Retail Banking
RCBC unable to sustain improved capital amidst bad loans: Moody’s
RCBC unable to sustain improved capital amidst bad loans: Moody’s
Its NPL ratio is “one of the weakest” amongst its domestic peers, Moody’s said.
Let China’s small banks fail– analyst
China should follow Spain's footsteps and establish a fund pool against bankruptcies.
GoTyme Bank added 1.7 million new customers in H1
It now holds a total of $281.21m (PHP17b) in deposits.
Georges Elhedery is HSBC’s new group CEO
He is currently the CFO; Noel Quinn will retire on 2 September.
Growing fees, higher rates lift Sumitomo Mitsui Trust Bank’s profits
SMTH’s low-risk asset portfolio meant that profitability is weak.
Stronger deposit base buoys HDFC Bank’s improving profits
Return on assets of 1.8% is higher than the 1.3% industry average.
UOB Indonesia’s privilege banking clients granted free access to airport lounges
Customers can get up to 10 complimentary passes annually.
DBS Hong Kong has sufficient buffers for property downsides
The bank is expected to maintain strong capitalisation and profitability.
SG’s Maribank names ex-Trust Bank exec as new CEO
Natalia Goh takes over from Zheng Yudong, who will remain an advisor.
Banks to log $82b losses in 2024: S&P
This is due to credit costs normalisation and not asset problems.
Agent Banking's impact on financial inclusion in Bangladesh
Agent banking has a transformative role in bridging the financial inclusion gap in Bangladesh.
H2 rate cuts likely to boost Indonesian banks’ earnings
A rate cut cycle often leads to banks’ earnings accelerating.
Lower costs, new lending buoy Yes Bank’s improving profits
New lending will help it meet rules, and in turn reduce operating expenses.
South Korea’s household loans up 0.5% in H1
The outstanding balance of all household loans is KRW4.4t as of June 2024.
South Korea names 10 domestic systemically important banks for 2025
They are required to log a 1% additional capital surcharge in 2025.
How GoTyme kiosks transformed grocery stores into banking hubs
The digital bank onboarded two-thirds of its 3.4 million users through supermarket kiosks.
CIMB teams up with DHL to mitigate 20% of air shipments’ carbon emissions
CIMB will roll out the programme in its Malaysia and Singapore operations.