Retail Banking
Digital banking platform market set to grow to $168.3b by 2032
Digital banking platform market set to grow to $168.3b by 2032
Growth in internet users and the shift to online banking will drive its expansion.
Singapore banks see H1 profit ease on margin, tax pressures
The big three’s profitability moderated from peal levels, noted Moody’s Ratings.
Westpac names Carolyn McCann as chief executive, consumer
McCann was previous group executive for customer and corporate services.
SoKor, Vietnam central banks ink MOU to strengthen cooperation
It specifies areas of cooperation in greater detail, the BOK said.
Malaysia’s SME Bank sees 158% increase in entrepreneurs financed in H1
About 1,632 have benefitted from the Maju Usahawan MADANI programme.
Techcombank names Jens Lottner as CEO for a second term
Lottner’s term, which takes effect on 18 August 2025, will be up to 2030.
PH central bank names new deputy governor for financial supervisory
Lyn Javier succeeded Chuchi Fonacier, who retired on 1 August 2025.
Krungthai Bank and partners establish virtual lender Clicx Bank
Clicx Bank has a registered capital of THB50m to start.
PSBank’s net income at $37.85m in H1 on loan book growth
Core revenues rose 7%, and operating expenses declined by 2%.
Philippine Business Bank’s net income at $18.75m in H1 2025
The bank will continue to focus on the SME market as its core strategy.
Gen Alpha’s high financial literacy challenges banking norms
Nearly all APAC children now have financial accounts.
Bank Rakyat Indonesia’s net income down 11.25% to $1.63b in H1
Operating income declined whilst net provisions for impairment losses rose.
BRI’s asset quality deterioration has likely peaked: UOBKH
Credit costs are expected to remain elevated at 3.2% and 3% in 2025/26, however.
India’s AU Bank clinches in-principle approval to become a universal bank
The Jaipur-based bank is said to be the largest small finance bank in India.
Norinchukin Bank logs $395.49m profit in Q1 FY2025
This is a reversal from its JPY412.7b loss a year earlier.
Philippine central bank eyes new rules to tackle online gambling
It will include daily limits to gambling-related transfers and time-based restrictions.
Indonesia, Malaysia, Thailand name new banks for local currency transaction framework
The banks will facilitate cross-border settlement of trade and investment.
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