Retail Banking

Chinese banks face $341b annual credit losses from tariff strains

Banks’ nonperforming assets are expected to peak at 5.9% in 2026.
8 hours ago

APAC emerging market banks to enjoy double digit credit growth: report

China and Thailand will feel the most pressure, especially Chinese banks’ margins.
8 hours ago

Security Bank enhances eKYC process in digital app

It has included enhanced fraud detection capabilities, including deepfake prevention.
8 hours ago

Softening property demand could push up Taiwan’s bad loans

Potential losses could be absorbed by the banks’ core earnings, S&P said.
8 hours ago

Mizuho Financial Group launches universal bank in Europe

Mizuho Bank Europe merged banking and securities services of two subsidiaries.
8 hours ago

DBS rolls out new benefits under its Heartland Merchant Banking Package

Merchants can save up to S$1,880 through waivers and cashbacks.
1 day ago

Vietnam’s LPBank to see asset quality pressures as it expands its retail loans

But stable capitalisation and improved profitability should provide a buffer, says Moody’s.
1 day ago

Bank of Makati joins the Philippines’ “Piso Caravan” program

There are now 141 financial institutions participating in the program, the central bank said.
1 day ago

SMBC, Fujitsu Limited to create data analytics business

Japanese companies reportedly want data-driven operations to improve efficiency.
4 days ago

Thai banks not “materially” affected by Myanmar earthquake

It only brought limited property damage and business disruption to Thailand, Moody’s said.
4 days ago

Philippine central bank eyes AI rules for banks

Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
6 days ago

Westpac appoints Kate Dee as chief people officer

She has been the chief people officer of Bupa Asia Pacific since 2018.
6 days ago

ANZ moves up incoming CEO Nuno Matos’ start date to May 12

Matos is most recently the CEO of HSBC’s Wealth and Personal Banking.
6 days ago

ICBC’s risk diversification supports resilience amidst China’s slowdown

Capitalization should be sufficient despite ICBC not being included in the first round of the government’s capital injection.
6 days ago

China’s Big 5 banks expected to boost lending with capital support

Fee income may also recover if new stimulus policies are effective, said CreditSights.
6 days ago

CITIC Limited logs 1.1% YoY profit rise to $8.01b in 2024

Earnings per share is RMB2.00, whilst the final dividend proposed is RMB0.36 per share.