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BRIEFING - ASIA BANKING - FEB 28, 2007.

Publication: AsiaPulse News

Publication Date: 28-FEB-07
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COPYRIGHT 2007 Asia Pulse Pty Ltd

An executive briefing on banking for Feb 28, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

BAHRAIN'S AHLI UNITED BANK REPORTS 26 PCT RISE IN NET PROFIT

MANAMA - Bahrain-based Ahli United Bank (AUB) has announced a record consolidated net profit of US$207.5 million for last year.

The figure, attributable to the bank's equity shareholders, represents a 25.8 per cent increase from the $164.9 million net profit the company reported in 2005.

STANDARD CHARTERED'S INDIA OPERATIONS CLOCK US$403 MLN PROFIT

MUMBAI - Global bank Standard Chartered on Tuesday said its India operations have clocked a profit of US$403 million in the year 2006, up by 69 per cent on 2005.

The Indian share in the British group's profits has increased to 12.6 per cent from 8.8 per cent in December 2005, the bank said while announcing the results of Standard Chartered Plc.

INDONESIAN STATE BANKS LOSING MARKET SHARE TO PRIVATE BANKS

JAKARTA - State banks still keep the top three in the list of lenders in assets in the country but they have continued to lose market share to private banks..

By the end of 2006 Indonesian...

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