Retail Banking

Household leverage has reached “unsustainable levels”, says S&P Global Ratings.

The bad loan ratio is expected to deteriorate, but it should be manageable.

Banks globally are expected to lose $824b in credit losses in 2024.

Total loans rose faster than the Malaysian banking industry average.

The interest rate for outstanding amounts of deposits and loans also rose.

The current CEO, Ivy Au-Yeung, will retire on 31 December.

The feature's purpose is to be a strong defence against malware and phishing scams.

The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.

Non-interest income and return of assets both fell during the quarter.

Profit before tax is up 14.4% in the first nine months of the year.

The Thai bank is injecting an additional US$226m in Bank Maspion.

Authorities to monitor debt serviceability of SMEs and households.

This was due to a rise of malware scams.

This marks Citi’s ninth and final full consumer divestiture in Asia.

Full year dividend is expected to be JPY100 for 2023.

Sachin Suryakant Rane was a senior police inspector before joining the bank.