Retail Banking

Citi launches AI tools for Hong Kong employees

Citi launches AI tools for Hong Kong employees

One tool can summarise, compare, and translate multiple documents at the same time.

UnionBank unveils fully digital personal loan application process

Loans can be provided in as fast as 5 minutes upon approval.

Security Bank partners with tax filing platform Taxumo to offer business loans

Loan products include an express loan, mortgage loan, and working capital loan.

SMBC names DBS MD as head of corporate banking for APAC

Joyce Tee brings three decades of experience working in the banking industry.

Weaker rupiah won’t weight much on Indonesian banks

There is a limited mismatch between their deposits and FX loans, says Fitch.

Chinabank’s net income up 10% to $116.8b in Q1 2025

Net interest income and total assets both grew double digits during the quarter.

Malaysia’s lending grew by 5.5% in Q1 2025

Household loans grew by 6% during the quarter.

BDO Network Bank is officially a thrift bank

It has secured regulatory approvals to convert from a rural bank.

Philippine bankers’ orgs ink MOU to improve banking skills

They will promote seminars, conferences, conventions, and training programs.

China’s property market stabilisation is good news for lenders

But regional banks will still struggle, as recovery of lower-tier cities is still “lagging.”

Bank Pembangunan appoints Maybank Islamic CEO as new chief

Dato’ Muzaffar Hisham is BPMB’s new group CEO.

Sumitomo Mitsui FG’s profit up 22.3% to $8.12b in FY2025

Its return on equity is expected to rise to 9% to 10% in the next five years.

Singapore banks deliver resilient Q1 earnings and reaffirms capital mgmt plans

Exposure to clients exporting to the US accounted for just 2% of loans.

SMBC names Luis Pereira as co-regional CIO for APAC

He will partner with Fumitaka Kato, co-regional CIO for APAC.