Retail Banking

Malaysian banks’ asset quality strong but profits to stay flat in 2024

A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
2 hours ago

Malaysian banks’ asset quality strong but profits to stay flat in 2024

A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
2 hours ago

Union Bank’s profit outlook dims on higher costs and riskier loans

It has less buffers for loan losses than lower-rated banking peers, Moody’s Ratings warned.
3 hours ago

Alliance Bank lowers fixed deposit rates

The counter rate for 1-month fixed deposits is now just 2.65% from 2.75%.
3 days ago

Taiwan’s Hua Nan’s asset quality to remain sound through 2025

Loans to SMEs and the property sector have improved, says Moody’s.
4 days ago

Robust employment, stable housing market anchors CUB’s profits

But net interest margin will likely stay flat or contract mildly.
4 days ago

Mebuki's profits to improve but unrealised losses to rise

Its problem loans ratio is stable due to strong borrower quality.
4 days ago

Techcombank’s Prasenji Chakravarti lays bare their ESG strategy

The bank is transforming its IT infrastructure to better process green data.
4 days ago

Rising rates lift profitability of Japan’s 77 Bank

The same rising rates will increase the bank’s unrealized losses on its domestic bonds.
5 days ago

Philippine National Bank’s profitability to improve on more SME loans

Liquidity is expected to decline as it accelerates lending in 2024.
5 days ago

India rejects 2 applicants for a small finance bank licence

Two other applications remain under examination.

Banks grapple through era of disruption by being the disruptor

Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.

ICBC planning $5.5b loss absorbing bonds sale: report

The world’s largest bank by assets is likely to issue CNY20b.

Transferable deposits drive South Korean banks’ deposit growth in March

Banks hold an outstanding KRW2.36t in deposits as of end-March.

Maybank issues apology following digital and payment service disruption

Customers were temporarily unable to make online and retail payments on 5 April.

HSBC sells Argentina banking operations with $1b loss

Grupo Financiero Galicia will be paying $550m for the unit.