Retail Banking

Bangkok Bank reports $358.91m net profit for Q3

Earnings per share is THB6.54 for the period that ended on 30 September 2024.

Hong Leong Bank's profit outlook positive amidst SME lending boost

It is projected to maintain tangible common equity at approximately 14% of risk-weighted assets.

China Bohai Bank sells $4.1b in assets to reduce risk

This sale is executed at a 30% discount to face value.

Bank Australia eyes growth with AUB buy

Currently, AUL is expected to continue supporting AUB until the transfer is complete.

Techcombank to sustain strong loan growth

It is also expected to maintain a risk-adjusted capital (RAC) ratio of 5.0 to 5.5%. 

Australian banks' credit risk rises amidst high debt, economic uncertainty

National Australia Bank reported an 8.1% decline in cash earnings.

Standard Chartered and Wise Platform team up to enhance SC Remit

Through this partnership, users can send funds in 21 currencies.

Citi reels in new head of commercial bank for Korea

He has over 23 years of experience in corporate banking.

Gov’t support keeps APAC banks stable

Each market has their own problems, such as floods and weak property demand.

ANEXT Bank, Schroders to launch investment funds to MSMEs

Over 30% of ANEXT’s customers are foreign business owners.

HDBank reports profit before tax of $500m for Q3

Its consumer finance arm HD SAISON grew its loan book by 15%.

Hong Kong’s digital banks play crucial role in developing the fintech ecosystem

Public acceptance of digital banks is increasing in the city.

BOCHK reports 6.1% higher net operating profit for Q3

There were reportedly more business opportunities as tourism recovered.

Hang Seng Bank eyes Middle East expansion

Its two subsidiaries already have collaborations planned in Saudi Arabia.

Thai banks to fall short of loan growth targets in 2024: analyst

Banks have a cautious stance as their lending policy for Q4.