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CIMB Niaga's Q1 net profit surges 138% to US$48m
CIMB Niaga's Q1 net profit surges 138% to US$48m
The bank is expected to contribute 18% of CIMB Group’s FY17 earnings.
UOB's net profit up 5.4% to US$578m in Q1
And NPL was stable at 1.5%.
Citi India launches new digital cross-border payment solution
Corporate clients won't need physical documents for international payments.
Bank Rakyat Indonesia to increase micro loans from 49% of its total portfolio
The bank's new CEO disclosed some of his strategies for the bank.
OCBC's Q1 net profit expected to decline 4% to around US$586m
Provisions will remain high for the same O&G accounts.
UOB's ROE to outperform peers in 1Q17: analyst
But core net profit is seen to grow only 3%.
Kasikornbank's NPL up 1bps to 3.84% in Q1
Managament said NPL has already peaked this cycle late last year.
YES Bank's 4Q16 profit after tax up 30% to US$141m
Thanks to fee income's 72% growth.
Bank Central Asia's 1Q17 net profit up 10.7% to US$368m
But growth was achieved at the expense of declining NPL coverage.
Bangkok Bank's NPL ratio hits 4.04% in 1Q17
Gross NPLs rose 13% to US$258m.
HDFC Bank posts the highest operating profit in three years
It grew 27% in 4QFY17.
Bank Rakyat Indonesia's net profit inches up 6% to US$495m in 1Q17
NIM was flat YTD at 8.1%.
Siam Commercial Bank's gross NPLs up 3.6% in Q1
NPL ratio now stands at 3.06%.
IndusInd Bank eyes improving CASA ratio to 40%
It also plans to double its loan book and customer base.
Public Bank's net profit up 1.5% to US$284m in 1QFY17
But the bank posted negative JAWS.
CIMB's net profit forecast to grow 29% in FY17
Industry stats point to a more positive outlook.
Krung Thai Bank's NPL ratio hits 5.25% in Q1
Gross NPLs increased US$270m.
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