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Krung Thai Bank profit balloons 140% to $230.26m in Q2
A sharp decline in provisions, which fell by half, buoyed earnings.
Krung Thai Bank profit balloons 140% to $230.26m in Q2
A sharp decline in provisions, which fell by half, buoyed earnings.
TMB Bank profit down 13% to $60.07m in Q2
Lending to SME weakened amidst an economic slowdown.
ICBC inks deal with Germany's Commerzbank to finance Belt & Road projects
The German lender has committed to a business volume of $5b in the next five years.
OCBC Q2 loan growth to hit 10% as Indonesian and Chinese arms outperform
Banking fees are also expected to rise 13.8%.
Saudi Arabia's National Commercial Bank profit up 6.7% to $688m in Q1
Higher fees and commissions buoyed quarterly earnings.
OCBC to slash bank teller jobs by half as it digitises branch operations
The bank has set aside $14m for the deployment of the new ATMs.
India's Federal Bank secures clearance to expand to Bahrain, Kuwait and Singapore
It is only awaiting local approval before starting operations.
BEA China is the first foreign bank receiving clearance to open Shenzen branch
The bank has received the greenlight from China's banking regulator.
Bank Mandiri's profit up 28.7% to $843.1m in H1 2018
Strong loan growth and higher fee-based income buoyed earnings.
China Bank to open 10 more branches before year ends
The bank has reportedly set aside as much as $186,000 per branch.
UOB rolls out Razer Pay in Singapore
The scheme will allow users to top up through eNets and transfer funds via FAST.
India's PNB aims to reverse steep downfall with one-off share sale
The bank reportedly plans on selling its stake in its housing finance unit.
Mastercard and Singapore's Commercial Affairs Department launch card fraud detector
Mastercard donated 10 pieces of the reader to the department.
Credit Suisse's Hong Kong unit ordered to pay $369.08m to settle hiring corruption probe
The bank reportedly made preferential hires to win business.
Regulator zeroes in on misbehaving Australian banks issuing pension products
CBA and ANZ have agreed to pay a total $1.85m in community payments.
RCBC rolls out online FX trading facility
It’s said to be the first such platform in the Philippines.
Taiwan's Chang Hwa Bank opens Manila branch
The branch will be CHB’s 12th overseas foothold.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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