Retail Banking
DBS not giving up on acquiring Danamon
Singapore’s biggest bank by assets will push through with its planned US$7.3 billion acquisition of PT Bank Danamon Indonesia.
DBS not giving up on acquiring Danamon
Singapore’s biggest bank by assets will push through with its planned US$7.3 billion acquisition of PT Bank Danamon Indonesia.
Cathay Financial has most employees among Taiwan firms
Cathay Financial is the largest employer among listed peers, according to a Taiwan Stock Exchange’s social responsibility review.
OCBC NISP posts Rp407B net income
OCBC NISP posted a net income of Rp 407 billion in the first half.
Industrial Bank of Korea suffers poor Q2 net interest margin
Industrial Bank of Korea's second-quarter earnings went down 35.7 percent from a year earlier.
BII posts 61% net increase
Bank Internasional Indonesia reported a 61 percent net income increase in the first half with Rp 592 billion or $63 million.
Asian banks urged to cut dividends by 50%: Barclays
Dividend cuts will be needed to fund regualtory capital increases.
Indonesia's Bank Mega to focus on expanding SME business
Bank Mega credited their focus on credit disbursement to SMEs in doubling its net profit to Rp 909 billion or US$96.35 million in the first half.
OCBC NISP ponders on possible acquisitions
OCBC NISP is assessing five to 10 financing companies as acquisition targets and has prepared Rp 500 billion to Rp 1 trillion for the transaction.
Association of Banks in Malaysia to host dialogues in Sabah, Sarawak
The Association of Banks in Malaysia is sharing ideas with SMEs, business organisations and banks in Sabah and Sarawak through dialogue.
BSN to tap 260 new agents for branchless banking in Penang
Bank Simpanan Nasional will appoint 260 agents by year-end to boost the current 57 agents for its 3B services in Penang.
Maybank sure to keep control of Bank Internasional Indonesia
Maybank expects to keep its controlling stake in Bank Internasional Indonesia despite the recent change in bank ownership rules in Indonesia.
OCBC faces squeeze from contracting interest margins
Strong loan growth helps boost the profit of the world’s strongest bank by 12% in the second quarter but its net interest margins continue to shrink...
High salaries of top bank execs not good for Indonesian banking industry
Indonesia’s bankers are the best paid in Asia while its banks are the most profitable in Southeast Asia.
Vijaya Bank hopeful of 18-20 per cent credit growth
Vijaya Bank hopes to achieve an 18 to 20 percent credit growth in the current financial year.
BJB posts Rp600B first half net profit
Bank BJB increased its net profit by 10.29 percent to Rp 600 billion or US$63.21 million the first half.
Shenzhen Development Bank now carrying Ping An Bank brand
The former Shenzhen Development Bank will now operate under the name Ping An Bank after it has been absorbed in a merger.
India's Federal Bank reports profit increase
Federal Bank has reported a net profit of Rs.190.35 crore for the first quarter ended June 30, 2012, against Rs.146.16 crore in the year-ago period...
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