Retail Banking
ACB registers Q1 profit of VD900B
Asia Commercial Joint Stock Bank or ACB reported gaining a total pre-tax profit of 900 billion dong in the first quarter.
ACB registers Q1 profit of VD900B
Asia Commercial Joint Stock Bank or ACB reported gaining a total pre-tax profit of 900 billion dong in the first quarter.
Bank Syariah Mandiri 2010 earnings at Rp 418.5B
PT Bank Syariah Mandiri booked Rp 418.5 billion in net profits last year, a 43.8 per cent increase from the Rp 290.9 billion it earned in 2009.
China banks’ profit boom seen despite tightening
Earnings rise continue amid government moves to restrain 5.4% inflation in the second largest economy.
Decision over KEB buyout delayed till May
The South Korean financial regulator's decision over the eligibility of Lone Star Funds as the biggest shareholder of a local bank may get delayed...
TMB first quarter results reflect quality growth
TMB Bank Public Company Limited earned a net of THB1,096 million from the operations of the Bank and its subsidiaries during the first quarter of...
Bank Syariah Mandiri profit up 44% to $48.5mn
The lender said it gained more trust from customers since its third-party fund placement increased by 50%.
Bank Rakyat’s first quarter profit up 18.3% to $123mn
Growth in overall financing balance and excellent asset quality fueled the increased in profit.
South Korea regulator urges banks to support builders in trouble
Major banks have been blamed for magnifying builders' problems by refusing to roll over maturing loans or forcing them to repay their loans.
Maybank receives approval for notes programme
The programme also enables Maybank to issue notes, senior and/or subordinated notes in currencies other than ringgit.
RHB Bank targets expansion in Singapore and Indonesia
The lender to get more out of the impressive performance of its Singapore unit as its pre-tax profit there jumped by 49%.
Southern Bank eyes pretax profit of $28.7M
Southern Bank is targetting a pretax profit of $28.7 million this year, up 12.68% from a year earlier.
HDFC Bank's profit up 33% to $26mn
The bank’s board approves stock split as its beat market estimates behind surge in retail and corporate lending.
StanChart Vietnam reports 2010 revenues of $40.5M
Standard Chartered Bank Vietnam reported total revenues of $40.5 million and pretax profit of $4.2 million for 2010.
VPBank to raise capital to VND5.05T
VPBank approved a resolution to raise its chartered capital by VND1.05 trillion to VND5.05 trillion in 2011 financed from capital surplus and...
China banks introduces new products to defy loan curbs
Aside from challenging credit curbs, the wealth products are also a form of financial experimentation in China that lay the foundation for a...
AIA Group to form Malaysia subsidiary
AIA Bhd is part of the group’s strategy on organic growth in Asia.
People's Bank of China pulls out $12.7bn from money market
China’s central bank had already hiked banks' reserve requirement ratio thrice as it steps up drive to tighten excess liquidity amid concerns about...
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