05/06/2019
The question is whether Westpac’s results adds to this confidence even as its first net profit tumbled to $3.2 billion, while the more closely watched cash profit figure plunged 22% to $3.3 billion.
05/06/2019
The award covers the Asia Pacific, the Middle East and West Africa
05/06/2019
Lenders also creating new roles, using more tech at contact centres
05/06/2019
If the industry receives a similarly inferior evaluation again, Japanese banks’ international transactions may be subject to restrictions, and overseas settlements and remittances, as well as transactions for cross-border trade, may be affected.
05/03/2019
NAB’s profit for the half rose by 4.3 per cent from the pcp to $2.7 billion, with cash earnings up by 7.1 per cent to $2.9 billion.
05/03/2019
The growth was mainly spurred by loans to state-owned enterprises and top-tier corporate clients.
05/03/2019
Daily spends on Emirates HLB cards earn Skywards Miles redeemable for flight rewards on Emirates and partner airlines
05/01/2019
The gain comes on the heels of disappointing 2018 fourth quarter when four of the five turned in their weakest profit growth in more than two years as business activity slowed and they sharply increased provisions for bad loans.
05/01/2019
Banks face tough housing market and ballooning costs following inquiry into misconduct
04/30/2019
Analyst flag challenging year as competition intensifies in a slowing economy
04/30/2019
CCB's non-performing loan ratio was 1.46 at the end of March, unchanged from three months earlier.
04/30/2019
Its net interest margin (NIM), a gauge of bank profitability, narrowed to 1.82 percent as of end-March from 1.90 percent at the end of 2018.
04/30/2019
One of the bank’s biggest threats? A pack of upstarts that barely existed two months ago, backed by the likes of Standard Chartered Plc and Chinese internet insurer ZhongAn Online P&C Insurance Co.
04/29/2019
IDBI received the nod to handle import-export transactions with Iran in early March.
04/29/2019
FOWC is the platform to enable its workforce who have been upskilled/reskilled into their new roles in order for them to fully reap the benefits of their training.
04/29/2019
3,000 employees will be relocated to overseas branches and sales divisions
04/29/2019
Net interest margin, a common measure of profitability, also expanded 5bp to 1.88% amidst higher rates in Singapore and Hong Kong.
04/26/2019
This missed market expectations for an already sharp slowdown to 1.5%.
04/22/2019
CBA has labelled the claims on job cuts "misleading" and denied outright reports that it would close hundreds of branches.
04/22/2019
But a turning point came when she found out that an opportunity to work in the loans department, a front-end post, had been taken away by a male supervisor.