News
China Construction Bank's sluggish net fee income fell by 2% in 3Q12
China Construction Bank's sluggish net fee income fell by 2% in 3Q12
But CCB's net profit increased 12% to RMB51.9bn.
Minsheng Bank's MSE loan growth rebounds by RMB29.9bn
The momentum is expected to continue into 4Q12.
Agricultural Bank of China ups net profit by 19.2%
A net profit of US$19.06 billion.
Korea's KB Financial net falls 29.2% in Q3
Net profit down by 29.2 percent. For that decline, KB Financial Group is blaming squeezed profit margins and higher loan-loss reserves.
Analyst worried over BOCHK's unsustainable trading income-driven revenue
But pre-provision operating profit rose by 5% to HKD18.9b in the first nine months of 2012.
Bank of China's net profit up 10% to CNY106.4b in 9M12
But profit in 3Q12 was flat at CNY34.8b.
OCBC to suffer from rising earnings headwinds
Higher-yielding unsecured personal lending will not be enough to offset higher funding costs.
DBP selling Al-Amanah Islamic bank
The Development Bank of the Philippines has received government approval to sell its 99.88% stake in the Philippines’ only Islamic bank.
Thai credit card firms want more money
Milk them dry.
UOB set to grow in Malaysia, Thailand, Indonesia
But the bank may suffer from currency translation losses.
DBS' acquisition of Bank Danamon bound for integration risks
Find out what other risks loom for DBS.
Singapore banks' deposit market share under threat from foreign banks
They have already increased fixed deposit rates at ~1%.
Singapore banks get the jitters from these 2 threats
Net interest gains are under pressure.
Strong Singapore dollar thwarts Singapore's RMB plans
Singapore’s strengthening dollar is preventing the city-state from becoming an alternative to Hong Kong for renminbi deposits.
Chinese banks financing more foreign trade
Outstanding trade financing between banks and China’s exporters and importers amounted to US$469 billion in September, 34% higher year-on-year.
Korea Eximbank CEO aspires for global advancement
CEO Kim Yong-hwan aims is to transform Korea Eximbank from an export finance provider into a true global investment power.
Standard Chartered's credit quality triggers worries for its wholesale business
Blame it on a sharp pick-up in NPLs and impairments in 1H12.
Commentary
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’
Why APAC banks must rethink their approach to the cost reduction challenge