News

DBS' net profit down 5% to $1.2b in Q1

Blame it on a one-off item last year.

OCBC’s Q1 profits drop 14% to $856m

Blame it on lower insurance, increased allowances.

UOB’s earnings slip 4.4% to $766m in Q1

No thanks to weak fee income, losses from associates.

This chart shows Chinese banks' rising NPL ratios

Ratios for 10 banks increased to 1.66% at end-2015.

Indonesian banks' profit growth could suffer for up to two years

Blame it on low interest rates in the financial sector.

Outlook remains bleak for Bank Danamon despite 17% profit growth in 1Q16

Declining TD rates could be a drag on further deposit raising.