Retail Banking

EON Capital first quarter pre-tax profit up 25.3% to $55.05mn

The earnings growth was fuelled by higher net interest income, Islamic banking earnings and non-interest income.

EON Capital first quarter pre-tax profit up 25.3% to $55.05mn

The earnings growth was fuelled by higher net interest income, Islamic banking earnings and non-interest income.

Julius Baer targets entry in India private banking

The Swiss lender is serious in its expansion in the country despite being a crowded market in serving millionaires.

Maybank nine months profit up 13.4% to $1.1bn

The company’s positive result boosted by Maybank Islamic which saw pre-tax profit rising 64.1% to $210.28mn.

Aozora Bank quadruples group net profit

Aozora Bank achieved an annual consolidated business profit of 37bn yen, up 10.5% or 3.5bn yen year-on-year.

Namvietbank quadruples Q1 rise in profit

With over 60 billion dong profit in the first quarter of this year, Namvietbank-NVB fulfilled 22 per cent of the year's plan.

Techcombank to jointly provide service with Wells Fargo Bank

Techcombank and Wells Fargo Bank signed an MoU to jointly provide banking and financial services for corporate customers of each other in Vietnam and...

VietABank issues short-term CDs in gold and dong

VietABank issued short-term certificates of deposit in gold and dong for terms of 1-11 months.

Hana Bank eyes Vietnam prospects

Kim Jeong-tae, Hana Bank president, expressed his interest in launching operations in Vietnam and he met with senior Vietnamese financial officials.

Sacombank's Laos branch changes operation model

Sacombank is pondering about changing the operation method for its branch in Laos.

KDIC set to sell 7 ailing savings banks

Korea Deposit Insurance Corp. plans to begin the bidding process for seven suspended savings banks this week as part of efforts to restructure the...

KEB Q1 earnings down 46.4%

Korea Exchange Bank's first-quarter earnings plunged 46.4 percent from a year earlier due to one-off costs and increased loan-loss reserves.

Moody's upgrades EON Bank

Moody's  upgraded EON Bank Bhd's foreign currency long-term/short-term deposit ratings to A3/P-1 from Baa2/P-3.

Bank of China taps Cambodian market

Bank of China started operating its Phnom Penh Branch, making it the first lender from China in Cambodia. It also became the Kingdom's 30th...

Bangkok Bank reports first quarter net profit of Baht 6.6 B

Bangkok Bank has recorded a consolidated net profit for the first quarter of 2011 of Baht 6.6 billion.

Krung Thai Bank net profit up 79%

Krung Thai Bank's profits in the first quarter of 2011 is up 79% to 5,489 million baht.

VietinBank intensifies team up with Italy’s largest bank

VietinBank signed a deal for increased cooperation with UniCredit S.p.A., the biggest bank in Italy.

Vietcombank joins Italian group in supporting corporate clients

Italian banking group Intesa Sanpaolo and Vietcombank have signed a mutual agreement aimed at supporting corporate clients in developing...