Retail Banking

Taiwanese banks' key profitability indicators

Taiwanese banks’ net interest margins are unlikely to improve in the next 2 years, says Standard & Poor's.

Taiwanese banks' key profitability indicators

Taiwanese banks’ net interest margins are unlikely to improve in the next 2 years, says Standard & Poor's.

Mitsubishi UFJ goes for more M&As in the USA

Japan's biggest lender has not lost its appetite for massive mergers and acquisitions.

Ramamurthy to head AmBank Group

Ashok Ramamurthy has been appointed as the new AmBank Group managing director.

CIMB appoints Renzo Viegas as deputy CEO

He will also be the head of consumer banking starting 2 April 2012.

DBS inks a deal with Fullerton to acquire Bank of Danamon's major stakeholder

DBS plans to acquire remaining less than 30% listed shares from minor shareholders through amandatory tender offer of IDR7,000 per share.

ICBC records record high net profit in 2011 amid growing bad loans

ICBC's net profit for January to December period gained 26% to CNY208.27 billion or US$33 billion from CNY165.16 billion.

DBS mum on pursuing Bank Danamon shares

Investors have expressed interest in buying a stake in Bank Danamon from its controlling shareholder.

China Construction Bank posts 25% net profit growth

China Construction Bank registered a 25.48% growth in its $26.89 billion net profit in 2011.

Narangoda steps down as Seylan Bank chairman

Eastman Narangoda announced that due to personal reason he has stepped down from his post as Chairman of Seylan Bank.

Top Chinese banks post embarrassingly high profits

Seven of China’s leading banks lean on interest income to book record profits.

Malaysia’s Bank Rakyat with record profit

Malaysia’s largest Islamic cooperative bank focuses on personal finance and attains record operating figures.

Minsheng Bank to raise US$1.4 billion

China Minsheng Banking Corporation, Ltd needs some US$1.4 billion to meet tougher government regulations.

Myanmar's open door policy attracts Thai banks

Thai banks are eyeing to operate in Myanmar when the latter's policy of opening to international banks takes effect on 2015.

Vietcombank targets $238.6M after tax profit in 2012

Vietcombank is targeting an after tax profit at 4.929 trillion dong or US$238.6 million, a year on year increase of 17%.

Deposits of Ho Chi Minh banks in rise 1.6% in March

Deposits of HCM City-based commercial banks are estimated to have reached 904.9 trillion dong  in March.

Banco de Oro braces for Basel III

Banco de Oro Unibank, Inc intends to raise at least US$200 million in Tier 1 Capital this year.

Chinese banks' overdue loan portfolio

Research shows the banks' overdue loan ratios have a close correlation with their NPL ratios.