Retail Banking

MariBank Philippines transitions to a digital bank license

It commenced operations as a digital bank on 18 July.
16 hours ago

Techcombank profit up 14.9% to $532.7m in H1 as insurance income doubles

The launch of its new life insurance company in Q1 accelerated the new premium collection
21 hours ago

PH central bank inks pact to share financial data in scam probes

It has safeguards to ensure that the info shared is only used for authorized purposes, the BSP said.
22 hours ago

Krungsri posts 6.8% profit rise to $501m as AI supply chain fuels corporate lending

Loans inched up just 0.4% overall whilst deposits fell by 2.8% in the H1 period.
22 hours ago

Krungsri maps out FX strategy with digital and currency expansion push

The Thai bank said it will deliver more tailored risk management solutions.
22 hours ago

Indian private banks on track for robust loan growth

ICICI led in terms of returns, logging a return on assets of 2.46%.
1 day ago

BSP signs MOA to close FDI data gaps between bank and firm records

The BSP will compile official statistics using shared corporate-level information from the SEC.
1 day ago

Which banks paid the highest penalties in Australia in H1

Penalties were doled out for misreporting and for failed responses to hardship requests.
2 days ago

HDFC Bank Q1 profit rises 4.98% to $1.97b as on interest income growth

Fees and commissions rose to $876m during the period.
2 days ago

Revolut launches its first APAC bank in Australia

Revolut has an existing customer base of over 1 million in the country.
2 days ago

Will free bank transfers accelerate digital payments?

The Philippine central bank expects lower costs to boost digital payments.
3 days ago

Chinese mid-sized banks clean up risks but domestic demand stays weak

Lenders are showing a declining shadow banking exposure and better transparency.
3 days ago

ICICI Bank Q1 profit surges 15.9% to $1.6b on more loans and fees

Both its loan portfolio and fee income recorded double-digit growth.
3 days ago

MariBank offers ShopeeVIP customers up to 2.88% interest

New bank customers get a bonus extra rate of 1.6% in the first 30 days of signing up.
3 days ago

Deutsche Bank pays A$2m for misreporting 260,000 OTC transactions

ASIC believes that the bank failed to take all reasonable steps to accurately report the data.
6 days ago

NAB's WealthHub fined for decade-long reporting lapses

WealthHub reportedly failed to accurately report data more than 9.5 million times.
6 days ago