ANZ offloads PNG retail bank for $10m

ANZ has announced the sale of its retail, commercial and SME banking business in Papua New Guinea to Kina Bank in its latest divestment of Asian retail businesses.


Woori Bank to become holding firm by 2019

"Once converted to a holding firm structure, Woori Bank will be able to invest a wide range of profitable businesses, including securities, asset management and real estate trust, which could raise the company's value," the lender said.


OCBC's Q1 net profit rises 29%

OCBC's net profit came in at S$1.11 billion in the three months ended March 31 versus S$861 million reported a year ago


CIMB To Achieve 6 Pct Loan Growth For FY18

According to Group Chairman Datuk Seri Nazir Razak, the growth would be driven by all its business segments, particularly from consumer banking and wholesale on the corporate side.


Best retail bank

SBC executives receive the award from representatives of The Asian Banker.