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But NPLs now comprise 3.7% of total loans.

On the back of rising credit card, fund, and wealth management fees.

Troubles from the oil & gas segment are not yet over.

This will push net interest income to grow 8%.

The strong loan growth contributed to its earnings.

Its wealth management and insurance operations were stellar performers.

Blame it on the 16% increase in provisioning expenses.

This brings the bank's profit to US$602m in the first half of 2017.

Analysts think receding fees would be the likely cause.

Only SMEs saw NPLs rose to 7.2% in Q2.

The new platform features a real-time asset monitor.

Credit cost is expected to remain elevated.

The service is available through PayNow.

This will come as bond yields ease.

One is the tax amnesty programme announced this year.

This was the fourth consecutive quarter of revenue growth year on year for Citi in Asia. Last Friday Citi globally reported 2Q results – with US$17.9bn of revenues and US$3.9bn of net income. Asia was a strong contributor to these results, with broad based growth and revenue of US$3.4bn up 4% year on year. A standout performer was Citi’s consumer bank in the region. Citi’s consumer business grew revenues by 4% during the quarter to US$1.8bn with profit up 9% year on year and 31% versus the previous quarter. Asia contributed nearly a third of all the profit generated by the bank’s consumer business in the second quarter.