Retail Banking
Bank of Ceylon Q1 net up 163%
Bank of Ceylon's March 2011 quarter net profit shot up 163.1 percent to almost 2.2 billion rupees from a year ago.
Bank of Ceylon Q1 net up 163%
Bank of Ceylon's March 2011 quarter net profit shot up 163.1 percent to almost 2.2 billion rupees from a year ago.
NDB March net up 102%
Sri Lanka's National Development Bank group's net profit for the first quarter doubled to 605 million rupees from a year ago.
GRG Banking, experts discuss the new era of Vietnamese Banking
Experts from six different nations gathered in Saigon Opera House last 13 May.
Affin Bank slashes down target for 2nd OMG Campaign to $653.5mn
The campaign’s was able to receive 9.7mn entries and garnered in excess of $392.1mn retail deposits growth. Affin Bank Bhd is targeting less than RM2...
ICICI Bank issues $1bn international bond in Dubai
The bond offering had an order book of US$2.7bn with interest from more than 220 investors.
ANZ expands Asia presence via deal with China Eximbank
The pact enables ANZ to provide China Eximbank with finance facilities, offshore yuan bonds and other resources.
Chinatrust mulls buying financial companies in Asia
Part of the lender’s M&A scheme is to set up subsidiaries in China or buy stakes in local banks.
Bank Mandiri to allocate 1/3 of profits for dividends
Bank Mandiri will allocate 35 percent of its net profits for dividends, amid dividend cuts by other state-run lenders.
Bangkok Bank's 15-month fixed deposit offered with 3% interest
Bangkok Bank has introduced a special 15-month fixed deposit account offering an interest rate of 3.00 percent per annum, paying interest at the end...
ABBank gains VND189B in Jan-April
ABBank estimated to reach accumulative pre-tax profit of 189 billion dong and total asset value of 34.969 trillion dong by end of April.
ING Bank to open representative office in Hanoi
The State Bank of Vietnam has allowed the ING Bank N.V. of the Netherlands to open a Representative Office in Hanoi. To be called the ING Bank N.V. –...
NAB issues $796.5mn residential mortgage securitisation
The issue is backed by 3,976 residential mortgage loans by an NAB unit.
State Bank of India fourth quarter profit down 99%
The huge drop resulted from tax expenses and provisions, which surged as it ended “teaser loan” program that charged borrowers below-market rates in...
Union Bank goes into mutual fund business
The lender joined forces with Belgium’s KBC Asset Management to form Union KBC Asset Management Company amidst crowded mutual fund market.
EON to distribute $593.9mn balance cash proceeds among shareholders
The group announced a dividend of $1.71 per share that constitutes the first tranche of the total cash proceeds.
CIMB not keen on RHB stake
The lender plans to engage in M&A moves outside Malaysia but within the fast-growing Southeast Asia region.
Hana, Lone Star mulls KEB deal deadline extension
A source said both parties were positive on extending what may be the largest banking deal in Korea.
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