Australia
NAB earnings outlook tempered by higher costs and loan competition
NAB earnings outlook tempered by higher costs and loan competition
The bank does have low levels of problem loans and a strong funding profile, Moody’s said.
12 hours ago
Westpac faces earnings pressure despite strong asset base: Moody’s
Its NPL ratio has improved and its deposit base is stable.
13 hours ago
Australia’s Ubank surpasses 1 million customers
It has named social media, particularly Tiktok, as an acquisition channel.
4 days ago
Westpac to pilot new community banking service
The bank will invest over A$65m to modernize its regional network.
4 days ago
Macquarie remains well capitalized despite compliance breaches
The Australian bank recently reported monitoring failures and short-selling misreporting.
Macquarie Group’s net profit up 3% to A$1.65b in H1 2026
Net operating income and operating expenses are both higher compared to a year earlier.
NAB sees net profit dip 2.9% to A$6.76b in FY2025
The group saw a deterioration in its business lending portfolio, the bank reported.
Aussie mortgage holders and renters lead in unpaid card debt: survey
Mortgage payers owe A$1,342 on average, compared to homeowners owing A$787.
Airwallex surpasses $1b in annual recurring revenue
The Americas and EMEA make up 35% of its revenue.
Australians pull back on spending to afford a home loan: survey
Despite this, 1 in 3 Australians believe that they will never afford their own home.
CBA reaffirms commitment to goodwill payments for affected customers
The bank has made approximately A$25m in goodwill payments to 87,000 accounts.
CBA’s digital home loan channel its fastest growing
First-time home buyers have become more comfortable with digital loans, CBA said.
ANZ warns H2 profit will be hit with $727.19m charges from significant items
This includes the A$240m ASIC settlement and A$285b related to PT Panin.
National Australia Bank pledges $39.3b to address housing crisis
Australia is not building enough homes to make housing accessible, the CEO said.
Digital assets considered financial products and subject to law: Aussie regulator
Providers of such products are required to have a financial services licence.
NAB’s Ubank expands Passkeys feature to online banking
The digital bank now enables fingerprint or facial recognition logins online.
Westpac unit RAMS fined A$20m for compliance failures
RAMS failed to supervise its reps to ensure compliance with credit law, amongst others.
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Carlo Mariano and Ivy Uy of East West Banking Corporation
Carlo Mariano of East West Banking Corporation shares how EWBC’s regulatory solution ensures compliance while putting customers first.
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Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections