Retail Banking
Kasikornbank increases stake in Indonesia’s Bank Maspion to 84.55%
Kasikornbank increases stake in Indonesia’s Bank Maspion to 84.55%
The Thai bank is injecting an additional US$226m in Bank Maspion.
Thai banks’ profits improve in Q3, but bad loans also rose
Authorities to monitor debt serviceability of SMEs and households.
Bank of China HK disables screen capture, recording on Android apps
This was due to a rise of malware scams.
Citi completes sale of Indonesia consumer business to UOB
This marks Citi’s ninth and final full consumer divestiture in Asia.
Japan’s Mizuho Bank sees profits rise 24.4% in H1
Full year dividend is expected to be JPY100 for 2023.
HDFC Bank names new chief of internal vigilance
Sachin Suryakant Rane was a senior police inspector before joining the bank.
Greenwashing in banking: real concern or overblown issue?
Reputational risks abound for those who drag their feet about sustainability or engage in greenwashing.
Landbank records highest-ever nine-month net income at $558m
Net income jumped 24% during the period compared to a year ago.
SCB X profits weighed by high credit costs, weakening asset quality
The bank will benefit from the interest rate hike, but peak by Q4 and gradually decline after.
KBANK net profit up 7% in Q3, but low dividends raise concerns: analysts
A substantial growth in net income helped drive up profits for the quarter.
How can financial institutions build customer loyalty in the modern era?
It’s no longer just about giving perks, but about offering experiences, industry leaders said.
SeABank transfers 100% capital contribution at PTF to AEON arm
The transfer is valued at VND4.3t ($1.8m).
Mizuho launching universal bank in Europe, to close offices in 4 cities
The new bank will be based in Amsterdam, with offices in Frankfurt, Madrid, and Paris.
South Korean banks’ deposits up US$19.9b in September
Transferable deposits rose substantially, whilst time deposits fell.
Ensuring Operational Resilience (OR) in Japan
Initiatives from BCM (Business Continuity Management) to OR.
Citigroup’s net income rises 2% to $3.5b in Q3
Revenue was 9% higher at $20.1b during the quarter.
Mizuho Bank unveils progress report for business improvement plan
It is also in the process of reforming company culture through a new corporate identity.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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