Retail Banking

Bank of India wants more retail, SME clients

Bank of India will increase its retail and SME business up to 50 percent of its total.

Bank of India wants more retail, SME clients

Bank of India will increase its retail and SME business up to 50 percent of its total.

City Union Bank's first quarter net up by 26.3%

City Union Bank’s first quarter net profit increased by 26.3 per cent at Rs. 73.89 crore from Rs. 58.51 crore the previous year.

Philippines' Security Bank expands

Security Bank has expanded its branch network and has put up Security Bank Savings.

Woori Finance suffers 63% dip in Q2 net

Woori Finance suffered a 63.1 percent dip on its second-quarter earnings on higher loan-loss reserves and a falling profit margin.

Bank of East Asia profit jumps 10%

Bank of East Asia Ltd reported a net profit of HK$2.99 billion in the first-half.

Indonesia's Bank Mega doubles net profit to $96.35M

Bank Mega doubled its net profit to US$96.35 million or Rp 909 billion in the first half of 2012 from Rp 431 billion last year.

Southeast Asian banks to withstand external pressures: S&P

Standard and Poor's foresees most banks in Southeast Asia capable of withstanding external pressures but must brace for slower economic growth amid...

Thailand's KBank to provide consultancy to retail customers

Kasikornbank will get more involved in financial advisory banking to help retail customers.

Philippines’ BPI reports stellar first half results

The Philippines’ oldest and third largest bank by assets reported a 52% jump in net income during the first half.

Singapore's system loans inched up 1% in June

But Barclays reveals that system deposits were largely flat in June.

Are Thai banks complaining about higher funding costs?

Find out what analysts from Asian Development Bank has to say.

Allahabad Bank post 23% net growth with cash recovery

Allahabad Bank reported a more than expected 23% net profit growth due to a Rs 120-crore cash recovery.

Retail banks brace for new wave of technology adoption

Global Banks have a grueling task of repositioning their business portfolio in view of financial upheavals in the wake of European crisis and...

South Korean banks brace for bleak profitability in 2012

The combined net income of South Korea’s banking system plunged 59% during the second quarter.

Chinese banks pledge more loans for real economy

China reiterates its promise to boost bank loans to the more productive sectors of its wallowing economy and away from real estate speculation.

ICICI Bank reports 36% net profit increase

A low risk strategy enables India’s ICICI Bank to post a net profit of US$327 million in the first quarter.