News

BIDV has approved the issuance of 400,000 bonds to raise $170.5m.

Earnings are poised to grow by 20% in FY18 and 9% in 2019.

The share of non-bank assets hit 20.3% from 14.5% in 2013.

CCB’s extra CET1 requirements fell to 1% from 1.5%.

Funding will also tighten as banks ramp up credit extensions.

And here's why Societe Generale is shelling out $1.4b.

This is above the prescribed tier 1 capital ratio of 8.5%.

Net interest income hit $890.79m.

It will regulate systemically important payment systems and focus on retail payment services.

There were insufficient safeguards in their offshore banking units.

Lenders will focus on domestic exposure to SMEs and households.

Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.

However, the downtrend is likely to stabilise soon.

And foreigners can now own up to 25% of Abu Dhabi Islamic bank.

Consumer loans outpaced industry average at 8.4%.

Its sister publication Singapore Business Review also nabbed the gold award for the business/professional media of the year in the Media Publishers Association (MPAS) Awards.