Retail Banking
BEA first half profit up 29% to $345.74mn
The bank’s profit was better-than-expected estimate of $266.5mn by analysts.
BEA first half profit up 29% to $345.74mn
The bank’s profit was better-than-expected estimate of $266.5mn by analysts.
ICBC takes over Standard Bank Argentina
The $600mn transaction aims to strengthen the lender’s business network across Latin America and enhance our operating capability in the Americas.
HDFC Bank targets setting up branches in remote areas
The lender plans to open 147 branches in remote areas such as Kashmir, North East and Rajasthan.
Citibank India beefs up global markets team with new hires
The lender is committed to top Global Markets operations in India through appointment of several senior executives.
State Bank of India seen to raise $5.09bn via rights issue
The lender targets $3.1bn if the government retains its 59% stake, $2bn for 51% and $2.43bn for 55%.
Sampath Bank profit up 53% to $17.31mn
Yet the lender’s net interest margin slid to 4.11% which sliced down a substantial amount of net interest income.
BoCom appointed to handle US$3.1bn dim sum bond issue
China Ministry of Finance to sell the bonds to institutional investors on Aug 17.
China Merchants Bank increase 1st half profits by 40%
China Merchants Bank's first-half profits increased 40.12 percent year-on-year to 18.5 billion yuan or US$2.87 billion.
Affin cancels plan to buy Bank Ina Perdana
Concern on Indonesia central bank’s latest policy prompted the Malaysian lender to halt the bid.
12 Taiwanese domestic banks eye $333.33mn profit
Only six local lenders made it to the NT$10 billion (US$333.33mn) club last year.
CIMB targets 30% surge in BdC currency exchange business operations
In collaboration with Malaysian travel agent, a new service is eyed to provide boost in its BdC operations.
Malaysia central bank’s foreign reserves up $800mn
Figure enough to fund 9.6 months of retained imports and was 4.5 times the short-term external debt.
State Bank of India names 2 new directors
Officer of Ministry of Finance and deputy governor of Reserve Bank of India has been appointed as directors.
Stanchart makes 97% compliance on 8-minute service pledge
More than 97% of Standard Chartered Bank customers in Vietnam were served within less than eight minutes since the initiative was implemented in July...
BS Financial's H1 net reaches 225.8B won
BS Financial Group Inc., the holding company of regional lender Busan Bank, said Monday its net profit came to 225.8 billion won in the first half of...
HSBC appoints Paul Arrowsmith as Head of Retail Banking and Wealth Management
He will be reporting to Alex Hungate, General Group Manager and CEO in Singapore.
Kyungeun Savings Bank suspended for six months
South Korea's Financial Services Commission suspended the operation of a local savings bank for six months, citing its capital shortage, according to...
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