Retail Banking

Westpac lends A$1b to 2,100 women entrepreneurs over 3 years

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.

NAB refreshes app and internet banking

Around 98% of banking interactions in NAB are digital.

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.

Mizuho Bank to become major shareholder of Rakuten Bank

Rakuten Bank may acquire corporate loans originated by Mizuho Bank, amongst others.

Australia rate hikes may slow lending at major banks

Refinancing activity could rise as borrowers search for cheaper mortgages.

UnionBank enables real-time cash deposits at 2,100 ECPay kiosks

The 2,100 ECPay kiosks can deposit up to $161 per transaction.

Mizuho clarifies ‘no decision yet’ on Rakuten Bank investment

Rakuten Bank said that Mizuho “has not made any decision” regarding the investment.

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.

BSN eyes retail and gold to push beyond mortgage-heavy roots

It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.

SMFG logs record profit of $10.02b in FY3/2026

The Japanese megabank aims for a $10.7b net profit for FY3/2027.

SMFG launches shareholder benefit program ahead of 2-for-1 stock split

They will be granted up to JPY30,000 worth of rewards points, amongst other perks.

Japan's megabanks eye record earnings as BOJ rate hikes boost margins

Their earnings may further rise over the next two years.