Retail Banking

Mizuho Bank absorbs subsidiary to streamline operations

This aims to enhance the bank's call centres and online services.

Hong Kong total deposits up 5.8% YTD in October

Hong Kong dollar deposits grew, but renminbi remittances fell.

CIMB Group’s profit rise 12.57% in 9M 2024; EPS is MYR18.98 for Q3

The group expects its net interest margin to normalise and see some pressure in Q4.

Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts

Costs are expected to rise and liquidity to fall over the next year.

Maybank's net profit up 8.5% in 9M FY2024

Non-interest income growth pushed up its profits.

Bank Central Asia's net profit climbs to $2.9b in 9M 2024

Net interest income grew by 9%, reaching $4b.

Why Singapore banks are a ‘safe haven’ from US market volatility

UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.

MUFG employee steals up to $12.9m from safe deposit boxes

At least 60 safe deposit box lessors are affected, the bank said in a statement.

AusPayNet welcomes Aussie gov’t retirement of cheques by 2029

Cheques will cease being accepted by financial institutions by 2029

Japan Post Bank posts $1.44b net income for H1 FY2025/3

This is 22.3% higher than the H1 period in FY2024/3.

SMFG reports $4.86b profit for H1 FY2024

Earnings per share (diluted) is JPY184.72 for the period.

Mongolian banks to benefit from government’s improve support capacity

Eight banks retained their stable outlooks, according to Moody’s Ratings.

Six Bangladeshi banks grapple with higher NPLs and gov’t risks

Three banks will see more BNPLs; two banks face deteriorating asset quality.

India’s deposits surpass loan growth in Oct-Nov 2024

Higher term rates helped push up deposits, according to CareEdge.

Indonesian banks to see less intense loan competition in 2025

Banks are looking to solidify their market share.