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.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance