Retail Banking
Bank of Shanghai plans issuing $768mn subordinated bonds
Bank of Shanghai Co. said Tuesday it plans to sell up to CNY5 billion ($768 million) worth of subordinated bonds on the interbank market between May...
Bank of Shanghai plans issuing $768mn subordinated bonds
Bank of Shanghai Co. said Tuesday it plans to sell up to CNY5 billion ($768 million) worth of subordinated bonds on the interbank market between May...
Metrobank first quarter profit up 21% to $71.77mn
The lender looks forward to a 12% loan growth this year as it focus on its consumer lending business.
Giving big bonuses puts Korea Exchange Bank under fire
Yet KEB said the bonuses were given as incentives for above-expected profit of $682mn, an increase of 42.3%.
Hana remains dedicated to save bid for KEB
The lender fights for KEB takeover as it zeroes in on the move to further its growth.
GRG Suitong closes cash management deal with Citibank Guangzhou
Under the agreement, Citibank Guangzhou expects to improve its ATM network management efficiency.
DBS Taiwan reports 103% rise in net profit
DBS Taiwan’s first-quarter earnings more than doubled year-on-year with record earnings of SGD 807 million or NTD 18.6 billion.
Maybank sees surge in debit card segment
Maybank expects its debit card segment to continue growing at over 100 % this year, making it the fastest growing card segment in its stable.
Maybank satisfies pre-condition for Lim Eng acquisition
Maybankcwill make a mandatory unconditional cash offer to acquire all the ordinary shares of Kim Eng Holdings Limited at a price of S$3.10 per share...
Bank Mega fraud investigation still underway
Bank Indonesia will need one more week to complete its investigation into the alleged cases of fraud at Bank Mega.
Vietnam banks to raise registered capital
Many small-scale commercial joint stock banks in Vietnam have completed raising required authorised shareholder capital of at least VND3,000 billion...
HSBC eyes $3.5bn total savings
The lender scales down target in retail banking and wealth management after disappointing quarterly earnings.
EON Capital first quarter pre-tax profit up 25.3% to $55.05mn
The earnings growth was fuelled by higher net interest income, Islamic banking earnings and non-interest income.
Julius Baer targets entry in India private banking
The Swiss lender is serious in its expansion in the country despite being a crowded market in serving millionaires.
Maybank nine months profit up 13.4% to $1.1bn
The company’s positive result boosted by Maybank Islamic which saw pre-tax profit rising 64.1% to $210.28mn.
Aozora Bank quadruples group net profit
Aozora Bank achieved an annual consolidated business profit of 37bn yen, up 10.5% or 3.5bn yen year-on-year.
Namvietbank quadruples Q1 rise in profit
With over 60 billion dong profit in the first quarter of this year, Namvietbank-NVB fulfilled 22 per cent of the year's plan.
Techcombank to jointly provide service with Wells Fargo Bank
Techcombank and Wells Fargo Bank signed an MoU to jointly provide banking and financial services for corporate customers of each other in Vietnam and...