News
Thai banks post Bt173-B net profit in 2012
Thai banks post Bt173-B net profit in 2012
Thai commercial banks increased their combined net income by 21 percent to Bt173 billion in 2012.
KB Financial Q4 net dips 2.42% on falling margins
Weaker profit margins and interest income pulled KB Financial's fourth-quarter earnings down from a year ago.
Shinhan's Q4 net earnings dip 17.1%
Shinhan Financial's weaker fourth quarter came as it suffered losses in its NIM, mainly from derivatives investment.
DBS' restructuring in Hong Kong pays off
Net profit increased 25%.
Bank of America Merrill Lynch launches CashPro Accelerate reporting solution
It's now available in 12 markets across Asia Pacific.
Japanese mega banks' overseas loans book to grow 10%-20% per annum
But Fitch warns it will be a 'selective' growth.
Standard Chartered Taiwan completes nearly RMB6b worth of RMB transactions
That's only a day after domestic banks became eligible to offer RMB-related services.
More Chinese fall victim to banks’ Ponzi-type products
Wealth management products used to deceive investors.
Thai banks prodded to expand overseas
Should target ASEAN countries for M&As or joint ventures.
Taiwan will soon issue first Chinese renminbi bonds
Taiwan will be the second location after Hong Kong to sell renminbi-denominated bonds.
Korea Eximbank to boost project, SME financing
Eximbank will provide project financing worth 21 trillion won ($19 billion) this year, up from 19 trillion won last year.
PNB Group backs Malaysian govt push for Islamic finance
Investee companies under PNB are leading support for Malaysia's efforts at promoting Islamic finance.
Malaysia's Public Bank posts record 2012 pre-tax profit
Public Bank's pre-tax profit rose to RM5.104 billion in 2012 from RM4.878 billion in 2011.
You won't believe how much retail banks will splurge on IT in 2013
IT spending will hit a massive US$118.6b.
OCBC, UOB, DBS had the highest market share gains in the past 9 years
Followed by Korean and Indian large banks.
DBS S$760m 4Q12 income disappoints peers
They were expecting S$788m gains.
China Big Four’s new loans up from year earlier
Top state-owned banks extend more loans in January.
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