Singapore

Lower loan-loss reserves and a one-off gain attributed to KEB's growth.

ANZ became the first foreign bank to be granted universal status by Bangko Sentral ng Pilipinas.

Mega wants more collaboration with Chinese lenders after it released $31 million loan with BoC.

EON said Hong Leong's $1.4 billion offer undermined former's latest projected growth.

SBI plans procuring funds through equity within 2 years to reach capital requirement target.

Regulator's approval could bring in additional $3.2 billion after lender's expansion.

HSBC, Bank of Nova Scotia and Hong Leong remain as bidders after KDB saw potential risks.

Bank's chief said 19 percent stake in BoCom was enough as it abides by China's policies.

OCBC has completed the acquisition of Singapore-based ING Asia Private Bank Limited and its subsidiaries for approximately US$1,446 million.

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

ATM manufacturer reports sales down, profits down, no sign of recovery as banks delay replacing old systems.

Based on comparison, ICBC achieved robust loan expansion and preserved its most conservative leverage at the best capital strength by Sep 09. In preview of the inflationary 2010 with expected rate hikes, ICBC is better equipped to tap into rising loan yields and investment returns. We expect a 15.0% loan book expansion and 22% ROE for ICBC in 2010, matching sector average at 14.6% and 20.0%, and above its historical loan CAGR at 12.2% over 2003-08. ICBC has expanded its exposure to low risk loan projects including infra¬structure and mortgage, leading to a moderate decrease in risk-weighted assets-to-total assets ratio to 45% as of Sep 09, from 47% as of FY08. ICBC will take up more SME loans next year, but we expect the risk weight to stay at a comfortable range of below 50% for slow capital consumption. ICBC’s loan-to-deposit ratio of 57.9%, was the lowest among the H-share banks as of Sep 09. As the first batch of China banks to implement Basel II in 2010, ICBC ex¬pects further improvement on its capital adequacy ratios based on its trial run. With core and total CAR at 9.9% and 12.6%, ICBC is best equipped among peers to weather financial market and economic turbulences, as well as to capture growth opportunities.  

The recession may be key to much needed change - Ernst & Young explains why.

Economic recovery and new CEO prompts lender to expansion that could increase earnings by 26 percent.

Dr. Lee Boon Keng joins Dr. V. Anantha-Nageswaran in managing the bank's Investment Solutions and Investment Advisory.

The last two years have been extraordinary by any standards. Established financial institutions have been swept away, amalgamated or nationalised in many countries across the world. Property bubbles have burst. Governments have been forced to step in to save entire industry sectors at a vast cost to the public. Government spending has also ended up in the limelight.