Retail Banking
Vietnam’s HDBank registers $232.4m in profits for first semester
Vietnam’s HDBank registers $232.4m in profits for first semester
It also finished adopting Basel III standards.
HSBC names UBS banker as new head of global private banking for SA
Tommy Leung will take over the role on 19 October.
India assures banks it’s ready to manage outflow of Russian funds: report
Russian companies have accumulated billions of rupees in local banks.
Mizuho Financial Group reports $1.71b in profits for Q1 FY2023
Net income per share of common stock is JPY96.75 for the quarter.
Standard Chartered Asia's income up 23% in H1
11 Asian markets registered record incomes.
Ardshinbank clinches top honour as the Domestic Retail Bank of the Year - Armenia
Their exceptional growth and customer-centric approach secure the prestigious ABF Retail Banking Award.
UOB net profit up 53% in H1; 85 cents interim dividend announced
Net profit was S$1.4b in Q2 when including the one-off Citigroup integration expenses.
StashAway, family office firm to offer clients with more investment options
ACP clients can invest in private equity managers such as KKR, SilverLake, and Khosla Ventures.
Weekly Global News Wrap: UBS shoulders US$388m payment over CS’s Archegos ties; UK to meet with banks on account closures
US authorities tell banks to fix inaccurate financial statements.
Mizuho Bank highlights innovation in new corporate tagline
It comes after the Japanese megabank launches its new medium-term business plan.
SG incumbent banks unlikely to take hit from neobanks' deposit cap raise: Fitch
Digital banks could face challenges beyond funding.
Public Bank enhances security measures against scams
This warning goes on the back of a recent social media scam that promoted small-interest loans.
Bangkok Bank’s net profits surge by 52.2% in H1
This follows after a 36% increase in the bank’s net interest income during the period.
OCBC establishes chief sustainability role, nominated Mike Ng
Mike Ng will assume the group CSO position on 1 August.
Busan Bank’s earnings to decline in medium term: Moody’s
Profits will decline due to a modest narrowing of net interest margins to 2% in 2023.
Korea’s Kyongnam Bank face rising loan risks from SMEs, real estate financing: analyst
Profitability is expected to decline slightly, but it should maintain sufficient capital buffer.
Singapore banks face tepid loan growth; interest margins to peak in 2023
Banks may face some backsliding in its bad loans ratio, S&P’s Ivan Tan warned.
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1. Johor-Singapore economic zone seen attracting regional firms: OCBC 2. Thailand tightens anti-money laundering measures after UN report 3. HSBC clinches Citi banker to head int’l wealth hub in Singapore 4. Hong Kong launches incubator for banks’ adoption of DLT 5. South African fintechs look to Hong Kong for fundingResource Center
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ABF Retail Banking Awards 2024 Winner: Standard Chartered Bank - Florence Wong
Winner of the Employer Award of the Year - Silver at the ABF Retail Banking Awards 2024, Standard Chartered Bank prioritises employee development.
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Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks