Managers of Wealth Asia Pacific

BSP Sets Footprints In South East Asia

Bank South Pacific Has Finally Renamed Its Cambodia Expansion To BSP Finance Yesterday In Phnom Penh.

Overseas Filipino Bank launched

The OFB shall serve as a “policy bank dedicated to provide financial products and services tailored to the requirements of overseas Filipino,” the OFBank said in a statement.

Thai Siam Commercial Bank profit misses expectations

Higher provisions were set to align existing expected loss principles to those required under new accounting standards effective in 2019, SCB said in a statement.

NBP, Bank of China sign MoU to enhance banking services

Li expressed his pleasure to be a part of this memorable event and said Bank of China had a long standing working relationship with the NBP .

ANZ Walks From Chinese Deal

HNA Group which owns 10 percent of Deutsche Bank has recently come under intense scrutiny from foreign regulators due to its extreme levels of debt and a blurred ownership structure.

Bank Indonesia to open Beijing office to boost links with China

Indonesia's central bank is opening a representative office in Beijing in a sign of increasing links between China and Southeast Asia's biggest economy

India's IndusInd Bank Q3 net profit jumps 25 pct

Gross bad loans as a percentage of total loans stood at 1.16 percent at end-December, compared with 1.08 percent in the previous quarter and 0.94 percent a year ago.

Mobile banking boosts local economies across China

Things have changed since Ningde Rural Commercial Bank introduced the mobile banking service to local fishermen.

ANZ Completes Shanghai Bank Sale

The bank will return the money from the Shanghai sale to shareholders, and buy back ANZ stock on-market, Chief Financial Officer Michelle Jablko said in a press release.

Vietnam makes slow progress in listing its banks

HD Bank will list its shares on the Ho Chi Minh bourse early next year

Bank of Baroda to shut Hong Kong branch, Thailand office

Hit by resource crunch, especially capital, many public sector banks are reviewing their international operations

ASB named New Zealand Bank of the Year

ASB Chief Executive Barbara Chapman says ASB is proud to be named New Zealand Bank of the Year for the fifth year in a row, especially as the market continues to go through rapid technological change.

Maybank Q3 earnings up 13% on higher net interest income, Islamic banking scheme

Its net impairment losses also dropped 51.0% in the quarter

CIMB Philippine ops strengthen group as universal Asean bank

The award of the licence is in line with liberalisation of the banking sector in the Philippines.

The Co-Operative Bank Lifts Profit

The bank also says its increasing rebates paid to member-customers by almost 17%.

AMMB's 4Q net profit down 46%

Reduction in earnings for current financial year ended 31 March 2016 was mainly due to lower income.

Maybank’s results below expectations due to chunky provisioning

The research house said Maybank’s first quarter net profit fell 16.1% year-on-year, dragged down by a 248.8% year-on-year jump in LLP.

Hong Leong Bank Q3 net profit dips

Despite the lower earnings, HLB has proposed a second interim dividend of 25 sen per share.

Confidence wanes in Malaysia govt-backed 1MDB bonds

The contrast reflects growing investor concern about the Malaysian government's backing as it grapples with an economy forecast to expand at its slowest pace in seven years amid a collapse in oil prices.

Nikko Asset Management NZ grows AUM to over $5 billion

Retail investors access Nikko Asset Management NZ’s funds through Authorised Financial Advisers or RaboDirect.

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