04/09/2018
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.
Retail Banking
04/08/2018
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.
04/04/2018
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.
04/04/2018
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.
03/28/2018
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.
03/27/2018
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.
03/26/2018
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.
03/18/2018
India’s Axis Bank opens office in Sharjah
The UAE has the largest NRI community in the world
03/16/2018
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.
03/15/2018
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.
03/13/2018
Standard Chartered Malaysia bags two awards at Asia Trailblazer Awards 2018
The bank was also recognised as the first retail bank to introduce mobile gamification via Shake and Win
03/07/2018
ICBC lists 2 bonds on Nasdaq Dubai
ICBC, the world’s largest bank by assets, set up its Dubai branch in 2008, which is the first branch set up in the Middle East by a Chinese bank.
02/28/2018
Huge fraud at Indian bank spurs privatisation calls
Critics say scam highlights rot in state lenders and need for change
02/26/2018
China Development Bank promises investment into specific sectors of Nigerian economy
The CBD President said,the targeted investments are off shoot of some of the commitments made by President Buhari during his April 2016 China visit ,when he led a delegation of Nigerian government officials to a high level bilateral business meeting
02/23/2018
CBA denies majority of latest AUSTRAC allegations
Of the 230 suspicious matter reporting obligations, the bank admitted it "made errors" in 98 instances - 53 SMRs were filed late and it failed to submit a further 45.
02/21/2018
China Construction Bank Seen as Pick for BlackRock, Goldman
Most analysts recommend buying nation’s second-largest lender
02/20/2018
Hang Seng Bank 2017 Net Profit Rises 23.5% On-Year
Operating profit up 24% to HK$23,547m (HK$19,034m in 2016)
02/14/2018
Singapore's UOB Raises Dividend As 4Q Net Profit Rises 16%
The bank's net interest income rose 15% to S$1.46 billion, helped by higher loan volumes and as net interest margin improved 12 basis points to 1.81%.
02/14/2018
OCBC Profit Jumps on Higher Income From Lending, Wealth Business
That beat the S$956 million average forecast in a Bloomberg survey of seven analysts.
02/12/2018
UBS Increases Asia Investment Banking Bonus Pool by 6%
UBS seeks to retain junior bankers, boosting pay by about 12%