Retail Banking
Standard Chartered HK to increase mortgage interest rate
Standard Chartered HK to increase mortgage interest rate
The changes will take effect today, 21 November 2011 - but how much will the increase be?
Malaysian banks hail central bank financing guidelines
The Association of Banks in Malaysia hailed Bank Negara's Guidelines on Responsible Financing.
Metrobank nine month profit up 47.6% to $205.08mn
The lender's performance brought the bank’s annualized return on equity to 12.3%.
Maybank's first quarter profit up 25% to $409.4mn
Yet the lender is still cautious of weakening global economic conditions which could signal rough times ahead.
PSBank nine month profit up 1% to $35.72mn
The lender's loans and investments interest revenue soared to $19.15mn, offsetting a decline of $19.15mn in trading income.
OCBC Bank invests $20m in Singapore
56 OCBC branches will now have a new account opening system.
CIMB Group’s net profit reaches RM1b in 3Q11
This is 10.5% above its 3Q10 net profit of RM916 million.
Mitsubishi UFJ raises full-year profit target by 50%
The Japanese bank's gain from conversion of shares in Morgan Stanley drove the profit target increase.
Japanese megabanks' net profits better than expected
The net profits of Sumitomo Mitsui Financial Group Inc. and Mitsubishi UFJ Financial Group Inc. from April to September came in better than initial...
HDbank gets under 10% credit growth in 2012
The State bank of Vietnam assigned a credit growth cap of 10% for the HDBank in 2012 as the lender violated regulation on interest cap.
TienPhong Bank posts net profit of VND79B
TienPhongBank posted a net profit of VND79.07 billion or $3.77 million in the third quarter of this year, rising 50% from a year earlier.
Nepal's Nations Trust Bank post-tax profits up 38%
The Nations Trust Bank reported post-tax profits of Rs 1,170 million for the first 9 months of the year, up 38% over the corresponding period in 2010...
ANZ targets ‘pretty aggressive’ growth in China: Chairman
Encouraged by a revenue jump of 80 percent in its last fiscal year, ANZ is targeting “pretty aggressive” growth in China.
You won’t believe how depressing employment in Asian banks can get
It's pretty grim for bank employees looking for a job.
Institute of International Finance elects DBS CEO Piyush Gupta as board member
This is the first time a Singapore-headquartered bank gets represented in IIF.
Ex-Citigroup Indonesia manager steals $5m
Inong Malinda Dee faces five to 20 years imprisonment if convicted.
Ruling fails to cast out doubt on Hana-KEB merger
FSC is probed on whether it neglected the duty of probing Lone Star’s shareholder eligibility.