Retail Banking
Banco de Oro posts record profit
Banco de Oro posts record profit
The Philippines’ largest bank in assets, loans and deposits reports record performance metrics for 2011.
Off items pull down Hong Leong Group's profit before tax by 34.4%
Hong Leong Financial Group's profit before tax decreased 34.4% to157.8 million for the first fiscal half-year ended 31 December 2011.
HSBC confident of strong growth in 2012-2013
Year 1 in a three-year strategy that should eventually see HSBC become the world’s leading international bank seems to have gotten off to a galloping...
CIMB's net profit up 15.1% to US$1.3b in 2011
For 4Q11 alone, the Group’s net profit of US$374 million was 12% higher than 3Q11.
Hana Financial taps Hana Bank CEO as its new chairman
Hana Financial Group has selected the head of its flagship lender to become the new chairman.
Asian growth pushes HSBC profits to $22B
HSBC made a $21.9 billion profit last year, the largest among western banks, as its strength in Asia helped it cope with a euro zone debt crisis.
Government limitations to provide liquidity for AsiaPac banks
Floating exchange rate regimes in Asia Pacific countries give governments flexibility to provide liquidity support to the banks, but not in Hong Kong...
BofA ramps up China expansion
America’s second largest bank wants to be among the Big Boys in China’s banking industry.
CIMB Niaga goes mobile
Mobile banking has come to Indonesia’s fifth largest bank and its third largest mortgage provider.
CIMB appoints Hatao non-independent non-exec director
The CIMB Group has appointed Katsumi Hatao as its non-independent non-executive director.
Maybank pre-tax profit up in first 6 months
Maybank posted RM3.563 billion or US$1.18 billion in pre-tax profit in the first six months ended Dec 31, 2011.
Asian banks to be mired in FATCA’s worrisome regulations
Asian banks will have to brace for financial concerns, operational burden, and data privacy dilemmas brought about by FATCA - but these are not the...
India wants far stronger banks
The tough liquidity ratios that allowed India’s banking system to withstand the worst of The Great Recession will get even tougher.
Permata Bank posts stellar income
Bank Permata reported an increase in profit last year as loan demand by Indonesian consumers and corporations rose and the economy grew.
CIMB Niaga boss sees bankers profiting in Indonesia's golden years
CIMB Niaga's president director Arwin Rasyid says Indonesia is in its “golden years” and lenders will benefit.
Perilous situation: More bad loans face Chinese banks
The souring Chinese economy continues to dent the bottom line of Chinese banks.
Graph of the Week: Higher credit costs to hit Hong Kong in 2012
Blame it on lower global economic activity, weakening domestic property markets, and higher inflation.
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