Retail Banking

Johnson Yuan takes over from Liu Lihong, who is transferring to Japan.

UOB raised $2b with a final order book of $3.7b.

Compared to regional peers, Malaysia’s biggest lenders have the smallest share of loans under relief programs.

OFBank first began operating in June 2020 as a dedicated thrift bank.

And US FTC shuts down mobile savings app Beam.

Infrastructure and consumer issues remain, even with the framework laid out.

Customer satisfaction for e-wallets was higher than that of banks.

Credit growth is expected to accelerate mildly by 5% in 2021, according to Moody’s.

Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.

It offers up to 6% interest rate per annum.

The rules will also hopefully insulate firms' finances from other risks.

Banks can withstand NPL growth due to loan loss reserves.

Winnie Yap will be responsible for treasury solutions for Singapore firms.

The bank has given HK$650m in loans.

The failure has hurt the firm's credibility, it says.

This is due to an increase in loan-loss provisions, which grew 88.7% to $6.1b.