News

Maybank ups Q4 profit by 16% on higher loans, fee income

Maybank ups Q4 profit by 16% on higher loans, fee income

Maybank reported a 16 percent rise in quarterly profit, bolstered by higher net loans, advances and fee income.

Indonesia to allow state lenders to own multiple banks

Indonesia may allow state banks to have majority ownership of more than one lender. 

AmBank Group's pre-tax profit up in Q3

The AmBank Group experienced a surge in pre- tax profit for the third quarter ended Dec 31, 2012 to to RM504.31 million.

India urges China to broaden banking ties

Its aim is to reduce financial barriers in order to create a more conducive environment for companies.

Philippines reviewing new liquidity management tool

The Philippines is eyeing a tool is that provides deposit and lending facilities and ensure sufficient money supply.

Philippines' UCPB posts 22% net income increase

UCPB registered a net income of P3.73 billion for 2012 boosted by its loan protfolio and  trading and securities earnings.

3 possible reasons why Malaysian banks are the laggards of the region

They have underperformed significantly vs their Asean peers.

Zeus Trojan returns to victimize Japanese banks

The Trojan that began stealing banking information in 2007 resurfaces in Japan.

Bank Danamon's CASA portion improves to 47% of total deposits

But growth wasn't fast enough that LDR reached 101%.

Impairment charges drops BNZ profit

Bank of New Zealand reports a 56% fall in first-quarter profit.

Loan growth in Malaysia to slow to 11% in 2013F

Rate of compression is likely to ease as well.

Chinese banks' deposits grew RMB1.11t in January

Find out what factors spurred the growth.