Retail Banking
BPI first half profit up 12% to $146.81mn
Yet operating costs surged 11%, with half of the increase coming from higher manpower costs due to a new agreement with the bank's labor union.
BPI first half profit up 12% to $146.81mn
Yet operating costs surged 11%, with half of the increase coming from higher manpower costs due to a new agreement with the bank's labor union.
Is Linked-In the future of banks in China?
Numerous articles have explored the usage of social media and marketing in the financial industry. Although our feeling is that no institution has...
Chinese banks pursue full bank licenses in Singapore
Chinese officials urged Singapore to consider issuing Qualifying Full Bank licenses to the Singapore branches of two Chinese banks, the Bank of China...
Malaysian banks to focus on non-interest income
Non-interest income business for the country's eight anchor banks seen to be about $5.91bn this year .
Maybank remains uninterested in RHB deal
RHB said a potential merger with Maybank or other lenders could be considered if valuations are right.
KB Financial returns to green in a huge turnaround
Main focus is to boost non-banking divisions as the South Korean banking market faces saturation.
Bank Rakyat Indonesia first half profit up 57%
Increase in soaring net interest income, growing fee-based income and recovery in bad loans fuelled the profit rise.
HSBC posts $6.8B first half pre-tax profit in Asia
HSBC's businesses in Asia delivered profits before tax on a reported basis of US$ 6.8 billion in the first half of 2011.
CIMB penetrates Indian Market
CIMB Group has entered into the Indian market with the opening of its Mumbai office.
Woori Finance returns to profit in 2nd quarter
Woori Finance returned to profit in the second quarter on a sharp rise in non-interest income.
ICICI first quarter profit surges 30% to $301mn
Dip in bad loans and surge in interest income ushered the profit increase.
Bank of Baroda first quarter profit up 20% to $234.4mn
The lender minimises exposure to various projects and diversify risks.
Bank Mandiri expects small loans surge by 25%
Indonesia’s average annual 6% growth opens up opportunities for more small loans.
Maybank takes over 84% stake in Kim Eng Securities Thailand
Maybank’s subsidiary had no plan to delist from the Thailand’s stock exchange as a free float of 15% was still held by retail investors.
Japan's big 3 set to expand overseas
The lenders capitalizes on stronger yen in quest to seek growth abroad as expected boost to loan demand from March quake is yet to materialize.
Punjab National Bank second quarter profit up 4%
The lender to acquire 30% of MetLife India Insurance to diversify its business.
China regulator: Loan provision of banks not enough
CBRC raised concern that $1.7 trillion of lending to local governments may trigger a series of bad debts that could lead to another banking bailout.
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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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