Retail Banking

Lien Viet Bank now known as Lien Viet Post Bank following merger

Vietnam's central bank allowed Lien Viet Bank to change its name to Lien Viet Post Joint-Stock Commercial Bank after joining forces with Vietnam Post...

Lien Viet Bank now known as Lien Viet Post Bank following merger

Vietnam's central bank allowed Lien Viet Bank to change its name to Lien Viet Post Joint-Stock Commercial Bank after joining forces with Vietnam Post...

J&K Bank posts Rs 182 crore quarterly profit

The Jammu and Kashmir Bank posted a net profit of Rs.182 crore of Rs.1,820 million for the first quarter of this fiscal ending June 30.

IDBI Banks' Q1 net profit up 33.61 percent

 IDBI Bank reported a net profit of Rs.3,351 million for the quarter ended June 30, 201. 

Punjab National Bank quarterly net profit up 3.46%

Punjab National Bank posted a net profit of Rs.1,105 crore for the quarter ended June 30.

UCO Bank Q1 net profit up 12.42 percent

UCO Bank reported a net profit of Rs.292 cror for April to June, representing a 12.42 % year-on-year growth, according to Yahoo News.

Mega Financial mulls Southeast Asia expansion

The lender has added capital of its HCM City branch by US$75mn, contributing about 25% of total income from all overseas branches.

BPI first half profit up 12% to $146.81mn

Yet operating costs surged 11%, with half of the increase coming from higher manpower costs due to a new agreement with the bank's labor union.

Is Linked-In the future of banks in China?

Numerous articles have explored the usage of social media and marketing in the financial industry. Although our feeling is that no institution has...

Chinese banks pursue full bank licenses in Singapore

Chinese officials urged Singapore to consider issuing Qualifying Full Bank licenses to the Singapore branches of two Chinese banks, the Bank of China...

Malaysian banks to focus on non-interest income

Non-interest income business for the country's eight anchor banks seen to be about $5.91bn this year .

Maybank remains uninterested in RHB deal

RHB said a potential merger with Maybank or other lenders could be considered if valuations are right.

KB Financial returns to green in a huge turnaround

Main focus is to boost non-banking divisions as the South Korean banking market faces saturation.

Bank Rakyat Indonesia first half profit up 57%

Increase in soaring net interest income, growing fee-based income and recovery in bad loans fuelled the profit rise.

HSBC posts $6.8B first half pre-tax profit in Asia

HSBC's businesses in Asia delivered profits before tax on a reported basis of US$ 6.8 billion in the first half of 2011.

CIMB penetrates Indian Market

CIMB Group has entered into the Indian market with the opening of its Mumbai office.

Woori Finance returns to profit in 2nd quarter

 Woori Finance returned to profit in the second quarter on a sharp rise in non-interest income.

ICICI first quarter profit surges 30% to $301mn

Dip in bad loans and surge in interest income ushered the profit increase.