Consumer finance sector posts sharp profit growth

Consumer finance sector posts sharp profit growth

Many consumer finance companies are staging a strong comeback after restructuring, posting robust profit growth.
Banks see strong Q3 profits on surging forex trading

Banks see strong Q3 profits on surging forex trading

Banks recorded solid third-quarter earnings, with strong gains from foreign exchange trading helping cushion the impact of slower credit growth.
Banks step up to lure demand deposits

Banks step up to lure demand deposits

Competition among banks to lure demand deposits is becoming fiercer as the cheap capital source helps banks increase their net interest income (NIM) ratio.