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Uco Bank expects 33.4% FY2011 profit surge
Lender expects $289mln FY11 net profit driven by credit growth from large and mid-corporate sector.
Uco Bank expects 33.4% FY2011 profit surge
Lender expects $289mln FY11 net profit driven by credit growth from large and mid-corporate sector.
Bank Negara approves CIMB's stake purchase
CIMB Group will issue 134 million shares to Khazanah Nasional to acquire CIMB Niaga stakes.
New KB Financial Chairman slams company inefficiency
Vows to bring group back into shape as cost-to-income ratio rose to 54% last year.
Taiwan central bank urges lenders to prevent speculation
Governor Perng alarmed at speculative investors who bought 200 houses using money from bank loans.
Thailand to appoint Prasarn Trairatvorakul as central bank head
With years of experience in the private sector, the Kasikornbank president is eyed as the next Bank of Thailand governor.
ANZ quits Korea Exchange Bank bid due to conflicts
ANZ leaves Nomura and MBK Partners as bidders due to tension between North and South Koreas.
New Zealand endorses NAB’s bid for AXA APH
NAB’s takeover of $284mln AXA APH assets still needs nod from NZ's Commerce Commission.
Bank of China mulls $8.8bln rights issue
Lender seeks 1.1-to-10 rights issue as analysts fear fund raising could put pressure on weak market.
Fitch says DBS and OCBC are stable
Fitch's affirmation of DBS and OCBC's stability status reflects the banks' strong credit profiles.
KB’s new chair seeks 30% company value boost
Euh Yoon Dae vowed to quit post if he could not improve group’s stock value.
Fitch sees another dull year for Japanese banks
Agency expects no immediate change in ratings as lenders' profitability expected to remain weak in FY2011.
NAB quits competition for RBS branches
Source said Australian lender leaves Banco Santander in race due to concerns on market conditions.
Bank of China set to release convertible bond
Subscriptions for $5.9bln issue beginning on Wednesday is part of fundraising wave by Chinese banks.
Fitch gives CIMB Bank BBB+ rating with Positive Outlook
Upgrades Individual Rating from C to B/C due to improved balance sheet position and earnings.
NAB, Santander move ahead in RBS unit sale
Source said lenders topped rival BBVA as the latter failed to provide better offer.
2 China megabanks near bonds, shares offering launch
Country's securities regulator approved Bank of China bonds offering while it will review BoComm's proposal Friday.
Bank Mandiri targets being in ASEAN big three
Lender launched plan of being in region's top 5 by 2014 and top 3 by 2020.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Resource Center
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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Most Read
1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
<time datetime="2024
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