Retail Banking
Bangkok Bank’s net profit down 16.2% in H1 on lower interest income
Bangkok Bank’s net profit down 16.2% in H1 on lower interest income
Net interest income declined by 12.4% during the six-month period.
3 minutes ago
MariBank Philippines transitions to a digital bank license
It commenced operations as a digital bank on 18 July.
16 hours ago
Techcombank profit up 14.9% to $532.7m in H1 as insurance income doubles
The launch of its new life insurance company in Q1 accelerated the new premium collection
21 hours ago
PH central bank inks pact to share financial data in scam probes
It has safeguards to ensure that the info shared is only used for authorized purposes, the BSP said.
22 hours ago
Krungsri posts 6.8% profit rise to $501m as AI supply chain fuels corporate lending
Loans inched up just 0.4% overall whilst deposits fell by 2.8% in the H1 period.
22 hours ago
Krungsri maps out FX strategy with digital and currency expansion push
The Thai bank said it will deliver more tailored risk management solutions.
22 hours ago
Indian private banks on track for robust loan growth
ICICI led in terms of returns, logging a return on assets of 2.46%.
1 day ago
BSP signs MOA to close FDI data gaps between bank and firm records
The BSP will compile official statistics using shared corporate-level information from the SEC.
1 day ago
Which banks paid the highest penalties in Australia in H1
Penalties were doled out for misreporting and for failed responses to hardship requests.
2 days ago
HDFC Bank Q1 profit rises 4.98% to $1.97b as on interest income growth
Fees and commissions rose to $876m during the period.
2 days ago
Revolut launches its first APAC bank in Australia
Revolut has an existing customer base of over 1 million in the country.
2 days ago
Will free bank transfers accelerate digital payments?
The Philippine central bank expects lower costs to boost digital payments.
3 days ago
Chinese mid-sized banks clean up risks but domestic demand stays weak
Lenders are showing a declining shadow banking exposure and better transparency.
3 days ago
ICICI Bank Q1 profit surges 15.9% to $1.6b on more loans and fees
Both its loan portfolio and fee income recorded double-digit growth.
3 days ago
MariBank offers ShopeeVIP customers up to 2.88% interest
New bank customers get a bonus extra rate of 1.6% in the first 30 days of signing up.
3 days ago
Deutsche Bank pays A$2m for misreporting 260,000 OTC transactions
ASIC believes that the bank failed to take all reasonable steps to accurately report the data.
6 days ago
NAB's WealthHub fined for decade-long reporting lapses
WealthHub reportedly failed to accurately report data more than 9.5 million times.
6 days ago
Commentary
Asia plays part in $129t global credit market pool
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind