Retail Banking
PSBank’s first half profit up 13% to $21.62mn
PSBank’s first half profit up 13% to $21.62mn
The thrift bank achieves double-digit surge amidst interest rate competition on mortgage loans.
OCBC increases 2nd quarter net profit by 15%
Oversea-Chinese Banking Corporation Limited 's second quarter grew by 15 % year on year to 577 million Singapore dollars or US$476.9 million.
India banks’ bad debts rise further
Experts said NPA’s may grow more behind rising interest rates and demand slowing in pace with the economy.
Shinhan Financial more than doubles second quarter net income
Shinhan Financial's second-quarter earnings more than doubled from a year ago on a rise in non-interest income and lower loan-loss reserves.
Vietnam Eximbank listed among world’s 25 highest growing banks
Vietnam Eximbank is among the world’s top 25 banks with high growth rates, according to an international financial affairs publication.
Lien Viet Bank now known as Lien Viet Post Bank following merger
Vietnam's central bank allowed Lien Viet Bank to change its name to Lien Viet Post Joint-Stock Commercial Bank after joining forces with Vietnam Post...
J&K Bank posts Rs 182 crore quarterly profit
The Jammu and Kashmir Bank posted a net profit of Rs.182 crore of Rs.1,820 million for the first quarter of this fiscal ending June 30.
IDBI Banks' Q1 net profit up 33.61 percent
IDBI Bank reported a net profit of Rs.3,351 million for the quarter ended June 30, 201.
Punjab National Bank quarterly net profit up 3.46%
Punjab National Bank posted a net profit of Rs.1,105 crore for the quarter ended June 30.
UCO Bank Q1 net profit up 12.42 percent
UCO Bank reported a net profit of Rs.292 cror for April to June, representing a 12.42 % year-on-year growth, according to Yahoo News.
Mega Financial mulls Southeast Asia expansion
The lender has added capital of its HCM City branch by US$75mn, contributing about 25% of total income from all overseas branches.
BPI first half profit up 12% to $146.81mn
Yet operating costs surged 11%, with half of the increase coming from higher manpower costs due to a new agreement with the bank's labor union.
Is Linked-In the future of banks in China?
Numerous articles have explored the usage of social media and marketing in the financial industry. Although our feeling is that no institution has...
Chinese banks pursue full bank licenses in Singapore
Chinese officials urged Singapore to consider issuing Qualifying Full Bank licenses to the Singapore branches of two Chinese banks, the Bank of China...
Malaysian banks to focus on non-interest income
Non-interest income business for the country's eight anchor banks seen to be about $5.91bn this year .
Maybank remains uninterested in RHB deal
RHB said a potential merger with Maybank or other lenders could be considered if valuations are right.
KB Financial returns to green in a huge turnaround
Main focus is to boost non-banking divisions as the South Korean banking market faces saturation.
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1. OCBC starts AI stock adviser using data on 4,000 stocks 2. UOB reports flat net profit growth in Q1 despite record fee income 3. J.P. Morgan unveils automated cross-currency payment collection and settling service 4. Sea rebrands digital finance business SeaMoney to Monee 5. DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.Resource Center
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Productive sectors need more capital to stimulate the slowing economy.
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The Asian connection: China's path to sustainable growth