Tags Banking

Tag: Banking

Metrobank

Metrobank Sets Up US$2bn Medium Term Note Program

Metropolitan Bank & Trust Company (PSE:MBT)’s Board of Directors approved the establishment of a Medium Term Note Programme in the aggregate amount of up...
AmBank Malaysia

Malaysia’s AmBank Eyes 15% SME Loan Growth

Malaysian financial services group AmBank is expecting a 15 percent growth from its small and medium-enterprise (SME) loan segment for financial year 2017. Group CEO...
RHB Bank Malaysia

Malaysia’s RHB Bank Posts Drop in Q4 2016 Net Earnings

Malaysian lender RHB Bank saw its net earnings for the fourth quarter of 2016 falling 28.1 percent to MYR261.24 million (US$58.77 million) from the...
Metrobank

Metrobank Posts P18.1 Billion 2016 Profit

PHILIPPINES - Metropolitan Bank & Trust Company (Metrobank; PSE:MBT) reported a consolidated net income of P18.1 billion in 2016. Net income in the fourth...
Hang Seng Bank

Hang Seng Bank Posts Solid 2016 Results

Hang Seng Bank (HKG:0011), a Hong Kong-based banking and financial services firm, returned solid results for 2016 amidst a challenging operating conditions, the company...
RCBC

RCBC Shares Up on Strong Net Income Report

Philippine bank Rizal Commercial Banking Corporation (RCBC; PSE:RCB) posted an unaudited consolidated net income of P3.86 billion (US$77 million) for the year ended 2016....
HSBC

HSBC Not Shutting Down Malaysia Operations

HSBC is not closing its Malaysian operations, HSBC Bank Malaysia Bhd, a spokesperson said, denying rumors that it will close down like Lehman Brothers. The...
Doha Bank

Doha Bank To Present Business Opportunities to Korean Firms

Doha Bank, the third-largest lender in Qatar, will be presenting business opportunities created by the country's hosting of the 2022 FIFA World Cup to...
CIMB Group

CIMB Group Gets 99-Year Banking License in Vietnam

Malaysia’s CIMB Group Holdings, the country’s second-largest lender, has received a banking license from Vietnamese regulators, allowing it to operate a 100-percent-owned banking business...

Westpac Denies BBSW Allegations

Westpac Banking Corporation has denied allegations in a US class action relating to trading in bank bill swap rates (BBSW), the bank said in...
Bank of East Asia

Bank of East Asia Closes Securities Unit in HK

Bank of East Asia Ltd (BEA), Hong Kong’s largest listed family-run bank, is closing all branches of its securities unit as part of cost-cutting...
Woori Bank

Korea’s Woori Bank Acquires Philippines’ Wealth Development Bank

South Korea's second-biggest bank by assets, Woori Bank, has announced receiving final approval to take over Philippine-based bank, Wealth Development Bank. In a statement, the...
UnionBank

UnionBank Net Income Up 28%

Union Bank of the Philippines (PSE: UBP) reported that net income has increased by 28.1% to Php2.4 billion in the first four months of...
Pioneer Credit

Pioneer Credit Inks Deal with Australia’s ‘Big Four’ Banks

Pioneer Credit (ASX: PNC) now has agreements in place with each of Australia’s “big four” banks, fulfilling a key objective of the Company’s long-term...
DBS Bank India

Singapore’s DBS Bank Launches Mobile-Only Bank in India

Singaporean multinational banking and financial services firm DBS Bank Ltd has announced the launching of its mobile-only bank in India, the country's first. In a...
Security Bank

Security Bank Seals Partnership Deal with The Bank of Tokyo-Mitsubishi UFJ

Security Bank Corporation (PSE: SECB) and The Bank of Tokyo Mitsubishi UFJ, Ltd. (BTMU) have completed the strategic partnership deal signed last January 14,...

BDO Unibank Seals Deal With Japan’s FIDEA

MANILA - Philippine listed bank BDO Unibank Inc (PSE:BDO) and Japanese financial institution FIDEA Holdings (FIDEA Group) further strengthened their business relationship through a...

BDO Unibank Named Among ASEAN’s Top 50 Listed Firms

BDO Unibank Inc (BDO), one of the Philippines' leading banks, is among the recipients of the inaugural ASEAN Corporate Governance Awards Top 50 ASEAN...

ANZ Selling Stake in Indonesia’s Panin Bank for USD740 Million

The Australia and New Zealand Banking Group (ANZ) has officially put its stake in Indonesia's Panin Bank on a formal auction as it seeks...

Briefly: Indonesia To Allow Higher Foreign Stakes in Local Banks

From the current limit of 40 percent, Indonesia's Financial Services Authority has hinted that it is open to lifting the curb and allowing a...