Retail Banking

Philippine banks face ghost account reckoning amidst biometrics push

It is going down the same route as Vietnam, where a re-verification mandate shuttered millions of ghost accounts.
18 minutes ago

Higher provisions to squeeze Indonesia bank profits as geopolitical risks mount

An expectd 5% GDP growth should support an 8% to 9% loan expansion in 2026, said Fitch Ratings.
3 days ago

SMBC and Toshiba build quantum-driven Japan and US equity indices

Stocks will be chosen and weighted using Toshiba’s quantum computer.
3 days ago

Westpac lends A$1b to 2,100 women entrepreneurs over 3 years

Women-led businesses are starting and scaling up across Australia, said Westpac’s Paul Fowler.
3 days ago

NAB refreshes app and internet banking

Around 98% of banking interactions in NAB are digital.
4 days ago

Philippine banks face slower loans and rising credit costs in 2026

The Middle East war and an earlier graft scandal is weighing on loan demand, says CreditSights.
4 days ago

Mizuho Bank to become major shareholder of Rakuten Bank

Rakuten Bank may acquire corporate loans originated by Mizuho Bank, amongst others.
4 days ago

Australia rate hikes may slow lending at major banks

Refinancing activity could rise as borrowers search for cheaper mortgages.
5 days ago

UnionBank enables real-time cash deposits at 2,100 ECPay kiosks

The 2,100 ECPay kiosks can deposit up to $161 per transaction.
5 days ago

China bank margins to recover as rate cuts pause but NPLs linger

Retail loan NPLs are yet to peak, said UOB Kay Hian.
6 days ago

Mizuho clarifies ‘no decision yet’ on Rakuten Bank investment

Rakuten Bank said that Mizuho “has not made any decision” regarding the investment.
6 days ago

How will China’s bank restructuring law reshape the industry?

Stronger lenders may acquire stakes in weaker financial institutions.
6 days ago

ASIC holds $1.93b in unclaimed funds from old financial accounts

The largest single amount currently unclaimed is around $927,000 (A$1.3m).

Citi promotes Sutida Tambunlertchai to head commercial banking in Thailand

Citi has announced a slew of appointments over the past month.

Danamon and MUFG Indonesia explore potential integration by 2027

The integrated bank will remain a consolidated subsidiary of MUFG Bank.