Retail Banking

Chinabank’s net income up 10% to $116.8b in Q1 2025

Chinabank’s net income up 10% to $116.8b in Q1 2025

Net interest income and total assets both grew double digits during the quarter.

Malaysia’s lending grew by 5.5% in Q1 2025

Household loans grew by 6% during the quarter.

BDO Network Bank is officially a thrift bank

It has secured regulatory approvals to convert from a rural bank.

Philippine bankers’ orgs ink MOU to improve banking skills

They will promote seminars, conferences, conventions, and training programs.

China’s property market stabilisation is good news for lenders

But regional banks will still struggle, as recovery of lower-tier cities is still “lagging.”

Bank Pembangunan appoints Maybank Islamic CEO as new chief

Dato’ Muzaffar Hisham is BPMB’s new group CEO.

Sumitomo Mitsui FG’s profit up 22.3% to $8.12b in FY2025

Its return on equity is expected to rise to 9% to 10% in the next five years.

Singapore banks deliver resilient Q1 earnings and reaffirms capital mgmt plans

Exposure to clients exporting to the US accounted for just 2% of loans.

SMBC names Luis Pereira as co-regional CIO for APAC

He will partner with Fumitaka Kato, co-regional CIO for APAC.

Credit Saison India secures $150m funding from Japan’s Mizuho Bank

Mizuho Bank had earlier made an equity investment for a 15% stake in the company.

China remains committed to supporting megabanks: analyst

The megabanks are expected to expand lending to support “national priorities.”

Japan’s SMBC is buying a 20% stake in India’s Yes Bank

Yes Bank is India’s sixth-largest private sector commercial bank in India.

Indonesian banks reap returns from IT investments

Bank Mandiri’s digital fee income grew by double digits.