News

Philippines' BDO boosts net income by 36% to P14.3b

BDO Unibank's net income jumped 36 percent courtesy of its robust lending, deposit-taking, and fee-based businesses.

Philippines' BDO boosts net income by 36% to P14.3b

BDO Unibank's net income jumped 36 percent courtesy of its robust lending, deposit-taking, and fee-based businesses.

Bank of East Asia posted ~USD780m net profit for FY12

Barclays cites 3 reasons behind the profit beat.

Indian billionaires vie to establish new banks

India’s bid to boost lending allows corporations to open banks.

Bangkok Bank to expand personal loan offering

Bangkok Bank is studying he best way to expand in the personal loans sector.

StanChart Korea finds itself in hot water

Three state regulators took turns putting the squeeze on Standard Chartered Bank Korea.

Hong Kong banks' earnings to only grow 5% in 2013

Blame it on abundant liquidity conditions exacerbated by weaker loan demand.

Indian banking system won't recover until 2015: S&P

Banks will need significant amounts of capital to meet Basel III norms.

Hong Leong Bank's net profit up 25% to ~USD317m in 1HFY13

It's 52% of the Street’s full-year estimate.

ICBC's profit surged 69% to US$54m in Dubai

Thanks to stronger trade between China and Dubai.