Retail Banking

‘Robust’ revenues lifted BPI to record net income in H1

Earnings per share is PHP5.8 for the period, a 14% increase.

‘Robust’ revenues lifted BPI to record net income in H1

Earnings per share is PHP5.8 for the period, a 14% increase.

Higher margins, lower opex buoy Bank Central Asia’s profit growth in Q2

Net profit for the first six months of the year is $1.65b, 11% higher than in H1 2023.

BRI reports $1.83b (IDR29.9t) profit in Q2

President director Sunarso hailed their credit distribution and DPK.

Fees lift Singapore banks’ Q2 profits

But their Q2 profits are likely to be lower compared to Q1, analysts said.

BDO Unibank's net income up 12% to $357.7m in Q2

Total net income for H1 is $673.86m, according to data from the stock exchange.

Japan’s Concordia FG sees strong loan growth and improving profits

Its strong franchise base in Kanagawa Prefecture is an advantage.

ANZ China’s outlook stable amidst strategic position

It is expected to maintain its capital buffer over the next two years.

SCBX reports 15.6% net profit decline in Q2

Economic growth fell short of expectations, SCBX’s CEO said.

MUFG, subsidiaries submits business improvement plans to authorities

MUFG also apologised to its customers and stakeholders.

RCBC unable to sustain improved capital amidst bad loans: Moody’s

Its NPL ratio is “one of the weakest” amongst its domestic peers, Moody’s said.

Let China’s small banks fail– analyst

China should follow Spain's footsteps and establish a fund pool against bankruptcies.

GoTyme Bank added 1.7 million new customers in H1

It now holds a total of $281.21m (PHP17b) in deposits.

Georges Elhedery is HSBC’s new group CEO

He is currently the CFO; Noel Quinn will retire on 2 September.

Growing fees, higher rates lift Sumitomo Mitsui Trust Bank’s profits

SMTH’s low-risk asset portfolio meant that profitability is weak.

Stronger deposit base buoys HDFC Bank’s improving profits

Return on assets of 1.8% is higher than the 1.3% industry average.

DBS Hong Kong has sufficient buffers for property downsides

The bank is expected to maintain strong capitalisation and profitability.