Retail Banking

Japanese banks see loans and deposits rise in November

Foreign banks saw their total yen-denominated loans jump 25.2% YoY.

Vietnam’s Cake Digital Bank achieves profitability

Revenue per user is US$12 in 2024, and payment transactions are $4.7b.

Australia’s ANZ appoints HSBC wealth head as next CEO

Nuno Matos will receive $2.5m fixed remuneration per annum and will relocate to Melbourne.

CommBank walks back on account migration

Select accountholders would have been moved to a tier that has an A$3 withdrawal fee.

Bank of East Asia taps Bi Ming-qiang as deputy chief executive

He brings 27 years of experience in the banking sector.

China's G-SIBs on track to meet minimum TLAC: Fitch

The five banks have issued about $110.12b in capital instruments yearly since 2019.

Asian banks score poorly in accountability mechanisms: survey

Across four key areas, the banks scored 3.5/10 on average.

South Korea compliant with Basel standards

These evaluations are part of the committee’s Regulatory Consistency Assessment Programme.

Chinese banks see improved earnings in Q3

Interest income and fee income declines narrowed.

Concerns over Teh Family's Public Bank stake sale “overdone”: analyst

The estate will dispose of a 13% stake in the Malaysian bank.

RHB projected to log 50% full cash divided payout ratio for 2024

The Malaysian bank is on track to surpass its 4.5% loan growth target.

South Korea tightens liquidity rules as market improves

The banking sector’s liquidity coverage ratio will be rolled back to 100% in 2025.

Mizuho Bank absorbs subsidiary to streamline operations

This aims to enhance the bank's call centres and online services.

Hong Kong total deposits up 5.8% YTD in October

Hong Kong dollar deposits grew, but renminbi remittances fell.

CIMB Group’s profit rise 12.57% in 9M 2024; EPS is MYR18.98 for Q3

The group expects its net interest margin to normalise and see some pressure in Q4.