Retail Banking
Hong Leong-EON merger produces Malaysia's fourth largest
Hong Leong Bank Bhd has acquired EON Capital Bhd's assets and liabilities for RM5.06 billion.
Hong Leong-EON merger produces Malaysia's fourth largest
Hong Leong Bank Bhd has acquired EON Capital Bhd's assets and liabilities for RM5.06 billion.
Cathay Bank's Chu Lai branch to raise chartered capital
Cathay United Bank's Chu Lai branch may hike its chartered capital after The State Bank of Vietnam governor Nguyen Van Giau approved the application...
Westpac first half profit up 7% to $3.43bn
Decrease in debts and boost in lending to position the lender in delivering solid results until the second half.
BPI first quarter profit up 4.5% to $65mn
Despite relatively low interest rate environment, the lender was able to surpass last year’s $62.67mn profit.
KDB’s IPO may be deferred after 2011
Delay may cause serious blow to South Korea’s privatisation efforts as the fundraising strategy could provide bumper profits to the government.
ANZ Bank half year profit up 38% to $2.9bn
The result failed to beat analysts’ forecasts despite Australia’s resilience amid global economic downturn.
OCBC Malaysia inaugurates estate planning insurance product
Premier Heritage policyholders to earn minimum interest of 2.5% per annum upon maturity when the bearer reached hundred years old.
China banks pursuing to meet capital and loan requirements
Some banks resort top paying commissions to agents to help attract short-term deposits before the end of each month to evade the regulation.
ING mulls selling Australia online banking unit
StanChart is among the lenders in talks with ING for the 12-year-old ING Direct unit with estimated value of $6.5bn.
Banco de Oro earnings up by 18%
Banco de Oro reported that its earnings for the January to March period grew by 18 per cent.
ICICI Bank first quarter profit up 44% to $326mn
Despite rising interest rates in India, the bank’s 2011 credit growth is estimated to be 20%.
DBS first quarter profit up 52% to $655mn
Despite economic uncertainties, the bank believes that its efforts to strengthen its Asian operation will continue to bear fruit.
Bank Mandiri first quarter profit up 89% to $444.45mn
Analysts estimate the bank’s 2011 profit to rise 28% to $1.38bn following gain from the stake sale in Garuda Indonesia's IPO.
Allahabad Bank's net profit increases by 14.74%
Allahabad Bank's net profit increased to Rs.258 crore for the quarter ended March 2011 as against Rs.225 crore in the corresponding quarter last year...
LienVietBank's new branch offers credit for agriculture
LienVietBank, has opened a branch in Vung Tau City and is offering a credit line of VND300 billion to develop agriculture and rural areas in the...
SaigonBank expects new plan to bring VD350B profit
SaigonBank has approved the 2011 business plan in the annual general meeting with targeted pre-tax profit of 350 billion dong and dividend payment of...
RHB shortlists bidders of 25% stake to 6
Sources said Chinese suitors not keen on buying the Abu Dhabi Commercial Bank's block in the company.
Thought Leadership Centre
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
The bank’s digital solutions are winning over younger generations with 3.
Partner Sites
Thought Leadership Centre
In Association with