Retail Banking
Vietnam's ACB posts $35M net in Q1 2012
Vietnam's ACB posts $35M net in Q1 2012
ACB reported a net interest income of 1.651 trillion dong in the first quarter of 2012, increasing by 29 percent over the same period last year.
Sri Lanka's Seylan Bank ups Q1 net profit by 59%
Seylan Bank reported a net profit-after-tax of Rs. 406.8 million or US$3.129 million in Q1 of 2012.
East-West bank in successful IPO
The first Philippine bank to IPO in eight years sees its shares oversubscribed by more than three times.
Bank Mandiri to offer renminbi financing
Bank Mandiri expects to provide renminbi financing services to Mainland clients within three years.
ICBC ups net profit by 14% in Q1
ICBC's net profit rose 14 percent year on year to 61.34 billion yuan or US$ 9.77 billion in the first quarter of 2012.
Philippine Savings Bank doubles net profit to $12.9M
Philippine Savings Bank reported a net income to US$12.9 million in the first quarter of 2012.
CIMB Niaga's net profit surges 29% in 1Q12
Thanks to its operating income which rose 30% to Rp3.17 trillion.
Habubank announces plan to merge with SHB
Habubank announced its draft plan to merge with the SHB.
DBS, UOB, OCBC have high-quality capital base: Fitch
Thanks to the banks’ high capital standards, close regulatory supervision and strong funding franchises.
Public Bank Q1 pre-tax profit up 6.2%
Public Bank's first quarter pre-tax profit increased by 6.2 percent to RM1.245 billion from RM1.173 billion from the previous quarter.
Japanese banks' net profits soared in 2011
Looks like Japan's banking sector managed to thrive in the midst of disasters.
Tougher banking rules boost banking safety in China
Rating agency Standard & Poor’s applauds China’s amended reserve regulations.
Bank Pembangunan's pre-tax profit up 23%
Bank Pembangunan posted a pre-tax profit of RM618 million for the financial year ended Dec 31, 2011.
HDFC Bank exceeds expectations with Q4 profit of $282M
HDFC Bank exceeded analysts' expectations with a 30.3 percent rise in fourth-quarter net profit of US$282 million or Rs 1453.
Is forcing bank mergers the solution to Vietnam's credit crisis?
BBVA warns weak banks should first be recapitalized by the government before being merged.
Palm reading ATMs to debut in Japan
A new technology literally places the security of your deposits in the palm of your hand.
Temasek ups investment in Chinese banking industry
Singapore’s sovereign wealth fund casts a huge vote of confidence in China’s economy.
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