Retail Banking

BBTN Q2 profit surges 61.3% on lower costs and superapp growth

BBTN Q2 profit surges 61.3% on lower costs and superapp growth

The rapid expansion of the Bale app will deepen customer engagement and diversify its earnings.
1 day ago

TMBThanachart seen hiking dividends after early buyback completion

The bank still has THB14b budget remaining for share buybacks to 2028, said UOBKH.
1 day ago

Higher costs weigh on Bangkok Bank’s Q2 profit

The bank's opex rose 9% from Q1 on accrued expenses and IT-related costs.
1 day ago

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.
1 day ago

MariBank Philippines transitions to a digital bank license

It commenced operations as a digital bank on 18 July.
1 day 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
2 days 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.
2 days 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.
2 days ago

Krungsri maps out FX strategy with digital and currency expansion push

The Thai bank said it will deliver more tailored risk management solutions.
2 days ago

Indian private banks on track for robust loan growth

ICICI led in terms of returns, logging a return on assets of 2.46%.
2 days 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.
3 days ago

Which banks paid the highest penalties in Australia in H1

Penalties were doled out for misreporting and for failed responses to hardship requests.
4 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.
4 days ago

Revolut launches its first APAC bank in Australia

Revolut has an existing customer base of over 1 million in the country.
4 days ago

Will free bank transfers accelerate digital payments?

The Philippine central bank expects lower costs to boost digital payments.
4 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.
4 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.
5 days ago