Retail Banking
Krungsri Group issues alleviation measures
Krungsri Group issues alleviation measures
Bank of Ayudhya and its subsidiaries issued measures to alleviate the plights of customers suffering from the recent political crisis. It will be...
Political turmoil could impact Thai banks' profitability – Fitch
But rating agency said Thai banks' overall financial positions should remain relatively strong in 2010.
Hong Leong ups net income by 3.5%
The quarter ending in March 2010 shows an uptake in loan growth momentum for Hong Leong Bank. Loans growth rebounded to 8 percent year-on-year in...
ANZ plans to boost its Asian growth strategy
Lender mulls on spending US$4bln on 2 mega deals as it denied selling Bank Panin stakes.
Fitch: Japan's mega banks' profit growth uncertain
Lenders had anemic recovery despite large common stock issuance that boosted their core capitalisation.
Hatton records Rs.652.8 million post-tax profit
HNB's first quarter pre-tax profit increased to US$10.49 million from US$10.33 million in the same period last year. The Group's pre-tax profit for...
EON Cap’s board accepts Hong Leong acquisition bid
Bid serves "best interest" for EON Cap after mulling on recommendations of Credit Suisse, Goldman Sachs.
HSBC Malaysia profit up 20% to $67mln
Domestic demand in banking and sustained growth in regional markets prop up net profit increase.
CIMB Niaga enhances remittance service to migrant workers
Offers remittance, credit services to Indonesian workers as they sent $2.34bln to native country in 2009.
Hang Seng puts up new mainland headquarters
Hang Seng Bank China has agreed to purchase about 7,000 square metres of office and retail space in Shanghai's financial district for a total...
Thai banking keeps stable outlook amid violence
Moody's is maintaining its stable outlook on Thailand's banking system despite the recent escalation of violence in the country. This is based on the...
ICICI bank to take over Bank of Rajasthan
“Expensive” $668mln deal extends ICICI presence in India's northwestern desert state of Rajasthan.
Chinatrust Financial board approves 2.5bln share issue
Price per share of private placement tagged at US$0.51 allows firm to raise US$1.3bln.
Hong Leong's offer for EON Cap too low
EON's independent financial adviser Credit Suisse's statement left lender's board in dilemma.
Metrobank profit up 23% to $56mln
Lender said growth attributed to approximately $33mln rise in other operating income.
CIMB acquires additional stake in Indonesian unit
Malaysian lender CIMB is raising its stake in Indonesia's Bank CIMB Niaga to better capitalise on the southeast Asian nation's fast-growing economy.
State Bank of India profit down 32%
Lender's $413mln net profit below analysts' expectations as it allotted more funds for bad loans.
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