Retail Banking

CBA to retain capital levels despite buyback, high dividend payout

Cash net profit after tax declined 2% in the latest financial year.

South Korea’s corporate loans rise in July; deposits decline

Tax payments and outflow of funds for various reasons led to the drop.

OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN

Multinationals are likely to hasten their ASEAN expansion.

Philippine central bank to grant up to 4 new digital bank licenses

The moratorium for new licenses will be lifted on 1 January 2025.

Six Thai banks to sustain improved earnings through 2026: Fitch

They are well-positioned to face risks after years of excessive provisioning.

Krung Thai Bank likely to miss loan growth target for 2024: analyst

Government loan demand will rise but yield will be lower.

Manufacturing, household spending weigh on KBank’s Q2 net profits

Net profit for the quarter is 6.18% lower than in Q1.

Metrobank’s net income up 9.6% in Q2

The bank reported higher gross revenue and expenses for the quarter.

Philippine Business Bank’s net income is $9.02m in Q2

The SME-focused bank announced a PHP0.64 EPS for Q2.

Higher interest and fees lift Japan’s SMFG to record profit for Q1

Net interest income is expected to rise by a further JPY100b.

Malaysia launches amended Money Services Business Act

It clarifies offenses and the punishment for illegal operators.

South Korea’s deposit, loan interest rates dip in June

Average interest rates for new and outstanding loans and deposits fell.