Retail Banking
BDO 9-month net earnings grow by 58%
Banco de Oro recorded a net income of US$146 million in the first nine months of 2010. This is higher by 58 percent compared to the US$91.27 million...
BDO 9-month net earnings grow by 58%
Banco de Oro recorded a net income of US$146 million in the first nine months of 2010. This is higher by 58 percent compared to the US$91.27 million...
ANZ invests additional $124.9M in BoT
ANZ invested another US$124.9 million in BoT to support the latter's strategic growth agenda.
ICBC to raise $6.8bln via rights issue
Central Huijin to participate in ICBC’s move to replenish capital following successful attempts of the bank’s rivals.
ICBC officially enters Thai market
ICBC opened a branch Bangkok to mark its foray into the Thai market. The new Branch, formerly ACL Bank before being acquired by ICBC, was officially...
Moody's sees positive outlook on three Chinese policy banks
Moody's upgraded the long-term ratings of three big policy banks in China to Aa3 from A1. The three banks are China Development Bank, Export-Import...
StanChart to increase Southeast Asia workforce by 20%
The lender will add 4,000 employees as it taps region’s emerging countries.
Commonwealth Bank sees customer leaving over interest rate hike
The bank raised its home loan rate by almost double the Reserve Bank's interest 0.25% official rate rise to fund its increasing costs.
Korea Exchange Bank profit down 31.3% to $259.8 million
Board appoints Chief Executive Larry Klane as the next chairman to supervise the sale of its 51% stake.
Moody's downgrades Shinsei Bank's financial strength
Moody's downgraded Shinsei Bank Limited's bank financial strength rating to D- from D+.
Public Bank achieves 22% pre-tax profit growth
The Public Bank achieved a pre-tax profit of US$958.6 million for the first nine months of 2010. The figure represents a 22 per cent growth from the...
BOC’s nine month profit up by 27.70%
BOC recorded a profit after tax of US$12.48 billion in the first three quarters of 2010, an increase of 27.48 per cent compared with the same period...
ICICI eyes issuing of benchmark 10-Yr dollar bond
Analysts see more bond release from Indian banks investors are becoming more comfortable with Indian paper.
OCBC to issue $500mln subordinated notes
The notes rated Aa2 by Moody's are to be issued to Asian and European-based investors.
SBI’s $569.5mln profit is below expectations
The bank’s profit short of $83.3mln as provisions for bad loans surged and staff costs climbed.
India’s SBI seeks $100mln bank purchases in Indonesia
The lender is choosing among three banks after it had bought one Indonesian bank in 2006.
Indonesian banks to educate students to save
Lenders open savings account program for students to boost Indonesia’s saving ratio, the lowest among ASEAN countries.
KB Financial not keen on bank mergers
The lender to focus first on organic growth by being a competitive local and diversified financial services group.
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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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