Retail Banking
Chongqing Rural Commercial Bank’s profitability likely to be stable through 2026
Chongqing Rural Commercial Bank’s profitability likely to be stable through 2026
The bank still faces high asset risk, although it has built up strong buffers.
UnionBank of the Philippines rolls out pilot for easier retirement account opening
Users can now open PERA accounts using their bank or e-wallet data.
Australia’s Westpac to hire 350 bankers by 2027: report
It aims to enhance business banking and expand its market share in regional Australia.
PH digital bank GoTyme expands free InstaPay transfers to 20 per month
After the 20th transfer, each transaction will cost PHP 9.
SG banks’ uncertainty ratings revised to low as tariff risks ease
Their uncertainty risks were raised to medium in April 2025.
SMBC invests in fusion energy start-up
It aims to accelerate the establishment of fusion power reactors’ supply chains.
SMBC Aviation Capital joins holding company acquiring Air Lease Corporation
SMBC Aviation Capital will have a 4.99% equity interest in the holding company.
NAB names Inder Singh as group CFO and group executive, strategy
He joins NAB in March of 2026, whilst Shaun Dooley returns to his group CRO role.
Agricultural Bank of China may receive capital support in 2026
It is also expected to attract higher quality clients from smaller banks, says S&P.
Total deposits in Hong Kong inch up 0.2% in July
Hong Kong dollar deposits fell but foreign currency deposits rose.
Malaysia’s CIMB Bank reports 2.77% lower profit in H1 2025
Basic earnings per share is MYR46.69 for the period.
APAC banks keep strong footing as equity prices hit record highs
Optimism persists despite several risks to credit conditions remaining elevated, said S&P.
Higher interest rates, fees lifts MUFG’s profitability
Earnings contribution from subsidiary banks will also support its profitability.
Maybank’s net profit up 4% to $1.23b in H1
Loans increased in Malaysia and Singapore but fell in Indonesia.
South Korea’s new loans, deposit interest rates dip in July
Average loan rates to the corporate and household sectors fell.
Ping An Bank past the worst point for net profit growth: analysts
Net profit decline in Q2 was narrower than recorded in Q1.
SMBC builds Africa presence with four new collaborations
It aims to support trade and investment, financing, and alleviate food shortages, it said.
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