Retail Banking
Profits of Indonesian banks up 47.7% on lending margins
Surge attributed to bank’s preference to maintain high lending margins despite low 10% lending growth.
Profits of Indonesian banks up 47.7% on lending margins
Surge attributed to bank’s preference to maintain high lending margins despite low 10% lending growth.
BEA earns US$339.7M on operating income growth
Bank of East Asia's consolidated profit after taxation reached US$339.7 million for 2009.
Asia Pacific banking systems exhibit stability
Twelve of Asia Pacific’s banking systems were given improved stable outlooks by Moody’s Investors Service.
CSFI/PwC report warns of Asian banking risks
Over-reaction of regulators ranked as the biggest fear of Asian bankers.
India cancels plan for bank mergers and acquisitions
Central bank's aversion for consolidation of lenders spurs government to shelve moves to discuss M&As.
KB Financial Chief Director Cho Dam quits
South Korea's new policy limiting outside directors to a maximum five year term prompts Cho's resignation.
Moody's lowers Singaporean banks' hybrid securities ratings
Moody's Investors Service downgraded its ratings on certain Singaporean banks' hybrid securities in line with its revised guidelines.
Maybank Q2 net profits up by 35%
Loans growth and higher non-interest income aided net profit boom to $289.52mln.
China Construction and Banco Santander JV talks ongoing
CCB would provide 60 percent for the venture while Banco Santander will fill in the rest.
Sumitomo Mitsui's Q3 net grows by $1.39bln
The bank raked in the highest profit in seven quarters and topped combined profits of Japan's megabanks.
BankIslami to conduct due diligence on EGIBL
State Bank of Pakistan has permitted BankIslami to conduct due diligence on Emirates Global Islamic Bank Limited.
China Bank opens first of 40 new branches
China Bank opened its Cebu-Mandaue Cabancalan Branch, its 248th nationwide and 15th in Cebu.
AmBank profits up by 12.6% on net loans growth
The AmBank group recorded a profit of US$224 million for nine months ending 31 March. The after tax and minority interest figure translates to a 12.6...
DBS interested in investing in Chinese bank
Possible investment in a mainland lender is part of DBS' aggressive expansion plan.
Indian banks complain of high valuations in Indonesia
Overvalued stake offers shun SBI and Union Bank of India from buying Indonesian banks.
Thanachart is top bidder for Siam City stake
A person familiar with the deal said Thanachart offered $984.3 million for the SCIB's 47.6 percent stake.
Bank of Communications to receive capital from government
A source said the threat of seizing control over lender prompted China’s Ministry of Finance move.
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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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