08/08/2018
Investors looking to buy Commonwealth Bank's demerged wealth management arm now have a clearer picture about what it looks like - a business which has generated after-tax profit of more than $500 million for the past two years.
08/03/2018
The report found the Australian banking sector is dominated by a handful of players.
08/03/2018
He added that BMCE wanted to deepen its presence in East African countries to become a bigger player, before expanding into new countries on the continent.
07/31/2018
It marks the bank's re-entrance into Indonesia 10 years since it exited from the Southeast Asian country by selling off its stake in BII Bank to Malaysia's Maybank in 2008.
07/31/2018
Gross non-performing loans as a percentage of total loans fell to 6.52 percent
07/24/2018
Barclays is reentering some businesses and markets in the Asia-Pacific region as CEO Jes Staley puts an era of restructuring behind him.
07/24/2018
Deng Jun, Philippine country head of Bank of China said the RMB community is an opportunity to deepen trade and investment between the two countries.
07/19/2018
The big four bank conceded that its actions fell below community standards and expectations on several instances, but argued that they do not amount to misconduct.
07/19/2018
Arab Bank did not reveal when it expects to open doors for business in Shanghai.
07/17/2018
The banks were responding to criticism this month by the banking royal commission's top lawyer over their overly tough treatment of farmers.
07/13/2018
“The competition was extremely tight this year, with numerous financial institutions proving their resilience in a difficult regulatory and banking environment,” Finance Asia said in the announcement of winners.
07/02/2018
The Bank is also going to discuss with the Insurance Commission the possibility of offering insurance products online through the OFB, as well.
06/29/2018
It is believed the bank is in early stage talks to sell the business to minority shareholder African Rainbow Capital.
06/27/2018
Chatri Sophonpanich inherited an empire and broadened its scope
06/26/2018
Forbes ranked him the 26th richest person in Thailand with cash and assets of about 45.57 billion baht
06/26/2018
ANZ has announced the sale of its retail, commercial and SME banking business in Papua New Guinea to Kina Bank in its latest divestment of Asian retail businesses.
06/25/2018
In a separate statement issued by Kina, it said it was buying the ANZ PNG businesses for PGK24.2 million ($7.19 million).
06/24/2018
Vietnam has big potential in applying 4.0 technology to develop retail banks and payment utilities.
06/22/2018
According to Premier Smith, following the launch, they were given a tour of the bank’s premises. He said some of the 70 staff members at the bank were from the BVI.
06/10/2018
The higher conversion means their beneficiaries will have more money to spend.