Retail Banking

MAS backs Singapore's finance edge as global risks deepen

MAS backs Singapore's finance edge as global risks deepen

MAS’ new circular aims to reduce private bank account opening to just one month.
11 minutes 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.
1 hour 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.
1 hour 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.
6 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.

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.