Retail Banking

GoTyme surpasses 10 million users with retail ATM strategy

Customers can deposit and withdraw cash in 2,500 Robinsons retail stores in the Philippines.
2 days ago

Chinese bank loan growth to stay sluggish as retail confidence falters

Loan growth has slowed to between 3.8% to 8.8%, said Morningstar.
3 days ago

Philippine bank loans rise 12.1% in May despite softer card and auto loans

Loans for manufacturing and trade activities rose during the month.
4 days ago

Philippine central bank welcomes banks' move to cut fund transfer fees

An earlier circular directed banks to bring interbank transfer fees to zero.
4 days ago

Alipay links AI agent to 30 million Tap! devices

Merchant can talk to “Xiaoyu” and receive an analysis of their operations.
4 days ago

China bank assets grow 8% in Q1 despite rise in bad loans

Assets of large commercial banks grew faster than that of join-stock commercial banks.
4 days ago

Indonesia Big 4 profit grows 9.3% as state banks drive gains

BNI and BCA could take advantage of a high-interest rate environment, said CGSI.
5 days ago

Ujjivan Small Finance Bank rolls out mutual fund distribution services

It is available multi-channel such as via internet banking and mobile banking.
5 days ago

Philippine National Bank's property arm eyes PSE listing with no date set

PHC is undertaking the necessary documentation and preparatory steps for the listing.
6 days ago

Maybank Indonesia unifies five entities under single conglomerate

The move unifies governance, oversight, and operating framework of the companies.
6 days ago

ANZ names ex-NAB and Westpac exec to its board

Rachel Slade was most recently group executive, business and private banking at NAB.
6 days ago

Indian banks to post 10.1% profit growth in Q1 as NIM outlook splits

HDFC, ICICI, and Axis Bank may report a marginal NIM decline, Motilal Oswal said.

SEA fintech funding dips 4% in H1 despite Airwallex raise

Payments firm Airwallex raised $320m in its Series H funding round.

SME Bank Malaysia names Samad Majid Zain as CEO

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

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.

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

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