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RHB Cap first quarter profit up 9.3% to $126.1mn
RHB Cap first quarter profit up 9.3% to $126.1mn
Improvement on net interest income, other operating income, income from Islamic banking business and lower allowance for impairment on loans drove the profit rise.
Fubon first quarter profit up 71% to US$354.9mn
The lender posted a return on asset of 1.18% and return on equity of 18.75%.
Hatton National Bank uses green concept in new building
Hatton National Bank will open Sri Lanka's country’s first green bank branch in Nittambuwa on June 2.
Vietcombank extends online payment services to Korea Life
Vietcombank officially offered the financial services on VCB-iB@nking with Korea Life Insurance Co Ltd.
VietinBank to join toll collection at Tan Son Nhat Airport
Vietinbank signed a cooperation contract to jointly launch automatic toll collection service at non-stop toll station at Tan Son Nhat Airport, HCM City.
Krungthai Bank launches new internet service
Krungthai Bank rolled out an innovative Internet-based banking service under the name KTB netbank.
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 of the deposit period.
Alliance Bank expects 30 % from non-interest income
Alliance Bank Malaysia Bhd expects 30 per cent of its total revenue to come from its non-interest income segment in the next three to five years.
HDBank, VietinBank to jointly launch Mastercard international credit card
VietinBank-CTG signed an agreement with HDBank to jointly launch Mastercard international credit card.
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. – Hanoi Representative Office, it will have an operational duration of five years.
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 the initial years.
Deutsche Bank's China JV hires CCB’s Jiang Peixing
Jiang is expected to help manage Deutsche Bank’s venture with Shanxi Securities Co.
Metrobank first quarter profit up 21% to $71.77mn
The lender looks forward to a 12% loan growth this year as it focus on its consumer lending business.
DBS has new Taiwan headquarters
DBS Bank inaugurated its new Taiwan headquarters at Shin Kong Xinyi Financial Center at the heart of Taipei’s financial district.
Maybank satisfies pre-condition for Lim Eng acquisition
Maybankcwill make a mandatory unconditional cash offer to acquire all the ordinary shares of Kim Eng Holdings Limited at a price of S$3.10 per share.
Ho Chi Minh experience drop in remittances
Inward remittances through commercial banks in HCM City dipped by 19.6 percent against March to 367.6 million USD in April due to economic turmoil and the return of many Vietnamese workers from countries facing political instability.