BDO retains Best Bank standing

“The competition was extremely tight this year, with numerous financial institutions proving their resilience in a difficult regulatory and banking environment,” Finance Asia said in the announcement of winners.


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