Retail Banking
ANZ China’s outlook stable amidst strategic position
It is expected to maintain its capital buffer over the next two years.
3 hours ago
ANZ China’s outlook stable amidst strategic position
It is expected to maintain its capital buffer over the next two years.
3 hours ago
SCBX reports 15.6% net profit decline in Q2
Economic growth fell short of expectations, SCBX’s CEO said.
21 hours ago
MUFG, subsidiaries submits business improvement plans to authorities
MUFG also apologised to its customers and stakeholders.
3 days ago
RCBC unable to sustain improved capital amidst bad loans: Moody’s
Its NPL ratio is “one of the weakest” amongst its domestic peers, Moody’s said.
4 days ago
Let China’s small banks fail– analyst
China should follow Spain's footsteps and establish a fund pool against bankruptcies.
6 days ago
GoTyme Bank added 1.7 million new customers in H1
It now holds a total of $281.21m (PHP17b) in deposits.
Georges Elhedery is HSBC’s new group CEO
He is currently the CFO; Noel Quinn will retire on 2 September.
Growing fees, higher rates lift Sumitomo Mitsui Trust Bank’s profits
SMTH’s low-risk asset portfolio meant that profitability is weak.
Stronger deposit base buoys HDFC Bank’s improving profits
Return on assets of 1.8% is higher than the 1.3% industry average.
UOB Indonesia’s privilege banking clients granted free access to airport lounges
Customers can get up to 10 complimentary passes annually.
DBS Hong Kong has sufficient buffers for property downsides
The bank is expected to maintain strong capitalisation and profitability.
SG’s Maribank names ex-Trust Bank exec as new CEO
Natalia Goh takes over from Zheng Yudong, who will remain an advisor.
Banks to log $82b losses in 2024: S&P
This is due to credit costs normalisation and not asset problems.
Agent Banking's impact on financial inclusion in Bangladesh
Agent banking has a transformative role in bridging the financial inclusion gap in Bangladesh.
H2 rate cuts likely to boost Indonesian banks’ earnings
A rate cut cycle often leads to banks’ earnings accelerating.
Lower costs, new lending buoy Yes Bank’s improving profits
New lending will help it meet rules, and in turn reduce operating expenses.
South Korea’s household loans up 0.5% in H1
The outstanding balance of all household loans is KRW4.4t as of June 2024.
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1. Let China’s small banks fail– analyst 2. DBS launches bond portfolio managed by BlackRock 3. OCBC unveils next-generation programme for wealthy customers 4. KPay merchants can now accept payments from HSBC’s PayMe app 5. HSBC, SBF to help Singapore businesses scale GBA, India, Middle EastResource Center
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The Future of Payments: Ensuring Stability, Embracing Innovation
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As technology continues to evolve, financial institutions must persist with refining seamless and secure payment experiences for consumers.
As technology continues to evolve, financial institutions must persist with refining seamless and secure payment experiences for consumers.
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Agent Banking's impact on financial inclusion in Bangladesh
Thriving with Basel III: Advanced Credit Risk Solutions for Malaysian Banks