Retail Banking
High salaries of top bank execs not good for Indonesian banking industry
High salaries of top bank execs not good for Indonesian banking industry
Indonesia’s bankers are the best paid in Asia while its banks are the most profitable in Southeast Asia.
Vijaya Bank hopeful of 18-20 per cent credit growth
Vijaya Bank hopes to achieve an 18 to 20 percent credit growth in the current financial year.
BJB posts Rp600B first half net profit
Bank BJB increased its net profit by 10.29 percent to Rp 600 billion or US$63.21 million the first half.
Shenzhen Development Bank now carrying Ping An Bank brand
The former Shenzhen Development Bank will now operate under the name Ping An Bank after it has been absorbed in a merger.
India's Federal Bank reports profit increase
Federal Bank has reported a net profit of Rs.190.35 crore for the first quarter ended June 30, 2012, against Rs.146.16 crore in the year-ago period...
Bank of India wants more retail, SME clients
Bank of India will increase its retail and SME business up to 50 percent of its total.
City Union Bank's first quarter net up by 26.3%
City Union Bank’s first quarter net profit increased by 26.3 per cent at Rs. 73.89 crore from Rs. 58.51 crore the previous year.
Philippines' Security Bank expands
Security Bank has expanded its branch network and has put up Security Bank Savings.
Woori Finance suffers 63% dip in Q2 net
Woori Finance suffered a 63.1 percent dip on its second-quarter earnings on higher loan-loss reserves and a falling profit margin.
Bank of East Asia profit jumps 10%
Bank of East Asia Ltd reported a net profit of HK$2.99 billion in the first-half.
Indonesia's Bank Mega doubles net profit to $96.35M
Bank Mega doubled its net profit to US$96.35 million or Rp 909 billion in the first half of 2012 from Rp 431 billion last year.
Southeast Asian banks to withstand external pressures: S&P
Standard and Poor's foresees most banks in Southeast Asia capable of withstanding external pressures but must brace for slower economic growth amid...
Thailand's KBank to provide consultancy to retail customers
Kasikornbank will get more involved in financial advisory banking to help retail customers.
Philippines’ BPI reports stellar first half results
The Philippines’ oldest and third largest bank by assets reported a 52% jump in net income during the first half.
Singapore's system loans inched up 1% in June
But Barclays reveals that system deposits were largely flat in June.
Are Thai banks complaining about higher funding costs?
Find out what analysts from Asian Development Bank has to say.