News

Metrobank eyes 20 China branches in 5 years

The Philippine's Metrobank plans to have 20 branches in China within five years.

Metrobank eyes 20 China branches in 5 years

The Philippine's Metrobank plans to have 20 branches in China within five years.

Bank Of Nanjing forecasts 50% 2010 net increase

Bank of Nanjing forecasts that 2010 net profit attributable to shareholders may grow 50 percent year-on-year.

Bangkok Bank reports 2010 net of $808M

Bangkok Bank and its subsidiary companies have reported a net profit of US$808 million for 2010, 19.9 percent higher than in 2009.

Siam Commercial fourth quarter profit up 26%

Thailand economic growth seen to boost the bank's loan demand in 2011.

China's "Big 4" to lend $110B in Q1

Chinese regulators have ordered the nation's four biggest banks to cap their combined new loans in the first quarter at US$110 billion.

BoCom to raise $758mn for renminbi investment fund

The bank’s BoCom International Holdings (Shanghai) Co. will manage the fund that will further diversify its business.

China banks to issue subordinated bonds on financing pressure

Bank of Beijing, China Minsheng, Agricultural Bank of China (ABC) and the Industrial Bank issued bonds to supplement capital adequacy ratio.

Bank of East Asia starts offering derivative warrants

The lender committed to launching new investment products to keep pace with market developments and to enhance non-interest income.

Westpac’s CEO set to testify at senate competition inquiry

Gail Kelly is expected to follow her rivals to argue that Australian retail banking competition is strong.

Moody's raises FC deposit ratings of Indonesian banks

Moody's raised the foreign currency long-term deposit ratings of 10 Indonesian banks to Ba2 from Ba3. The revised ratings carry stable outlooks.