News

CBA's cash net profit after tax up 10% to $7.81b

That's for the financial year ended 30 June 2013.

Mizuho makes bid for Indonesia’s PaninBank

Will buy ANZ’s 39.2% stake in the Indonesian bank.

China encourages opening of more private banks

Needed to support cash-starved small firms.

BEA's impaired loan ratio climbs to 0.38%

Due to credit quality deterioration outside Hong Kong.

HSBC's credit quality better than initially expected

Find out what's to blame for the weaker performance.

China to get tougher on foreign banks

But will go easier on local lenders.

NAB primed for second growth phase

Consumer banking business showing good momentum.

Bad loans hurt SBI’s profit

Fiscal year 2014 won’t be good for SBI.

Is China preparing to bail out troubled banks?

Will permit banks to sell-off loans to more investors.