Managers of Wealth Asia Pacific

OCBC's Q1 net profit rises 29%

OCBC's net profit came in at S$1.11 billion in the three months ended March 31 versus S$861 million reported a year ago

Japan’s bloated retail banks need to downsize

oo many branches, with too many staff, are weighing on profitability

Double-digit profit rise for UOB as loans, margins expand

Domestic banks benefiting from higher interest rates, recovering economy

AmBank committed to driving business forward

Last year, it divested its 20% interest in Shanghai Rural Commercial Bank and its life insurance business.

CIMB To Achieve 6 Pct Loan Growth For FY18

According to Group Chairman Datuk Seri Nazir Razak, the growth would be driven by all its business segments, particularly from consumer banking and wholesale on the corporate side.

Techcombank highlights booming Vietnam IPO market

Record might soon be overhauled; deal shows notable European and American interest.

ADB says Asia-Pacific operations hit $32.2B in 2017, up 26%

The record high operations figures was achieved as “the bank continues to meet Asia and the Pacific’s growing development needs,” according to the bank.

Best retail bank

SBC executives receive the award from representatives of The Asian Banker.

NAB to take $755m restructuring charge in half-year results

In an announcement earlier this week, London-listed lender CYBG, which was spun off from NAB, said it would raise its half-year provisions to cover costs related to an earlier insurance industry scandal.

Ecobank Wins 3 Awards At 2018 Asian Banker Awards

Our app not only removes the barriers that have financially excluded so many Africans but offers next generation functionality to help them send money, make withdrawals or pay for goods and services

Ithmaar Bank’s Pakistan unit reports profits of $40.8 million

The Bank is now working to further build capacity in the key areas of Human Resources and Product development.

Reputation, profits at top of list for new Commonwealth Bank chief Matt Comyn

The new CEO has had an extremely busy few months, holding a series of meetings with institutional investors in Australia and overseas, and visiting CBA operations in Hong Kong and South Africa.

Piramal to set up merchant banking, asset management arms

These proposals are in line with the growth aspirations of the company, and as part of the financial services business.

Qatar National Bank seeks growth in Southeast Asia

QNB, the largest bank by assets in the Middle East and Africa, is active in Egypt and Turkey and has made forays into Singapore, Vietnam, Myanmar, India, Indonesia and China.

QNB named ‘Qatar’s Best Bank for Asia’

The QNB Group’s presence through its subsidiaries and associate companies extends to some 31 countries across three continents providing a comprehensive range of advanced products and services.

China's ICBC logs biggest fourth-quarter profit growth since 2014 as margins improve

ICBC’s net interest margin rose to 2.22 percent at end-December, from 2.17 percent at end-September.

UOB in tie-up with state firm to provide financing for infrastructure projects in Indonesia

UOB and SMI first struck a partnership in 2013 to provide term loans for infrastructure projects such as toll roads and power plants.

India’s Axis Bank opens office in Sharjah

The UAE has the largest NRI community in the world

HSBC Singapore ramping up investment for consumer and wholesale business, hiring 300 more

The Raffles Place launch "signals HSBC's intention to increase investment into Singapore across its consumer and wholesale banking businesses as part of a new three-year country plan", the bank said in a statement.

Commerzbank Bullish on Chinese equities in 2018

The year 2017 has generally been a great year for equity markets worldwide, where China has been one of the largest beneficiaries of the bull run.

Retail Banking