Retail Banking
Krung Thai Bank provides 2 short-term deposit products
Krung Thai Bank provides 2 short-term deposit products
To enable customers to gain the highest benefit from investment and to give an option for them to invest to their heart’s content, Krung Thai Bank...
Krung Thai Bank 2nd quarter stood profit increased to 55%
Krung Thai Bank reported a net income of 10,730 million baht, its highest semiannually net income in 16 years. Its quarterly net income soared 55%...
CIMB completes $499.5mn subordinated debt issue
The issue to be used to boost the lender’s working capital is part of a $1.66bn programme.
Australia’s major banks eyed to post more huge profits
Yet weakness in Australian economy’s consumer-exposed sectors and the impact of natural disasters may push bad debts up anew.
StanChart Singapore pre-tax profit up 11% to $465mn
The lender’s units in Singapore were its second largest contributor after Hong Kong in the first half.
BEA first half profit up 29% to $345.74mn
The bank’s profit was better-than-expected estimate of $266.5mn by analysts.
ICBC takes over Standard Bank Argentina
The $600mn transaction aims to strengthen the lender’s business network across Latin America and enhance our operating capability in the Americas.
HDFC Bank targets setting up branches in remote areas
The lender plans to open 147 branches in remote areas such as Kashmir, North East and Rajasthan.
Citibank India beefs up global markets team with new hires
The lender is committed to top Global Markets operations in India through appointment of several senior executives.
State Bank of India seen to raise $5.09bn via rights issue
The lender targets $3.1bn if the government retains its 59% stake, $2bn for 51% and $2.43bn for 55%.
Sampath Bank profit up 53% to $17.31mn
Yet the lender’s net interest margin slid to 4.11% which sliced down a substantial amount of net interest income.
BoCom appointed to handle US$3.1bn dim sum bond issue
China Ministry of Finance to sell the bonds to institutional investors on Aug 17.
China Merchants Bank increase 1st half profits by 40%
China Merchants Bank's first-half profits increased 40.12 percent year-on-year to 18.5 billion yuan or US$2.87 billion.
Affin cancels plan to buy Bank Ina Perdana
Concern on Indonesia central bank’s latest policy prompted the Malaysian lender to halt the bid.
12 Taiwanese domestic banks eye $333.33mn profit
Only six local lenders made it to the NT$10 billion (US$333.33mn) club last year.
CIMB targets 30% surge in BdC currency exchange business operations
In collaboration with Malaysian travel agent, a new service is eyed to provide boost in its BdC operations.
Malaysia central bank’s foreign reserves up $800mn
Figure enough to fund 9.6 months of retained imports and was 4.5 times the short-term external debt.
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