Revenue, which refers to operating income before loan impairment charges, rose to USD15.78 billion from USD15.08 billion, while loan impairment charges and other credit risk provisions, fell to USD760 million from USD1.59 billion.
DBS Group Holdings, Southeast Asia's biggest lender, posted a 17 percent rise in quarterly profit, helped by its highest net interest margin in nine quarters though loan growth slowed to its weakest pace since late 2012. The slowdown in lending grow
Exiting the United Kingdon is an "absolute priority" for National Australia Bank (NAB.AX), Chief Executive Officer Andrew Thorburn said after the bank posted a fall in annual cash profit, hit by writedowns for its troubled British business.
The S$1.23 billion net profit includes a fair value gain of S$391 million ($306.2 million) due to its increased stake in Chinese lender Bank of Ningbo, which became a 20 percent-owned subsidiary during the last quarter.
Nomura Holdings, Inc. today announced its consolidated financial results for the second quarter and first half of the fiscal year ending March 31, 2015.
BDO Unibank Inc. on Monday said it is on track to meet its full-year target after booking P5.7 billion in net income in the third quarter, propelled mainly by the business generated by commercial banking operations.
Australia & New Zealand Banking Group Ltd. (ANZ) posted a 3 percent gain in unaudited second-half earnings, bolstered by its local business unit, according to data inadvertently released by the lender.
Net interest income, the difference between interest earned on loans and interest paid to depositors, rose 12.4 per cent
HDFC Bank Ltd, India's second-biggest private sector lender by assets, on Tuesday reported a 20 percent rise in quarterly net profit, lagging estimates, due to higher tax expenses and provisioning for loan losses.
Axis Bank, the third largest private sector bank after HDFC Bank and ICICI Bank, posted 18 per cent rise in net profit in the quarter ended September 30 helped by demand from retail borrowers.