Retail Banking

SME Bank Malaysia names Samad Majid Zain as CEO

SME Bank Malaysia names Samad Majid Zain as CEO

He previously worked as a group chief operating officer at an investment bank.
8 minutes ago

SMBC names 13 new managing directors across APAC

The promotions span a variety of roles both front-facing and in the middle and back office.
1 hour ago

Krungsri partners Thailand Post to co-develop financial and insurance products

The Thai bank will use the postal carrier service to develop new offerings.
1 hour ago

HK bank scam complaints climb as AI tools weaponised

Deepfakes and generative AI use in scams are expected to increase.
1 day ago

Philippine banks brace for more bad loans and less profit

Fitch also flagged the rapid expansion in unsecured credit card receivables.
1 day ago

Philippine-based BPI to waive interbank transfer fees from 1 July

Transfers to banks and e-wallets will no longer cost $0.16 to $0.82.
2 days ago

Margin squeeze to hit Thai bank earnings

Loan growth holds up, but CGSI expects weaker profitability across eight lenders in Q2.
3 days ago

External shocks prompt risk control call for Hong Kong banks

Banks should capitalise on emerging sector-led controls like the Commercial Data Interchange, says KPMG.
3 days ago

Which Asian banks made it to the world's top public companies?

Three Chinese lenders made the Top 10 whilst Bank of America is the only 2003 top 10 survivor
6 days ago

NAB launches 24/7 security hub to tackle cyber and fraud threats

It will enable the bank to share information and identify threats in real-time, NAB said.

Neobanks serve 1 billion customers but lending gap keeps profit out of reach

Finastra and Moody's say moving from transaction revenue to lending and relationship pricing is what closes the profitability gap.

Australia flags excessive car finance fees in eight-lender review

One customer paid $6,222 in fees on top of typical lender and distributor fees.

TMBThanachart’s NIM to rise to 2.92% in Q2 as loans shrink

The bank is focusing on higher-yielding loan segments.

Capital relief may push Philippine banks toward excessive risk: analyst

 BSP sees rates on a higher for longer path with further tightening likely, said CreditSights.

ASB Bank fined $3.84m for 7 AML breaches

The bank admitted to seven breaches of AML/CFT rules.