NAB posts first quarter profit
(08 February 2013 – Australia) National Australia Bank (NAB) posted its first-quarter profit on Thursday, revealing a drop by 20 percent largely due to lower values on some […]
(08 February 2013 – Australia) National Australia Bank (NAB) posted its first-quarter profit on Thursday, revealing a drop by 20 percent largely due to lower values on some […]
(07 February 2013 – China) The highest ever profits for foreign banks operating in Shanghai reached a record US$2 billion (A$1.9 billion) for 2012.The Shanghai Regulatory Bureau under […]
(05 February 2013 – Japan) Japan’s second-largest bank, Sumitomo Mitsui Financial Group (SMFG) posted a US$6.1 billion (A$5.8 billion) profit from April to December.The 34 percent rise in […]
(14 January 2013 – China) A new report shows an increase in new renminbi (RMB) deposits in 2012, reaching RMB 8.2 trillion (A$1.3 trillion), 2 percent above the […]
(08 January 2013 – Malaysia) Islamic banking has grown in Malaysia, now accounting for a fifth of the country’s total banking assets.Malaysia’s Ministry of Finance reported that the […]
(11 December 2012 – Australia) Moody’s believes profits for Australia’s major banks will stagnate in 2013 and the weakening economy will cause a rise in bad debt charges.’Profitability […]
(11 December 2012 – Australia) For every person in Australia, the big four banks earn A$1460 and are among the world’s most profitable.ANZ, Commonwealth Bank, National Australia Bank […]
(11 December 2012 – Philippines) The third quarter proved profitable for the Philippines’ 712 operational banks, with an increase in total resources of 6.9 percent year-on-year.The country’s central […]
(10 December 2012 – Philippines) Reflecting a strengthening economy, Philippines’ big banks posted a rise in earnings by 15 percent for the first nine months of the yearAccording […]
(23 November 2012 – Singapore) CIMB Group has reported a record net profit of RM3.263 billion (A$1.02 billion) for the first nine months of 2012.Thanks to CIMB Niaga, […]