Retail Banking
Thai banks have room to improve costs, loans in 2025: UOBKH
Thai banks have room to improve costs, loans in 2025: UOBKH
But loans extended to SMEs will continue to remain sluggish in quality.
3 days ago
Financial fragmentation threatens bank profits and lending
Globally, it can lead to nearly 280 million fewer jobs by 2030.
3 days ago
Hong Kong’s total deposits up 7.1% in 2024
Renminbi deposits fell, whilst RMB remittance rose in December.
4 days ago
Bangkok Bank nets 8.6% net profit rise in 2024
It attributed this to the recovery of tourism and exports.
5 days ago
RHB kiosks replace debit cards on the spot
The machines have handled 70% of the Malaysian lender’s card replacements.
5 days ago
Southeast Asian banks’ face mixed outcomes from shallower rate decline
Philippine and Singapore banks will be key beneficiaries if rates are higher.
5 days ago
HDFC Bank’s profit after tax up 12.3% for 9M FY2024/25
For the quarter ended Dec 2024, consolidated PAT was 13.6% higher.
6 days ago
Hong Kong banks to focus on resilience, costs in 2025: KPMG
Interest rate reductions are likely to be slower.
6 days ago
MUFG Bank reprimanded for securities-related lapses
MUMSS also received a strict warning from the Japan’s Association of Real Estate Securitization.
6 days ago
Toh Su Mei exits ANEXT Bank; Kai Qiu is new CEO
Ant International in the process of rolling out credit solutions for Thai MSMEs.
Auto industry may weigh on Kiatnakin Phatra Bank: analyst
Its Q4 2024 provision is 34% higher than in Q3.
MUFG secures 46.08 million shares of WealthNavi, will proceed with purchase
It closed the tender offer on 20 January 2025.
SCBX net profit inch up 1% YoY to $1.29b in 2024
Interest income is higher, but fee and investment/trading income are lower.
India allows foreigners living overseas to open rupee accounts
This is provided they use the accounts for transactions with a resident of India.
Vietnam transfers struggling banks' ownership to VPBank, HDBank
VPBank and HDBank now own GPBank and DongABank, respectively.
India names new advisory committee members for bank applications
RBI former deputy governor Shri M. K. Jain will serve as chairperson.
SeABank exceeds target with 31% YoY profit surge
The bank aims to record a 10% profit increase this year.
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