Retail Banking
Maybank’s net profit up 4% to $614.25m in Q1 2025
Maybank’s net profit up 4% to $614.25m in Q1 2025
They expect to continue to grow in the markets they operate.
Citi names Prashant Thakker as head of Asia South Corporate Bank
He has spent 18 years in Citi.
OCBC, UOB to maintain strong capital buffers through 2026: Moody’s
CET1 ratio and return on assets will decline, however.
MUFG invests in sustainability reporting and AI automation
Its banking subsidiary partnered with AI R&D company Sakana AI.
ANZ to roll out energy ratings option for energy performance evaluation
It will help homeowners identify opportunities for upgrades that will reduce bills.
Norinchukin reports $12.6b loss for FY2024
It aims for a JPY30b to JPY70b net income for FY2025.
Public Bank’s net profit up 5.6% to $413.6b in Q1
Return on equity is 12.4%.
DBS’ ‘superior’ funding franchise a buffer against volatile financial markets
However, problem loans are likely to increase, and profitability will decrease.
EastWest modernises retail and corporate operations with SaaS adoption
It expects to benefit the bank’s more than 3 million customers in the Philippines.
RCBC posts ₱1.517t in assets in strong Q1 2025 performance
The report showed a QoQ increase in both solo and consolidated assets. On a solo basis, RCBC’s total assets rose to ₱1.509t.
Vietnam’s two-year fintech sandbox takes shape
The trial, which will take effect on 1 July, is a step in the right direction.
Citi launches AI tools for Hong Kong employees
One tool can summarise, compare, and translate multiple documents at the same time.
UnionBank unveils fully digital personal loan application process
Loans can be provided in as fast as 5 minutes upon approval.
Security Bank partners with tax filing platform Taxumo to offer business loans
Loan products include an express loan, mortgage loan, and working capital loan.
SMBC names DBS MD as head of corporate banking for APAC
Joyce Tee brings three decades of experience working in the banking industry.
Mizuho to make additional $4.74m cash contribution into Trust company
It plans to acquire a maximum of 197,000 shares.
Weaker rupiah won’t weight much on Indonesian banks
There is a limited mismatch between their deposits and FX loans, says Fitch.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?