News
S Korean Banks expected to net lower profits in 2Q
South Korean banks are expected to suffer sharp decline in second-quarter net profit.
S Korean Banks expected to net lower profits in 2Q
South Korean banks are expected to suffer sharp decline in second-quarter net profit.
HDFC quarterly net up 18.6%
HDFC reported 18.6 percent net profit at Rs.10,019.10 million for the quarter ended June 30 against Rs.8,445.30 million in the same period last year.
Chinese bank opens for business in Sweden
Bank of China has opened the first Chinese bank branch in the Nordic region.
Dena Bank eyes 20-25% credit growth
The deficit caused by rainfall has not caused any major worry on credit offtake for Dena Bank, although it could be a problem if it worsened.
Five foreign banks end Philippine operations
Financial turmoil in their home countries forces American Express Bank and four other foreign banks to depart the Philippines.
India's public sector banks continue expansion spree
India's public sector banks added about 5,000 branches in 2011-12, estimated to benefit seven crore customers in the country.
Taiwanese banks prepare more mainland expansion
Taiwanese banks are expanding their in the mainland with two opening branches in the last two weeks and another one on the way.
Korea Eximbank sets up Philippine office
Korea Eximbank has set up an office in the Philippines in anticipation of the expected rise in investments from South Korean firms.
UBI targets to boost credit growth by 20%
Union Bank of India intends to open three overseas branches by early 2013 to achieve this goal.
Malaysian banks to relocate off-site ATMs for security purposes
A spate of high-profile robberies in the Klang Valley had Malaysian banks thinking of removing ATMs in malls, supermarkets, petrol and rail stations.
Temasek in search of energy investments
Data from Temasek showed that resources and energy accounted for 6% of its portfolio as of the end of March.
Philippines' BDO targets loan growth of 20%, income growth of 19%
BDO expects a loan growth of over 20-percent in the next three to five years with the expanding economy.
Indonesia's BCA expects less lending due to down payment regulations
PT Bank Central Asia expects lower consumer lending due to the implementation of minimum down payments.
China's ICBC takes controlling interest in US bank
ICBC became the first Chinese lender to take a controlling interest in a U.S. bank after completing its 80-percent purchase of BEA.
Net drops 57% as lending grows for Indonesia's Bank Mutiara
Bank Mutiara's net profits fell 57 percent to Rp 86 billion or US$9 million in the first semester.
Indonesia's Mandiri enjoys loan growth with small home financing
Bank Mandiri's mortgage loans grew by 29 to 30 percent in the first half as it expanded into financing smaller houses.
Nepal's Mega Bank to form alliances with other Asian banks
Mega Bank has announced a plan to enter into strategic alliance with leading banks in South Asia and other Asian countries within next five years.
Thought Leadership Centre
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
The bank’s digital solutions are winning over younger generations with 3.
Partner Sites
Thought Leadership Centre
In Association with
Resource Center
Partner Sites