Retail Banking
Bank Central Asia profit up 8% to $791.09m in H1
Bank Central Asia profit up 8% to $791.09m in H1
Earnings were boosted by higher interest income and lower interest expense.
Chinese banking assets up 7.1% to $37t in June
The country is home to the world’s largest banks.
YES Bank Q1 loan growth doubles by 53% while state counterparts flounder
Retail and business lending ballooned by 56%.
HDFC loan growth beat industry average at 22% in Q1
Personal, credit card, two-wheeler and business lending performed strongly.
China moves to cut capital requirements to ease bank lending
Parameters for macroprudential assessments may be lowered.
SingHealth breach lays bare Singapore banks' cybersecurity risk
Digital info depository MyInfo remains a key target.
Krung Thai Bank profit balloons 140% to $230.26m in Q2
A sharp decline in provisions, which fell by half, buoyed earnings.
Korea moves to ease banks' overseas expansion
Firms with questions about foreign expansion can soon reach out to the FSS.
Private Taiwanese players beat state counterparts in banking competitiveness
CTBC Bank topped the list.
TMB Bank profit down 13% to $60.07m in Q2
Lending to SME weakened amidst an economic slowdown.
OCBC Q2 loan growth to hit 10% as Indonesian and Chinese arms outperform
Banking fees are also expected to rise 13.8%.
Australian banks rank lowest in global Q3 earnings outlook: UBS
The housing downturn is expected to weigh in on profitability.
Saudi Arabia's National Commercial Bank profit up 6.7% to $688m in Q1
Higher fees and commissions buoyed quarterly earnings.
Weekly Global News Wrap Up: UBS profit hits $1.3b; Barclays eyes India return
And Italy's Banca Carige is under investigation for market rigging.
Singapore banks urged to tighten verification processes after SingHealth attack
Financial institutions are discouraged from relying on the stolen information for customer verification.
Vietnamese banks grapple with $9b capital crunch as lending outpaces capital generation
Tier 1 Capital ratio could fall from 9.4% to 8% by 2019.
Thai banks weather digital fee waiver after profits climb 21% to $963m in Q2
Krung Thai Bank’s net profit more than doubled to $230.08m.
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