Retail Banking

Philippine banks anticipate loan growth, steady NPL outlook

Most foreign and large banks anticipate their NPL ratios to be below 5%.

Thai banks to reduce credit costs towards Q4: analyst

Earnings rise of 2% on average expected for Q3.

Hong Kong banks can handle CRE risks: analyst

They’ve been implementing measures to lower China-related property exposures.

ZA Bank unveils foreign exchange time deposit

Users can access it via the deposit page in the ZA Bank app.

Technology to underpin future of financial services

Banks should boost their online infrastructure as digital assets become the norm.

Thailand received 5 applications for virtual bank licenses

It expects to announce the list of successful applicants by mid-2025.

MUFG Bank fined $1.75m for info management lapses

Sister firm MUMSS was separately fined $1.4m.

Thai banks join forces with billionaires, fintechs for virtual bank bid

Shopee's parent company, and banks SCB X and Bangkok Bank are amongst the aspirants.

Taipei Fubon Commercial Bank to achieve good profitability through 2025

Low credit costs and non-interest income will lift profitability.

Siam Commercial Bank unveils special fixed deposit account

It offers between 1.6% to 2.2% interest per annum.

Chinese banks’ earnings decline narrow, but retail NPLs could be an issue

Earnings of 16 large banks are 0.5% lower than in H1 2023.

Singapore’s financial sector employment rose 4,800 in 2023

The financial sector made up 14% of Singapore’s GDP in 2023.

China’s big four banks face $100b shortfall in loss-absorbing capital

The banks have not yet met their required loss-absorbing capacity levels.