Wholesale Banking

StanChart set for another good year

Operating profit grew less than 10%, however.

StanChart set for another good year

Operating profit grew less than 10%, however.

Standard Chartered's credit quality triggers worries for its wholesale business

Blame it on a sharp pick-up in NPLs and impairments in 1H12.

Indonesia tells small "selfish" banks not to refuse mergers

Bank Indonesia Governor Darmin Nasution asked banks with weak capital to open their doors to mergers and acquisitions.

Krirk-kiat, key figure in '97 financial crisis, dies at 63

Krirk-Kiat Jalichandra, the former president of defunct Bangkok Bank of Commerce had suffered from lung cancer for years, has died.

Bangkok Bank to expand in Myanmar

Bangkok Bank plans to increase its bank partnerships in Myanmar from four, in line with higher investing demand from Thai customers.

New Beijing branch strategic and timely for Maybank

Maybank President and CEO, Datuk Seri Abdul Wahid Omar, describes the opening of its Beijing branch as strategic and timely.

S. Korea, China, Mongolia to launch bank association

South Korea, China and Mongolia have agreed will launch an association of trade banks to help finance developmental projects for areas near the Tumen...

Philippine central bank loans to govt, banks reach R117B

The central bank of the Philippines lent R117 billion to the government and banks as of end-April, up 11.4 percent year-on-year.

Thailand's Tisco looks to break Q3's record net

Tisco Financial Group reported a net profit of Bt953 million in the third quarter, marking a new quarterly high.

Vietnam wants more discipline in banking system

Vietnam has ordered its central bank to take timely measures to stabilize the banking system and regain the confidence of the public and investors.

Malaysia's Maybank not bidding for Thailand's Bank of Ayudhya

Maybank clarified that its private placement exercise was a proactive move to boost its equity capital ahead of the implementation of the Basel III...

Philippines provides more incentives to bank mergers

The Bangko Sentral ng Pilipinas has revised its rules and allowed more incentives on banks’ mergers and consolidations.

Taiwan's Fubon earns $96M in August

Fubon Financial earned NT$2.84 billion or US$96.59 million in net income last month, significanlty increasing the NT$2.25 billion it earned in August...

Malaysian banks unlikely to engage in capital raising

Unless they are trying to significantly boost capital outlay, Banks in Malaysia are unlikely to engage in capital raising activities, said banking...

Bank Maspion Indonesia aims for IPO by January

Bank Maspion Indonesia plans to raise the necessary capital for  expansion by listing on the Indonesia Stock Exchange by January 2013.