Retail Banking
China Merchants Bank nine month profit up 38% to $4.5bn
Earnings per share stood at 1.32 yuan In the same period.
China Merchants Bank nine month profit up 38% to $4.5bn
Earnings per share stood at 1.32 yuan In the same period.
Bank Central Asia and Pos join forces
The MOU paves way to provide banking services particularly to people living in remote areas not yet covered by BCA.
PSBank to raise $117.31mn for acquisitions
The move will strengthen the lender’s capital base.
DBS starts offering US dollar-based high-yield time deposit account
The product, minimum value of US$20,000, offers a one-year rate of 1.88%.
Bank of Communications third quarter profit up 31% to $1.9bn
Profit met the 11.9 billion-yuan median analysts’ estimate.
KB Financial third quarter profit soared six-fold to $519.2mn
Yet the results still fell short of analysts’ expectation.
Military Bank’s bad debts at 1.65%
Military Bank reported a bad debt ratio of 1.65% till the end of Q3.
First Commercial Bank and China Construction Bank strike deal
The Taiwanese lender has already opened a branch in Shanghai and a financial leasing company in Suzhou.
Bank of China third quarter profit up 9% to $4.7bn
Yet profit is below expected $4.91bn while AgBank’s $5.36bn profit is above the expected $5.33bn.
Metrobank and Wells Fargo strike deal
The Filipino lender targets to provide Filipinos in the US the cheapest remittance service.
Bank of Baroda to get $158.6mn from Indian government
The lender to receive the amount by way of preferential issue of equity shares/ warrants.
China’s big banks to report record profits as bad-debt ratios shrank
Industrial & Commercial Bank of China’s net income surged 28% to 54.4 billion yuan.
ICBC matches forecast with 28% increase in Q3 net profit
ICBC's third-quarter net profit rose 28 percent, helped by an interest rate hike and strong growth in fee income. Reuters reported that the bank...
What you need to know about Bank of China’s disappointing profit growth
BoC’s profit didn’t meet the 31.6 billion- yuan median estimate of eight analysts surveyed by Bloomberg News.
Busted! Goldman Sachs ex-director Gupta screwed for fraud
And it’s not one, not two, but five counts of securities fraud plus one count of conspiracy - now isn’t that something?
Hong Leong Bank launches personal accident plans for households
The lender said customers can start planning for personal accident coverage for three generations from as low as $13 monthly.
Bank Central Asia third quarter profit up 42% to $323.35 mn
Bank Central Asia (BCA), Indonesia's No. 3 lender, on Monday said its third quarter 2011 net profit rose 42 percent from a year ago, driven by strong...
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