Retail Banking
China Merchants Q1 profit up 40% at $864mln
Lender said higher net interest margin and expanded intermediary business boosted its net profit.
China Merchants Q1 profit up 40% at $864mln
Lender said higher net interest margin and expanded intermediary business boosted its net profit.
Bank of Baroda Q4 profit up 20%
Steady performance coupled by one time stake sale has driven lender’s net profit up at $204mln.
HSBC introduces dedicated zones to China, Taiwan customers
Section will offer account opening, financial planning and other banking transaction facilities.
PSBank Q1 profit up 57% at $11mln
Lender sees surge in consumer loans to continue due to improved consumer confidence.
Hong Leong may forgo shares sale for EON
Analysts think that HLB is sticking to its all-cash $1.59bln offer to stamp the EON deal.
Bank of China Q1 2010 profit up 41%
Loan expansion propelled by robust economic recovery raised bank’s net profit to $3.84bln.
HSBC has no interest in Korea Exchange stake
CEO Michael Geoghegan no longer showed desire on Lone Star’s stake even as global economy rebounds.
Korea's pension keen on joining KEB, Woori deals
Lender's chair said South Korea’s pension service is eager enter transactions profiting the agency.
Minister says Indian banks had Dubai World exposure
Country's finance minister allayed fears on $537mln exposure as Indian banking system was sound and resilient.
Siam City-Thanachart merger on target
SCIB chief is optimistic that the combined 679 branches will provide room for further expansion.
HDFC Bank 4Q profit up 33% at $188mln
The above market expectations figures were driven by higher margins and loan growth.
ICICI Q4 profit up 79% at $303mln
Lender's net profit jumped while total income slid by almost 5%.
Hong Leong submits application for EON's takeover
HLB also submitted application for $470.37mln rights issue to Malaysia's central bank for its expansion.
Affin rejects report of bidding for EON Cap
Affin said it is on a lookout for growth opportunities despite denying move to acquire EON.
Danamon 1Q 2010 profit up 78% at $78mln
Net profit growth attributed to surge in loans and cost of credit improvement.
Bangkok Bank Q1 2010 profit up 24%
Analysts believe net profit growth at $187mln may be sustained due to economic rebound.
China Minsheng 2009 profit up 53% at $1.8bln
Lender's earnings report excludes its $130mln investment in UCBH Holdings that upset its proposed overseas expansion.
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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.
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