Retail Banking

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.