Retail Banking
CIMB’s net profits up 1.9% to MYR 1.97b in Q1 2025
CIMB’s net profits up 1.9% to MYR 1.97b in Q1 2025
Operating income and non-interest income both contracted.
HSBC Malaysia penalized $690,000 for customer screening non-compliance
Customers were reportedly onboarded without proper sanctions screening.
Indonesian and French central banks ink MOU on central banking cooperation
They will hold policy dialogues, joint studies or research, and data and information exchange.
Malaysia fines two banks for non-compliance with AML/ CFT requirements
BPMB reportedly did not properly screen existing customers for risk.
Weekly Global News Wrap: UniCredit doubles stake in Alpha; US banks eye crypto
And the American banking industry reported $70.6b in profits for Q1 2025.
Alliance Bank’s net profit up 11.1% to $46.6m in Q4
For FY3/26, DPS may rise to MYR0.27 and net profit to $200.6m.
India’s Saarathi Finance raises $55.5m in funding round
The NBFC plans to lend to MSMEs.
Hong Leong Bank’s net profit down 9.36% to $223.41m in Q3 FY2025
Its profit for the first nine months of the fiscal year is up 0.71%.
Japan Post Bank logs $2.86b net income for FY2025/3
The dividend is JPY58, with a dividend payout ratio of 50.6%.
Banking sector bucked trend with job posting increase in Q1
Companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa drove hiring.
Indonesia’s Eximbank to maintain ‘robust’ capitalisation
But its high stock of problem loans will continue to weigh on its net interest margin.
BDO’s asset quality stable whilst funding, liquidity its ‘key strengths’: Moody’s
Problem loan ratio coverage is one of the strongest in the Philippines.
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.
Commentary
Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how