Retail Banking
Hong Leong Finance anticipates lower net profit in Q2
Hong Leong Finance has reported a decrease of 17.8 % in its second-quarter net profit to S$26.3 million, down from S$32 million from the same quarter...
Hong Leong Finance anticipates lower net profit in Q2
Hong Leong Finance has reported a decrease of 17.8 % in its second-quarter net profit to S$26.3 million, down from S$32 million from the same quarter...
Singapore's Citigroup, DBS maintain credit lines with French banks
Citigroup Inc. and DBS Group Holdings announced that they haven’t cut credit lines to French lenders.
EON Bank now integrated to Hong Leong Bank
Customers of the former EON Bank will be able to conduct transactions at all of its 145 branches redesignated as Hong Leong Bank branches beginning...
TienPhongBank posts over VND180B pre tax profit in 1st half
TienPhongBank gained over 180 billion dong pre tax profit during the first 6 months, up 16 billion dong against its plan.
ABC conducts overseas system operations
ABC launched its overseas system operation service area at the data center of its Head Office and has successfully tookover the core banking system...
Corporation Bank targets senior citizens in expansion efforts
Corporation Bank is in the process of according special and exclusive services for senior citizens.
Krung Thai Bank provides 2 short-term deposit products
To enable customers to gain the highest benefit from investment and to give an option for them to invest to their heart’s content, Krung Thai Bank...
Krung Thai Bank 2nd quarter stood profit increased to 55%
Krung Thai Bank reported a net income of 10,730 million baht, its highest semiannually net income in 16 years. Its quarterly net income soared 55%...
CIMB completes $499.5mn subordinated debt issue
The issue to be used to boost the lender’s working capital is part of a $1.66bn programme.
Australia’s major banks eyed to post more huge profits
Yet weakness in Australian economy’s consumer-exposed sectors and the impact of natural disasters may push bad debts up anew.
StanChart Singapore pre-tax profit up 11% to $465mn
The lender’s units in Singapore were its second largest contributor after Hong Kong in the first half.
BEA first half profit up 29% to $345.74mn
The bank’s profit was better-than-expected estimate of $266.5mn by analysts.
ICBC takes over Standard Bank Argentina
The $600mn transaction aims to strengthen the lender’s business network across Latin America and enhance our operating capability in the Americas.
HDFC Bank targets setting up branches in remote areas
The lender plans to open 147 branches in remote areas such as Kashmir, North East and Rajasthan.
Citibank India beefs up global markets team with new hires
The lender is committed to top Global Markets operations in India through appointment of several senior executives.
State Bank of India seen to raise $5.09bn via rights issue
The lender targets $3.1bn if the government retains its 59% stake, $2bn for 51% and $2.43bn for 55%.
Sampath Bank profit up 53% to $17.31mn
Yet the lender’s net interest margin slid to 4.11% which sliced down a substantial amount of net interest income.
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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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