Retail Banking
Meeting between Taiwan and China monetary leaders in next 3 months
Meeting between Taiwan and China monetary leaders in next 3 months
Cross straits banking stands to receive a needed shot in the arm.
Sanima becomes India's 32nd commercial bank
Sanima Bank formally launched its operation as a category ´A´ financial institution, making it 32nd commercial bank in India.
Laos' BCEL reports higher profits in 2011
BCEL's initial unaudited profit for 2011 is a 70 percent increase over the 2010 audited figure.
3 successful branch strategies
The banking community of the Asia Pacific region continues to impress with its commitment to the branch.
Indonesian state banks enjoy big jump in net profits
Three Indonesian state banks reported solid growth in their earnings in 2011 as lending rose substantially during the year.
Merged SCB post $3.26B profit in first month of operations
The merged Saigon Commercial Bank earned a profit of US$3.26 billion in the first month of this year.
Navibank posts US$1.064 pre-tax profit in Jan
Navibank announced a US$1.064 pre-tax profit for January 2012.
Banco de Oro posts record profit
The Philippines’ largest bank in assets, loans and deposits reports record performance metrics for 2011.
Off items pull down Hong Leong Group's profit before tax by 34.4%
Hong Leong Financial Group's profit before tax decreased 34.4% to157.8 million for the first fiscal half-year ended 31 December 2011.
HSBC confident of strong growth in 2012-2013
Year 1 in a three-year strategy that should eventually see HSBC become the world’s leading international bank seems to have gotten off to a galloping...
CIMB's net profit up 15.1% to US$1.3b in 2011
For 4Q11 alone, the Group’s net profit of US$374 million was 12% higher than 3Q11.
Hana Financial taps Hana Bank CEO as its new chairman
Hana Financial Group has selected the head of its flagship lender to become the new chairman.
Asian growth pushes HSBC profits to $22B
HSBC made a $21.9 billion profit last year, the largest among western banks, as its strength in Asia helped it cope with a euro zone debt crisis.
Government limitations to provide liquidity for AsiaPac banks
Floating exchange rate regimes in Asia Pacific countries give governments flexibility to provide liquidity support to the banks, but not in Hong Kong...
BofA ramps up China expansion
America’s second largest bank wants to be among the Big Boys in China’s banking industry.
CIMB Niaga goes mobile
Mobile banking has come to Indonesia’s fifth largest bank and its third largest mortgage provider.
CIMB appoints Hatao non-independent non-exec director
The CIMB Group has appointed Katsumi Hatao as its non-independent non-executive director.
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1. Sea rebrands digital finance business SeaMoney to Monee 2. UOB maintains profitability despite possible slower loan growth 3. Japan’s SMBC is buying a 20% stake in India’s Yes Bank 4. Malaysia’s development banks told to plug lending gap for MSMEs 5. Bhutan enables national-level crypto payment with Binance PayResource Center
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Nonbank lenders are now providing capital even to low-risk corporate clients.
Commentary
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The Asian connection: China's path to sustainable growth