year.
Commonwealth Bank posts lower than expected $1.69B Q1 profit
Commonwealth Bank of Australia posted a net profit of US$1.69 billion for the first three months of 2012.
Bank Simpanan posts $332M net income
Bank Simpanan Nasional increased its net income for financial year ended Dec 31, 2011 to RM1.032 billion or US$332 million.
Solomon Savings Bank CEO arrested for suspected corruption
Prosecutors have arrested the CEO Solomon Savings Bank over allegations he embezzled and illegally lent billions of won.
HSBC to maximize opportunities in Malaysia
While HSBC Malaysia had been growing in the last two years and was looking at its cost base very carefully, it has yet to fully penerate the...
Vietnam's rising loans-to-deposits ratio
The pace of credit growth has outstripped the availability of funds since 2008, says Standard & Poor's.
Will Vietnam reach the 15-17% credit growth rate target this year?
With various difficulties that abound Vietnam's banking system, is the target even possible?
Banks support Malaysian SME’s overseas expansion
Malaysia’s small and medium enterprises receive more banking support in their quest for higher exports.
CIMB's acquisition of BoC to diversify operations: Moody's
Moody's gave CIMB Bank Bhd's plan to acquire a 59.98 per cent stake in the Philippines Bank of Commerce positive rating.
Philippine banks outdid regional rivals in 2011
The Philippines’ central bank claims the country’s banks did better than most of its Southeast Asian rivals.
People badly hit by closure of Nepalese banks, ATMs
It was the people that suffered most after banks in Baglung shut down their services due to security threats.
CIMB Bank relocates commercial banking centre
CIMB Bank relocated its commercial banking centre from Jalan Barat to Wisma BU8, Petaling Jaya.
Singapore's UOB ups Q1 profit by 12%
United Overseas Bank Ltd posted 12 percent rise in quarterly profit due to higher loan margins and fees.