News
4 signs that Deutsche Bank is strengthening its transaction banking business in Asia Pacific
4 signs that Deutsche Bank is strengthening its transaction banking business in Asia Pacific
New initiatives include the Asia Accelerator and FX4Cash.
China Merchants Bank's NPLs up 10.2% for the successive third quarter
And total deposits fell by 1.8%.
China CITIC Bank's net profit down 27% to CNY 7.9b in 3Q12
But underlying trends remain good.
This is how Hong Kong banks fared post QE1/2 in 2008
System deposit balance surged to HK$7tn.
Corporation Bank to widen network
Century-old bank to add 300 branches by 2013.
Thailand's KBank to facilitate loans with 19 Chinese banks
The largest Sino-Thai factoring service.
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.
Agricultural Bank of China ups net profit by 19.2%
A net profit of US$19.06 billion.
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.
OCBC to suffer from rising earnings headwinds
Higher-yielding unsecured personal lending will not be enough to offset higher funding costs.
DBP selling Al-Amanah Islamic bank
The Development Bank of the Philippines has received government approval to sell its 99.88% stake in the Philippines’ only Islamic bank.
Thai credit card firms want more money
Milk them dry.