Retail Banking
CommBank adds extra confirmation step for NetBank logins
CommBank adds extra confirmation step for NetBank logins
Customers using the CommBank app will be prompted for confirmation.
18 minutes ago
Indonesia and Australia renew $6.2b bilateral currency swap agreement
It will last for 5 years.
27 minutes ago
Vietnamese banks may see up to 16% credit growth over next two years
Demand will come from the manufacturing, construction, and real estate sectors.
35 minutes ago
Bank of East Asia officially opens Global Services Centre
It is an IT Development & Test Centre for fintech solutions and AI adoption.
41 minutes ago
BDO Unibank’s net income up 12% to PHP82b on service businesses’ growth
NPL ratio is 1.83% and coverage is 145%.
50 minutes ago
Security Bank’s net income up 23% to $194m on higher interest income
Interest income rose 27.9% in 2024.
23 hours ago
Indian commercial banks’ lending up 11.8% in Q3 FY2025 on MSME demand
Credit offtake of public banks outpaced private banks.
23 hours ago
Malaysian banks’ impaired loans rose in January
Loan loss coverage ratio dipped to 128.6% from 129% previously.
1 day ago
Cake Digital Bank breaks even by meeting small needs
The Vietnamese digital bank owes its success to quick loans and low-limit credit cards.
1 day ago
PSBank hits all-time high net income of $89.97m on higher loans
Total gross loans rose 15% due to strong demand.
2 days ago
MUFG Bank to invest in life sciences investment fund
The fund aims to establish startups as well as develop and launch new drugs.
2 days ago
CIMB’s net profit up 10.7% to $1.71b in 2024
They’ve proposed a second interim dividend of 20 sen per share.
4 days ago
India’s restored risk weights offer modest impact to banks
The move will enhance flow of credit from banks to better-rated NBFCs.
4 days ago
Alliance Bank’s net profit up 7.9% to $123.9m in 9M FY2025
Overall loans rose 14.2%, with commercial loans growing fastest.
4 days ago
Visa and CIMB PH to deliver banking services to Philippine SMEs
They will offer a new business debit card by Q3.
5 days ago
Thai banks told to use dynamic pricing
They are struggling because their pricing strategy is not transparent and too reactive.
5 days ago
Maybank’s net profit up 7.9% to $2.27b in FY2024
Full-year dividend is 61 sen per share.
5 days ago
Commentary
Generative AI revolution: Asian banks on the brink of a new era
Navigating the Future: Banking Supervision and Risk Management in Asia in 2025
Fighting Back: How the Philippines is Addressing the Surge in Fraud