Retail Banking

Singapore's Big 3 banks eye 6% profit growth on wealth momentum

DBS and OCBC are expected to have higher PATMIs than previously forecasted.
10 hours ago

CommBank's capital stays strong despite AT1 phaseout: S&P

APRA will begin classifying AT1 instruments as Tier 2 capital starting January 2027.
21 hours ago

CIMB’s profit falls 2.86% to $483m on lower interest income

NIM fell but CIMB sees early signs of this compression bottoming out.
1 day ago

Stablecoin circulation lags at $300b as banks focus on tokenised deposits

Banks are instead building tokenised deposit infrastructures, whose flows have reached over $4t annually.
3 days ago

CommBank tests AI banking assistant in app pilot

CommBank Companion will use live data to deliver financial info to customers.
3 days ago

Philippines to tighten oversight of pawnshops and NBFIs

The council is also working to improve its monitoring of risks and interlinkages in the system.
3 days ago

PNB cuts batch processing by 75% after two-year core banking over

This frees IT teams from late-night monitoring and troubleshooting.
3 days ago

More than half of Filipinos have financial accounts but few hold bank accounts

Lack of money and unemployment were amongst the biggest barriers to opening a bank account.
3 days ago

MAS backs Singapore's finance edge as global risks deepen

MAS’ new circular aims to reduce private bank account opening to just one month.
4 days ago

Japan Post Bank net income surges 26.8% to $3.31b on interest and fee gains

Net interest income and net fees and commission rose in FY2026/3.
4 days ago

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.
4 days 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.

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

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

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.

NAB refreshes app and internet banking

Around 98% of banking interactions in NAB are digital.

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.