Retail Banking

Sumitomo Mitsui FG’s profit up 22.3% to $8.12b in FY2025

Its return on equity is expected to rise to 9% to 10% in the next five years.
14 hours ago

Singapore banks deliver resilient Q1 earnings and reaffirms capital mgmt plans

Exposure to clients exporting to the US accounted for just 2% of loans.
1 day ago

SMBC board opposes proposals to amend articles on financial and climate risk

The board said that the proposals are inappropriate.
1 day ago

SMBC names Luis Pereira as co-regional CIO for APAC

He will partner with Fumitaka Kato, co-regional CIO for APAC.
1 day ago

Credit Saison India secures $150m funding from Japan’s Mizuho Bank

Mizuho Bank had earlier made an equity investment for a 15% stake in the company.
2 days ago

TMBThanachart Bank’s net profit down 5.17% to $152.7m in Q1

Earnings per share is THB0.05 for the period.
2 days ago

China remains committed to supporting megabanks: analyst

The megabanks are expected to expand lending to support “national priorities.”
2 days ago

Mizuho joins initiative to promote sustainable aviation fuel adoption in APAC

It is the only Japanese company amongst founding members.
3 days ago

Japan’s SMBC is buying a 20% stake in India’s Yes Bank

Yes Bank is India’s sixth-largest private sector commercial bank in India.
3 days ago

Indonesian banks reap returns from IT investments

Bank Mandiri’s digital fee income grew by double digits.
3 days ago

Cake Digital Bank’s facial biometrics clinches highest-level ISO certification

Its system verifies without need for interaction such as blinking or facial gestures.
4 days ago

Malaysia’s development banks told to plug lending gap for MSMEs

Productive sectors need more capital to stimulate the slowing economy.

Jeju Bank will still have Shinhan FG support despite diluted stake

The Korean bank will expand its business outside of Jeju Island, says Moody’s.

OCBC’s net profit rose 5% to S$1.88b in Q1 2025

Earnings per share is S$1.68 for the quarter.

NZ banks have ‘strong capital and liquidity buffers’ to maintain credit flows

Risks have risen, but the banks remain profitable and bad loans will decline.