Retail Banking
RHB projected to log 50% full cash divided payout ratio for 2024
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.
Public Bank Group's net profit climbs by 12.4% to $427.36m in Q3 2024
Earnings per share stood at 9.85 sen.
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.
Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts
Costs are expected to rise and liquidity to fall over the next year.
Maybank's net profit up 8.5% in 9M FY2024
Non-interest income growth pushed up its profits.
Bank Central Asia's net profit climbs to $2.9b in 9M 2024
Net interest income grew by 9%, reaching $4b.
Why Singapore banks are a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
MUFG employee steals up to $12.9m from safe deposit boxes
At least 60 safe deposit box lessors are affected, the bank said in a statement.
AusPayNet welcomes Aussie gov’t retirement of cheques by 2029
Cheques will cease being accepted by financial institutions by 2029
Japan Post Bank posts $1.44b net income for H1 FY2025/3
This is 22.3% higher than the H1 period in FY2024/3.
SMFG reports $4.86b profit for H1 FY2024
Earnings per share (diluted) is JPY184.72 for the period.
Mongolian banks to benefit from government’s improve support capacity
Eight banks retained their stable outlooks, according to Moody’s Ratings.
Six Bangladeshi banks grapple with higher NPLs and gov’t risks
Three banks will see more BNPLs; two banks face deteriorating asset quality.
Norinchukin Bank reports JPY893.9b in losses for H1 FY2024
Its capital ratios have increased.
Commentary
Why high capital levels are a double-edged sword for Singapore banks