ANZ logged a cash profit of $1.34b (A$1.9b) for the Q3 2026 period that ended on June, its lates financial report showed. Cash profit is 1% higher compared to the quarterly average of the half year period that ended on...
Operating expenses rose 6% in FY2026. Commonwealth Bank of Australia (CBA) has reported net profit after tax of $7.62b (A$10.811b) for the full-year period that ended on 30 June 2026, 8% higher than the previous year. Return on equity rose to...
The Federal Reserve Banks of Dallas and New York intend to probe lending trends in the $1.3tn US private credit market. Both banks will launch a pilot survey exploring the US direct lending market, following its rapid growth in recent...
It said its core net interest margin was broadly stable during the quarter. Australia’s Westpac Banking Corp posted a slightly higher third-quarter cash profit on Monday (Aug 10), helped by growth in customer loans and deposits, but warned mortgage demand...
It posted net income for the three months through June of 780 million euros. ABN Amro Bank reported quarterly profit that beat analysts’ estimates on higher fees and growth in lending income, prompting the Dutch bank to raise the outlook...
Trade corridors link Gulf liquidity with fast-growing economies. The Islamic finance industry now holds approximately $6t in assets across nearly 100 jurisdictions, emerging as a major driver of international capital flows, trade finance, and digital infrastructure amid shifts in global...
Net interest income eased 2% YoY in a lower interest rate environment. UOB Group’s net profit rose 10% year-on-year (YoY) to $1.5b in the second quarter of the year (Q2). The bank said net interest income eased 2% from the previous...
Total income rose 18% to $4.17b during the quarter. Oversea-Chinese Banking Corporation Limited’s (OCBC) net profit grew 22% to $2.22b in the second quarter of 2026, up from $1.82b a year earlier. Total income increased 18% to $4.17b. However, net interest...
UAE leads Middle East for investments in the precious metal in the second quarter, World Gold Council says. Central banks bought a record 289 tonnes of gold in the second quarter, a 74 per cent annual increase, as geopolitical uncertainty...
Commercial lenders may need tighter internal models to contain interest rate exposure. Chinese banks could face greater volatility in lending yields as they increasingly price loans using interbank rates, requiring stronger asset and liability management to manage interest rate risks. Banks...
