Retail Banking
Standard Chartered appoints Deniz Güven as global head, design and client experience
Standard Chartered appoints Deniz Güven as global head, design and client experience
Standard Chartered announced that Deniz Güven will join their Retail Banking team taking on the role of Global Head, Design and Client Experience...
China Construction Bank's deposits up 5.4% to US$2.3t in Q1
Loans also rose 3.5% in the same quarter.
CIMB Niaga's loan growth expected to hit 5% in FY17
It only grew 2.9% in Q1.
OCBC NISP's net profit up 23% to US$42m in Q1
Total assets grew 21% to US$10.8b.
DBS' net profit up 1% to US$860m in Q1
Net fee income increased 16% to US$476m.
Indonesian banks play catch-up as fintech firms gain traction
Indonesia has been witnessing a vibrant fintech marketplace with more brands rising in popularity.
Why Q1 was only the beginning of a 'divergence' in China's banking sector
Weak franchise banks greatly underperformed during the quarter.
Malaysian banks' system deposits up 0.8% to US$3.2b in March
CASA expanded at a faster rate of 8.3%.
Bank Mandiri's net profit up 7% to US$307m in 1Q17
Loans grew a healthy 14% yoy.
Axis Bank's earnings slump 43% to US$190m in Q1
No thanks to higher NPL provisioning.
CIMB Niaga's Q1 net profit surges 138% to US$48m
The bank is expected to contribute 18% of CIMB Group’s FY17 earnings.
UOB's net profit up 5.4% to US$578m in Q1
And NPL was stable at 1.5%.
Hang Seng Bank appoints Margaret W H Kwan as executive director
According to a release, Mr Patrick K W Chan will resign as Executive Director of Hang Seng Bank and will cease to be Head of Greater China of the Bank...
Bank Rakyat Indonesia to increase micro loans from 49% of its total portfolio
The bank's new CEO disclosed some of his strategies for the bank.
OCBC's Q1 net profit expected to decline 4% to around US$586m
Provisions will remain high for the same O&G accounts.
UOB's ROE to outperform peers in 1Q17: analyst
But core net profit is seen to grow only 3%.
Singapore banks' loan growth to be 'relatively subdued'
That is despite a slight recovery in February.
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