Retail Banking

Westpac faces earnings pressure despite strong asset base: Moody’s

Its NPL ratio has improved and its deposit base is stable.

OCBC adds 8 SEA e-wallets in digital app

Customers in Singapore can now directly transfer money to 10 e-wallets.

Fubon Bank to sustain retail deposit growth and buffers

The bank’s loan-to-deposit ratio has improved and is below the industry average.

Japan Post Bank’s net income up 7.8% to $1.55b in H1 FY2026/3

It has not revised its net income forecasts for the year.

MUFG now Sakana AI’s largest Japanese investor

Its projects include an AI capable of rewriting its own code for self-improvement.

GCash PocketPay enables NFC devices to become payment portals

Any android device with NFC can accept contactless Visa and Mastercard payments.

AMINA HK can now offer crypto spot trading, asset safeguarding

Its services include 24/7 crypto spot trading, and crypto deposits and withdrawals.

VPBank names Felix Brill as head of international locations

Brill will be responsible for the client business in Switzerland, Luxembourg, and Singapore.

Banks’ outlooks steady despite geopolitical risks and possible tariff shocks

These lenders have “satisfactorily contended” with stressful conditions over the past five years.

Australia’s Ubank surpasses 1 million customers

It has named social media, particularly Tiktok, as an acquisition channel.

SMFG’s profit rose 28.72% to $6.04b in H1 FY2025

Its comprehensive income more than doubled during the period.

Mizuho Financial Group’s profit up 21.8% to $4.46b in H1 FY2025

Its comprehensive income rose 42.8% although ordinary income was 5.4% lower.

Macquarie Group’s net profit up 3% to A$1.65b in H1 2026

Net operating income and operating expenses are both higher compared to a year earlier.

Philippine banks’ profits up 4.1% to $3.35b in H1 2025

Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.

NAB sees net profit dip 2.9% to A$6.76b in FY2025

The group saw a deterioration in its business lending portfolio, the bank reported.

Fighting fraud in the digital banking age

Cybercriminals are exploiting new weaknesses, with digital document forgeries up 244% year-over-year.