Retail Banking
City Union Bank net profit up 26%
City Union Bank today reported 25.8 per cent jump in net profit to Rs 77.52 crore for the second quarter ending September 30. For the half-year...
City Union Bank net profit up 26%
City Union Bank today reported 25.8 per cent jump in net profit to Rs 77.52 crore for the second quarter ending September 30. For the half-year...
ICBC profit up 28.3% in first 3 quarters
ICBC recorded a profit after tax of RMB 164 billion in the first three quarters of 2011, up 28.31% over the same period last year. The Bank has...
City Union Bank holds off plans to raise savings account rates
City Union Bank has decided to hold off plans to revise its interest rates on savings bank accounts.
Bank of China faces challenges, opportunities as SIFI
Bank of China will face the challenegs after being named one of the systemically important financial institutions or SIFIs by the Financial Stability...
DBS, UOB post different results for Q3
DBS exceeded its expected net profits for the third quarter, but another Singaporean bank, UOB, posted lower than expected net profit.
ANZ group posts US$ 5.5 B profit
ANZ Banking Corp. posted a 19 percent rise in annual profit to 5.36 billion Australian dollars or $5.54 billion.
India's govt banks won't increase savings interest rates
Public sector banks are will not raise interest rates as they are convinced their customers will remain loyal.
Institutional caution issued against Kookmin Bank
An institutional caution has been issued and a fine of 54.5 million won or US$49,086 has been slapped against Kookmin Bank for breaching regulations...
IBK net incomes up 12% in Q3
The Industrial Bank of Korea announced that its third-quarter earnings rose 12 percent from a year earlier due to an increase in interest income.
China's central bank injects cash via open market
The People's Bank of China stopped draining liquidity from banks through its open market operations this week.
Asian banks hit by another round of massive job cuts
Credit Suisse and Nomura Holdings recently announced cost cutting, all the more proving Asia’s falling job market.
DBS keen to buy businesses shed by European banks
“At the right time and right price, we’ll always be a buyer,” CEO Piyush Gupta said.
OCBC’s 3Q11 profit disappoints at S$513m
The bank’s non-interest income also declined 26% due to net trading loss.
Japanese banks shift money into US to escape Euro crisis
The sovereign debt crisis in the Euro zone sure got Japanese banks worried.
UOB’s profit slumps 18% to S$522m in Q3 2011
You can well blame it on poor trading and investment income.
Allahabad Bank's net profit up 21.22%
Allahabad Bank registered a net profit of Rs.488.01 crore for the second quarter ended Sep 30, 2011, from Rs.402.57 crore last year. This figure...
Westpac's profit up 10% to US$7.2B
Westpac Banking Corporation posted a 10 percent rise in full year profit to US$7.2 billion from US$6.54 billion U.S. dollars last year.
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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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