Retail Banking

Philippine Savings Bank doubles net profit to $12.9M

Philippine Savings Bank reported a net income to US$12.9 million in the first quarter of 2012.

Philippine Savings Bank doubles net profit to $12.9M

Philippine Savings Bank reported a net income to US$12.9 million in the first quarter of 2012.

CIMB Niaga's net profit surges 29% in 1Q12

Thanks to its operating income which rose 30% to Rp3.17 trillion.

Habubank announces plan to merge with SHB

Habubank announced its draft plan to merge with the SHB.

DBS, UOB, OCBC have high-quality capital base: Fitch

Thanks to the banks’ high capital standards, close regulatory supervision and strong funding franchises.

Public Bank Q1 pre-tax profit up 6.2%

Public Bank's first quarter pre-tax profit increased by 6.2 percent to RM1.245 billion from RM1.173 billion from the previous quarter.

Japanese banks' net profits soared in 2011

Looks like Japan's banking sector managed to thrive in the midst of disasters.

Tougher banking rules boost banking safety in China

Rating agency Standard & Poor’s applauds China’s amended reserve regulations.

Bank Pembangunan's pre-tax profit up 23%

Bank Pembangunan posted a pre-tax profit of RM618 million for the financial year ended Dec 31, 2011.

HDFC Bank exceeds expectations with Q4 profit of $282M

HDFC Bank exceeded analysts' expectations with a 30.3 percent rise in fourth-quarter net profit of US$282 million or Rs 1453.

Is forcing bank mergers the solution to Vietnam's credit crisis?

BBVA warns weak banks should first be recapitalized by the government before being merged.

Palm reading ATMs to debut in Japan

A new technology literally places the security of your deposits in the palm of your hand.

Temasek ups investment in Chinese banking industry

Singapore’s sovereign wealth fund casts a huge vote of confidence in China’s economy.

Chinese banks still burdened by tight liquidity

Cuts in required reserve ratios are not enough to fully offset the tighter liquidity conditions, says BBVA.

Malaysia's AFB to implement corporate banking model in Indonesia, Philippines

Asian Finance Bank staged a turnaround for its financial year ended Dec 31, 2011, said CEO Datuk Mohamed Azahari Kamil.

IOB eyes 16-18% credit growth

IOB is eyeing a credit growth of 16-18 percent and deposits growth of 18-20 percent in the current financial year.

HSBC wants more business in India

India is on the top of HSBC's mind but laments the restriction of opening branches.

CIMB, RBS confirms business cooperation

CIMB and RBS confirmed their mutual understanding to cooperate in various areas of business through a cooperation agreement.