Retail Banking

Automation stalls hiring at Singapore’s top banks

Lenders are also upskilling to keep up with tech.

Chinabank’s net income up 14% to $222.83m in H1 2025

Both net interest income and net interest margin rose during the period.

Malaysia fines Bank Islam Malaysia MYR3.44m for service disruptions and AML/CFT screening

BIMB had multiple unplanned downtimes between June 2023 and December 2024.

Aussie regulators update MOU to strengthen financial stability cooperation

The updated MOU sets out their respective roles for contributing to financial stability.

Lack of virtual bank licence ‘not a big problem’ for Bangkok Bank

It estimates that virtual banks’ business revenue will not be significant in the first 5 years of operations.

Australian banks to refund $60.5m to customers hit by high fees

Over 1 million customers have been moved into low-fee accounts, ASIC said.

Bank Negara Indonesia banks on wholesale loans for better loan growth in H2

The bank said its wholesale loan quality remains resilient.

BDO Unibank’s net income up 3% to $708.66m in H1

Net interest income and non-interest income both grew during the period.

UnionBank onboards 50,000 credit card and personal loan accounts monthly

The bank has reduced its onboarding time to 5–15 minutes.

MUFG and JICA establish sustainable finance framework

It will be applied by MUFG and four partner banks in Southeast Asia.

Viet commercial banks’ deposit and lending rates decline

BacABank, VIB, BAOVIET Bank, LPBank, and NCB have cut their deposit interest rates.

Investment gains boost Thai banks’ Q2 performances

Banks’ net profit is expected to soften in H2 2025.

KBANK credit costs’ set to exceed target on trade pressures

In the worst-case scenario, credit cost could rise to 170bp.

Krungthai Bank’s net profit dip 1% to $344.37m in Q2

Basic earnings per share is THB0.8 for the quarter.

Shinkin Central Bank’s strong liquidity backed by sticky member deposits

It has very low credit risk in its investment portfolio and loan book, says Moody's.