Asia-Pacific
Banking and finance news from China, Japan, India, Australia, Southeast Asia, and the Pacific
Indonesia's Bank Mandiri H1 2026 consolidated net profit jumps 24.4% to IDR 30.4 trillion
Bank Mandiri's first-half profit rose to IDR 30.4 trillion as loans grew 19.9% and deposits 17.1%, with return on equity at 24.3% and the NPL ratio at 0.98%.
South Korea's Hana Financial Group reports record H1 2026 net income of KRW 2.4 trillion
Hana Financial Group posted record H1 2026 net income of KRW 2.4tn, up 4.4% YoY, with core earnings up 13% as fee income jumped 37.7% and offset one-off costs.
Germany's Allianz to acquire HSBC Life Singapore in S$2.7 billion deal with 15-year partnership
Allianz agreed to acquire HSBC Life Singapore for S$2.7 billion alongside a 15-year exclusive bancassurance partnership with HSBC Bank Singapore.
South Korea's Woori Financial Group Q2 2026 net income jumps 66% QoQ to KRW 1.005 trillion
Woori Financial Group posted Q2 2026 net income of KRW 1.005tn, up 66% QoQ and 7.4% YoY, with H1 profit up 3.7% and non-interest income up 20% YoY.
South Korea's Shinhan Financial Group Q2 2026 net income jumps 12.2% QoQ to KRW 1.82 trillion
Shinhan Financial Group reported Q2 2026 net income of KRW 1.82tn, up 12.2% QoQ, with H1 net income of KRW 3.44tn, up 13.3% YoY, and CET1 ratio of 13.43%.
Bank Indonesia holds BI-Rate at 5.75% in July after successive hikes
Bank Indonesia kept its BI-Rate at 5.75% and left the Deposit and Lending Facility rates unchanged after its 21-22 July Board meeting.
Thailand's Kasikornbank reports H1 2026 net profit of THB 27.9 billion, up 6.2% year on year
Kasikornbank posted first-half 2026 net profit of THB 27,915 million, up 6.22% year on year, while Q2 profit fell 9.68% quarter on quarter to THB 13,247 million.
Ant International closes approx USD 1.2 billion Series A round backed by Ant Group and Alibaba
Singapore-based Ant International raised approximately USD 1.2 billion in Series A funding from Ant Group, Alibaba and international investors.
Thailand's Bangkok Bank reports H1 2026 net profit of THB 20.5 billion, down 16.2% year on year
Bangkok Bank's first-half 2026 net profit fell 16.2% year on year to THB 20,492 million, with the second-quarter figure at roughly THB 9.5 billion, down 20% year on year.
India's Axis Bank reports Q1 FY27 operating profit of ₹11,659 crore, up 16% QoQ
Axis Bank posted a 16% sequential rise in Q1 FY27 operating profit to ₹11,659 crore, with advances up 19% and deposits up 18% year on year.
India's Kotak Mahindra Bank posts 26% rise in Q1 FY27 standalone net profit to ₹4,123 crore
Kotak Mahindra Bank reported a 26% year-on-year jump in Q1 FY27 standalone net profit to ₹4,123 crore, with gross NPAs improving to 1.18%.
India's ICICI Bank reports 16% rise in Q1 FY27 standalone net profit to ₹14,805 crore
ICICI Bank posted a 16% year-on-year jump in Q1 FY27 standalone net profit to ₹14,805 crore, with net interest income up 12.7% to ₹24,384 crore.