Retail Banking
Chinabank’s net income up 14% to $222.83m in H1 2025
Chinabank’s net income up 14% to $222.83m in H1 2025
Both net interest income and net interest margin rose during the period.
SMBC sets up VC fund to invest in US fintech startups
It has a fund size of $300m.
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.
Malaysian bank’s gross impaired loans could rise by 5.6% in FY2025
Hong Leong Bank and Public Bank may be least impacted if GILs rise by 10%-30%.
SCB X net profit up 18.7% to $386.9m in H1
Q2 net profit rose 27.7% on higher investment gains and reduced losses.
Thought Leadership Centre
Most Read
1. Citi targets APAC insurance investments with new senior hires 2. OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia trade 3. Banks and insurers must chase AI value creation, not cost savings 4. Indonesia finance firms face narrowing window to monetise AI, BCG says 5. Singapore banks benefit from safe-haven flows amidst Middle East conflictResource Center
Read Here
Advertise
Sign Up
Event News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance