Retail Banking

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.

Indian banks ready for new loss provisioning framework: Fitch

The banking system’s average CET1 ratio is expected to decline by 30bp by FY2028.

Chinese megabanks’ assets grow 16% as Japan and India stalls

Singaporean banks’ assets also logged double-digit growth in 2025.

NAB names Connie Sokaris as group chief risk officer

Sokaris starts in her new role on 3 August 2026.

UOB's Q1 profit down 4% to $1.1b on lower fee and interest income

Trading and investment income also fell 13% compared to Q1 2025.

CIMB Thai sells auto financing portfolio to Krungsri

CIMB Group expects CIMB Thai’s ROE to improve to double digits after the sale.

Krungthai Bank sees costs staying in line as it prepares JV for bad loans

The Thai bank believes that wealth management will drive its income growth through 2028.