Retail Banking
China CITIC Bank's net profit down 27% to CNY 7.9b in 3Q12
But underlying trends remain good.
Hong Kong banks to suffer from profit decline post QE3
Banks will struggle to write new mortgages to offset an annual repayment rate of ~15%.
This is how Hong Kong banks fared post QE1/2 in 2008
System deposit balance surged to HK$7tn.
S. Korean banks' net down 4.1% in Q3
Blame it on shrinking interest income.
Chongqing Rural Commercial Bank's net profit up 28.1% to RMB1.36bn
But the 51% slump in net fee income was disappointing.
China Construction Bank's sluggish net fee income fell by 2% in 3Q12
But CCB's net profit increased 12% to RMB51.9bn.
Minsheng Bank's MSE loan growth rebounds by RMB29.9bn
The momentum is expected to continue into 4Q12.
China's depressing corporate deposits growth to eventually close to zero
From 18% in 2002 to 9% in Sep 2012 to -1% in 2021.
Asian banks urged to build AML compliance programs
Asian banking operations face increasing exposure from regulators around the world to AML regulations – though the pressure locally is diverse in...
Agricultural Bank of China ups net profit by 19.2%
A net profit of US$19.06 billion.
Ping An, Huaxia banks see profits slow in Q3
It still increased.
Korea's KB Financial net falls 29.2% in Q3
Net profit down by 29.2 percent. For that decline, KB Financial Group is blaming squeezed profit margins and higher loan-loss reserves.
Analyst worried over BOCHK's unsustainable trading income-driven revenue
But pre-provision operating profit rose by 5% to HKD18.9b in the first nine months of 2012.
Bank of China's net profit up 10% to CNY106.4b in 9M12
But profit in 3Q12 was flat at CNY34.8b.
Singapore banks selling non-core investments to prepare for Basel III
OCBC sold F&N and APB while DBS sold its stake in BPI.
OCBC to suffer from rising earnings headwinds
Higher-yielding unsecured personal lending will not be enough to offset higher funding costs.
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