Retail Banking

CIMB Thai sells auto financing portfolio to Krungsri

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.

Standard Chartered and A*STAR lab to boost wealth, battle fraud.

The $11.7m tie-up with A*STAR brings together 10 A*STAR researchers to explore wealth support and fraud control.

NAB profit falls 19% to $1.98b on large notable items

Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.

Malaysia's $1.3b support package to prevent bad loan spike

The SME sector received similar support during the pandemic era.

Indonesia banks face tight liquidity through 2026: CreditSights

Higher energy prices will reduce room for fiscal spending, the report said.

AI bets could reshape costs and competition for Aussie banks

Customers are likely to positively view 24-hour support and shorter waiting times.

Ping An Bank profit rises 3% to $2.12b in Q1

Retail assets under management rose 1.2% during the quarter, said Ping An.

BDO Unibank’s net income up 6% to $1.42b in 2025

The bank said it is cautiously optimistic despite ongoing headwinds.

National Australia Bank settles overtime dispute with finance union

Certain teams in the bank were told they would not be paid overtime but get TOIL instead, according to the FSU.

HSBC Private Bank appoints Gautam Anand as Global India head

The cross-border private banking coverage consolidates under one leader across five hubs.

Maybank moves head office to Menara Merdeka 118

Maybank Islamic and Maybank Investment Bank are also relocating.

Japanese banks build hidden risk in offshore credit push

Currently, direct exposure to US private credit appears limited at Japan’s major institutions, Fitch said.

Indian banks’ outlook rests on reforms and underwriting gains

A prolonged Middle East tensions could pressure growth and margins, however.