Retail Banking

Krung Thai eyes 30% surge in fee income

Lender's optimism extends to its expansion plans and growth in consumer loans.

Krung Thai eyes 30% surge in fee income

Lender's optimism extends to its expansion plans and growth in consumer loans.

S&P scrutinizes IDBI's medium-term notes

Standard & Poor's assigned a 'BBB-' rating on the senior unsecured notes of IDBI Bank's proposed debt issues under the US$1.5 billion medium-term...

SCB nets US$630.6 million for 2009

SCB reported a 2009 net profit of US$630.6 million--almost at par with the record high set in 2008. In addition, the Bank reported a resumption of...

EON Capital still undecided on Hong Leong's offer

EONCap considers bids from other banks as it is studying Hong Leong's $1.44bln cash offer.

Mega International to partner with Bank of China

Tie-up was spurred by the signing of financial Memorandum of Understanding between Taiwan and Mainland.

Bank of Taiwan speeds up China market penetration

BOT chair said it considers buying China's municipal banks while forming alliances with its top lenders.

Getting transparent exposure

Managed account platforms are fast gaining popularity among institutional investors looking to get exposure to the “good” risks of hedge funds...

Siam City seeks completion of 47.58% stake divestment

Bank wants its new shareholder to help fortify operations and to revise bank's 2010 core business plan.

Woori Financial eyes acquiring Hanmi Bank

Move is part of Woori's plan to capture Korean American market in the two US coasts.

State Bank of India eyes growth in Japan

Lender is also eager to act as broker that facilitates collaboration between Indian and Japanese firms.

Bangkok Bank posts $606M net profit

Bangkok Bank increased its net profit in 2009 by 0.02 percent to US$606 million.  Profit before provisioning and tax amounted to US$1.085 billion, 0...

VietinBank unveils 2 foreign partners

Collaboration with IFC and Bank of Nova Scotia will give lender expertise in its global expansion.

The analyst’s call

Based on comparison, ICBC achieved robust loan expansion and preserved its most conservative leverage at the best capital strength by Sep 09. In...

ICICI Bank Q3 net falls by 13.4%

Net profit drop due to absence of treasury income is still smaller than anticipated.

Krung Thai Q4 profit rises beyond expectation

9.5 percent increase is eyed to get rosier this year due to stimulus package.

Alliance Bank hires new Chief Financial Officer

Eric Lee assumes CFO office after working for a global company.

Public Bank improves by 4.5% via financing income

Public Bank achieved a pre-tax profit of US$984.7 million and net profit of US$747 million for 2009. This happened on the back of a strong 10.2...