Retail Banking

Thailand's KBank targets 5-7% loan growth in 2023

Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
1 day ago

Thailand's KBank targets 5-7% loan growth in 2023

Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
1 day ago

High inflation, interest rates may increase Southeast Asian banks’ loan problems

Both asset quality and profits will weaken but should be manageable, says Moody’s.
1 day ago

Better rates, lower fees not enough for digital banks to make a profit: analyst

Those who can tap into their parents’ customer base have the best chance of success.
1 day ago

India’s Yes Bank saw profit drop 80% in Q4 2022: report

The bank aims to recover INR10b in the current quarter, its chief executive said.
5 days ago

Economic growth to cushion rising risks faced by ASEAN banks

Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.

China’s big four banks $550m short of meeting loss provision

Expect a flurry of senior non-preferred issuance bonds from the lenders.

Mizuho Bank inks MOU with Morocco’s Attijariwafa Bank for ESG collaboration

It expands their earlier business cooperation MOU signed in August 2019.

SMBC terminates capital alliance with Vietnam Eximbank

It will liquidate its entire equity ownership in the bank.

India’s HDFC Bank net profit up 18.3% in Q4

Net interest income and fee income rose to INR6,052.6 crore during the quarter..

Bank of Thailand issues consultation paper on virtual bank licensing

BOT is inviting comments and suggestions on the proposed framework by 12 February.

Indonesia’s Bank Danamon expected to hit $245m profits in 2023: analyst

Synergy with parent company MUFG will help grow its corporate and SME loans.

Robinsons Retail to buy 4.4% stake in BPI

Robinsons Retail will purchase 4.4% interest in the Bank of the Philippine Islands.

Citi names Aftab Ahmed as Citibank Taiwan chairman

Ahmed has worked in Citi for over 40 years.

Why the universal banking model is no longer sustainable

Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.

Citi winds down China consumer banking business

The exit does not include its institutional business, Citi said.

Foreign banks in China face growth challenges in 2023: Fitch

Their share of system assets in 2021 is just 1.4%, with only a 0.5% growth.