News
PNB Group backs Malaysian govt push for Islamic finance
PNB Group backs Malaysian govt push for Islamic finance
Investee companies under PNB are leading support for Malaysia's efforts at promoting Islamic finance.
Malaysia's Public Bank posts record 2012 pre-tax profit
Public Bank's pre-tax profit rose to RM5.104 billion in 2012 from RM4.878 billion in 2011.
You won't believe how much retail banks will splurge on IT in 2013
IT spending will hit a massive US$118.6b.
OCBC, UOB, DBS had the highest market share gains in the past 9 years
Followed by Korean and Indian large banks.
DBS S$760m 4Q12 income disappoints peers
They were expecting S$788m gains.
China Big Four’s new loans up from year earlier
Top state-owned banks extend more loans in January.
Foreign banks in Shanghai post record profits
Total profits climb to US$2 billion in 2012.
Indonesia's BCA cuts loan growth forecast
Indonesia's slowing economy caused BCA to be less optimistic with its loan growth.
S. Korea banks reduce bad loans
Efforts of South Korean banks to clean up bad loans are paying off.
CIMB surprisingly expects 15% loan growth for FY13
Find out what else to expect from CIMB this year.
Security Bank net profit up 12% to PHP7.5b in 2012
But 4Q12 earnings fell 53% to PHP1.3b.
Reasons why DBS can't be knocked off top spot
Return on equity is pegged at 11.2%.
3 key trends in Indian banks' loan growth
It's likely to range around 13-14% in FY13.
Kiatnakin Bank's FY13F net profit expected to grow 45%
And fee income growth is seen to reach 24.6%.
Check out what's changed since CIMB appointed Renzo Viegas as consumer division head
4 units were merged and duplication of back-end processes were removed.
More Indian banks open full branches in China
Union Bank of India is the latest to apply for permission to upgrade a representative office.
Westpac eyes to expand in Asia
Australia’s second largest bank’s major play for Bank of East Asia underscores expansionist leanings.
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