Retail Banking

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

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

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

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

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

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

It will liquidate its entire equity ownership in the bank.

And Spain’s BBVA says it will exceed 2021 dividend.

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

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

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

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

Ahmed has worked in Citi for over 40 years.

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

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

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