Retail Banking
Woori union opposes privitization
The labor union of Woori vowed to launch a general strike if the government continues plans to sell it to another banking group.
Woori union opposes privitization
The labor union of Woori vowed to launch a general strike if the government continues plans to sell it to another banking group.
RHB Bank anticipates 10-12% loan growth
RHB Bank acting director, Vince Au Yoong, is confident that the loans sector will continue to grow but will see a slightly lower margin compared with...
Singaporean banks are the world’s strongest
Two Singaporean banks lead Bloomberg Markets’ second annual ranking of the world’s strongest banks.
Baroda hopes to maintain net interest margin at 3.41-3.61 %
Bank of Baroda hopes to achieve a net interest margin in the range of 3.41-3.61 percent in the current financial year.
Vijaya Bank focuses on low-cost deposit base
Vijaya Bank will focus more on increasing its low-cost deposit base as it aims a 20 percent growth in overall business.
Chinese banks gear-up for massive foreign expansion
It’s only a matter of time before China’s banks venture overseas in large numbers to support Chinese businessmen around the globe.
Woori Finance's net up 33% in Q1
Woori Finance's first-quarter net jumped 33 percent to 668.6 billion won or US$590.8 million from 502.6 billion won last year.
ANZ posts record profit on expanding China business
The Australia and New Zealand Banking Group Ltd reports a record profit of US$3 billion in its first-half ending March.
Bank Jabar enjoys 21% lending growth
Bank Jabar reported a 21 percent increase in lending in the first quarter of the year.
Will DBS get a go-ahead for its bid for Bank Danamon?
If so, what can both banks expect from the takeover?
Shadow banking in China moderates
Looks like the regulations in 2011 were successful in reducing major risks by slowing shadow banking activities.
Mitsubishi UFJ looks overseas for salvation
Japan’s biggest bank intends to generate some 40% of its profit overseas from the present 28%.
Vietnam's ACB posts $35M net in Q1 2012
ACB reported a net interest income of 1.651 trillion dong in the first quarter of 2012, increasing by 29 percent over the same period last year.
Sri Lanka's Seylan Bank ups Q1 net profit by 59%
Seylan Bank reported a net profit-after-tax of Rs. 406.8 million or US$3.129 million in Q1 of 2012.
East-West bank in successful IPO
The first Philippine bank to IPO in eight years sees its shares oversubscribed by more than three times.
Bank Mandiri to offer renminbi financing
Bank Mandiri expects to provide renminbi financing services to Mainland clients within three years.
ICBC ups net profit by 14% in Q1
ICBC's net profit rose 14 percent year on year to 61.34 billion yuan or US$ 9.77 billion in the first quarter of 2012.