Retail Banking

Thai banks’ net profits rose 5% in Q1

For 2025, the banks are expected to report lower NIMs and a 1% loan contraction.

CIMB Philippines says fund transfer issue ‘resolved’

All affected customers have had their funds returned, the bank said

Bangkok Bank, The Mall Group launch campaign to expand co-branded card customer base

They also plan to develop new products aimed for foreign tourists, especially those from China.

Eight financial institutions defaulted in 2024: S&P

Majority are NBFIs, and most are located in the Americas.

BSP ‘closely coordinating’ with CIMB to resolve unauthorized fund transfers

The BSP said that it will continue to monitor the issue until it is fully resolved.

Dah Sing Bank warns against seven fraudulent websites

Customers are reminded to check the URL and look for a secure padlock icon.

Trade tension woes may hurt Chongqing Rural Comm Bank’s net profits

The bank’s EPS may fall by 1.8% or grow by as much as 1.5% this year.

ANZ names Chris Raciti as country head of ANZ Singapore

He will also have oversight for eight markets in SEA, India, and the Middle East.

Japan’s Chiba Bank to maintain strong long quality, profitability: Moody’s

Its NPL ratio is lower than the average of large regional banks in the country.

Bank Central Asia’s low costs, strong liquidity steadies earnings growth

Ample liquidity and low funding costs will optimise its returns, Maybank Securities said.

BPI’s net income up 9% to $293.2m in Q1

The Philippine-based bank reported higher non-interest income and total revenue.

TMBThanachart Bank may see loans contract by 1.7% in 2025

Its Q1 net profit dropped 5% compared to the same quarter in 2024.

VPBank has enough buffers against asset risk: Moody’s

It has a ‘sizeable’ exposure to the real estate sector and tariffs may impact the economy.

Krung Thai Bank reports flat net profit growth in Q1

Net interest income and non-interest income were higher than a year ago.