Retail Banking
Japanese banks seek higher interest incomes on rising rates, tamed deposit costs
Japanese banks seek higher interest incomes on rising rates, tamed deposit costs
Credit costs and nonperforming loans remain stable for the banking sector.
OCBC to maintain Great Eastern support despite failed full acquisition: report
GEH is expected to maintain its healthy capitalization and profitability, says S&P.
Japan’s megabanks brace for lower earnings growth on US uncertainties
They only expect a 7.9% net income growth, lower than the 25.3% previously.
SMBC invests in space transport and satellite integration startup
The megabank seeks to help grow Japan’s space industry.
Krungthai Bank to perform ATM system maintenance
ATM and ATM+ services won’t be available on certain dates and times in July.
SEA fintechs’ funding drops 22% to $776m in H1 2025
Late-stage investments rose but seed stage and early-stage funding both fell.
Beyond the code: How mobile banking is weaving a new financial narrative in Asia
For too long, banks have treated their mobile apps as mere extensions of their physical branches.
Stablecoins bill brings stricter oversight, opportunity to Hong Kong
The digital tokens could support cross-border payments and smart escrow.
ANZ customers to spend $280m in Europe travel this summer
Hotel and airline bookings surged 11% in Jan-May 2025.
Weekly Global News Wrap: Santander to buy TSB; BPER increases BPSO
And India plans to withdraw $11.7b of excess liquidity worth from the banking system.
Banks in China, Australia see market caps rise in Q2 on falling interest rates
In contrast, Japanese megabanks and DBS saw their market caps fall.
Nearly 2 in 3 Hong Kongers hold a digital bank account
Respondents said digital banks outperform incumbents in account opening promotions.
Thailand’s SCB surpasses sustainable finance target
It has disbursed THb180b, already past the THB150b target.
Six banks penalized in Singapore for AML breaches
Credit Suisse’s fine also accounts for separate breaches related to US customer accounts.
EXIM India has strong solvency, although capital to moderate
It will enjoy strong funding access due to its government affiliation.
AusPayNet launches public consultation on account-to-account payments
They aim to identify current and future payment needs and expectations of users.
Aussie banks welcome confirmation of payee system
It will check if the account names and numbers entered by the payer.