Retail Banking

Southeast Asia’s $290b Islamic bank market poised for growth: S&P

 In Malaysia, Islamic banks may account as much as 45% of the commercial loan book.
4 days ago

Southeast Asia’s $290b Islamic bank market poised for growth: S&P

 In Malaysia, Islamic banks may account as much as 45% of the commercial loan book.
4 days ago

Citi Hong Kong launches program for women seeking work after career break

Successful candidates will be placed in a range of roles based on experience and skill set.
5 days ago

RHB, Boost secure Malaysian digital bank license

Boost will own 60% of the digital bank whilst RHB will own 40%.

Singapore banks report lower earnings in unison

DBS, OCBC, and UOB all saw their profits fall 10% year-on-year.

Hong Kong banks face ‘brain drain’ as talents flee amidst strict travel restrictions 

More expats may leave with their families when the school year ends mid-2022.

Weekly Global News Wrap: HSBC profits slide in 2021; UBS posts best Q1 profit in 15 years

And Swedish bank SEB signs up its first banking-as-a-service client.

Earnings challenges of Australia’s big four banks to ease: Fitch

Asset quality outcomes from the pandemic were less severe than expected.

Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak

The bank has the strongest capitalization amongst regional banks in Japan.

Chinese banks report double-digit profit growth in 2021

But they also face a difficult 2022 due to a triple whammy of challenges.

LINE Bank marks first year in Taiwan with 1.1 million users

The digital-only bank has been popular with young people.

Lockdowns, travel bans hurl new headwinds at banks in China, HK

Banks are expected to perform well in Q1, but market risks are on the rise.

Citi unveils 12-week sabbatical leave programme for long-time employees

The programme is available to employees in Singapore, Hong Kong, and Japan initially.

Citi appoints Angel Ng as head of APAC Global Wealth Management

She takes over from co-heads Fabio Fontainha and Steven Lo.

RHB appoints Mohd Rashid Mohamad as new group CEO

He formerly served as managing director of group wholesale banking.