Retail Banking
Affin Bank profit seen lower in H2 on policy rate cut
Affin Bank profit seen lower in H2 on policy rate cut
Its net profit rose 17% in H1 on its interest and non-interest incomes expanding.
Union Bank of the Philippines hires senior officers for compliance
A new relationship manager has also been appointed.
Philippine cash remittances up 3.7% to $2.99b in June
The US remained the top source of remittance to the Philippines.
ANZ names Ender Tanar as ANZ Japan country head
He has been ANZ country head in Germany for seven years.
Indian banks face modest exposure to US tariff-hit sectors
They should be able to manage the credit costs and asset quality.
Japan Post Bank’s net income up 8.9% to JPY104.86b in Q1 FY2026/3
Net income per share is JPY29.29, according to its consolidated financial results.
National Australia Bank fined $15.5m for failing to respond to hardship claim
NAB and subsidiary AFSH are required to publish an adverse publicity notice.
Security Bank accelerates digital transformation with fresh apps
MSMEs are a key focus of the Philippine lender’s modernization efforts.
Digital banking platform market set to grow to $168.3b by 2032
Growth in internet users and the shift to online banking will drive its expansion.
Singapore banks see H1 profit ease on margin, tax pressures
The big three’s profitability moderated from peal levels, noted Moody’s Ratings.
Westpac names Carolyn McCann as chief executive, consumer
McCann was previous group executive for customer and corporate services.
SoKor, Vietnam central banks ink MOU to strengthen cooperation
It specifies areas of cooperation in greater detail, the BOK said.
Malaysia’s SME Bank sees 158% increase in entrepreneurs financed in H1
About 1,632 have benefitted from the Maju Usahawan MADANI programme.
Techcombank names Jens Lottner as CEO for a second term
Lottner’s term, which takes effect on 18 August 2025, will be up to 2030.
PH central bank names new deputy governor for financial supervisory
Lyn Javier succeeded Chuchi Fonacier, who retired on 1 August 2025.
Krungthai Bank and partners establish virtual lender Clicx Bank
Clicx Bank has a registered capital of THB50m to start.
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