Retail Banking

UnionBank raises $282.5m in fixed rate bonds

It plans to use the proceeds to extend term liabilities, expand funding base, etcetera.

Kyongnam Bank likely to maintain good funding through 2026: Moody’s

But construction and retail sector loans may be a weakness.

Busan Bank’s asset quality and profitability poised to further weaken: report

It should maintain a strong funding structure thanks to its deposit base, however.

NAB nabs Llyods UK banker as new group chief for digital, data, AI

Pete Steel previously spent 16 years at the Commonwealth Bank of Australia.

Ping An Bank to maintain moderate profitability: Moody’s

Its write-offs and derisking of asset mix will keep asset quality stable.

Thailand’s SCBX names Arak Sutivong as next CEO

Incumbent CEO Arthid Nanthawithaya’s term will conclude on 31 December 2026.

India’s banks poised for growth despite margin and cost pressures

Impaired loans ratio and credit costs for most banks have bottomed, Fitch said.

Chongqing Rural Commercial Bank to hold steady through 2026

But formation of new bad loans remains a risk to its asset quality.

Thai banks’ earnings expected to drop 9% in Q2 on higher credit costs

Kiatnakin Phatra and SCB X will likely log an increase in credit costs.

ANZ’s group executive for Australia retail is retiring

Maile Carnegie will retire from the role on 1 July 2025.

Thailand names three successful virtual bank applicants

They will need to begin business operations by June 2026.

Shoko Chukin Bank face high problem loans but profitability improving

The higher problem loans ratio may be due to its focus on the SME segment.

Taipei Fubon Commercial Bank well-buffered to withstand market volatility

Asset quality of corporate lending will weaken moderately, however.

ASIC issues warning to influencers promoting high-risk financial products

The influencers are providing unauthorised financial product advice, ASIC said.

Malaysia rolls out innovation lab for climate finance solutions

Greater private sector involvement is needed to accelerate Malaysia’s climate journey.