Retail Banking
VPBank’s stake sale to SMBC to uplift its capital, balance growth plan
VPBank’s stake sale to SMBC to uplift its capital, balance growth plan
But “aggressive” growth plan, real estate sector woes will weigh on asset quality.
Australia, New Zealand’s banks face higher costs, weaker profits in H2 2023
Overall performance will be broadly similar to 2022, according to S&P Global Ratings
Bank of Ayudhya’s profitability recovers to pre-pandemic levels
Bad loans are expected to stay at a ratio of 3% over the next 12 to 18 years.
End-to-end redesign, customer satisfaction key trends for Thailand’s banking leaders
Industry leaders and experts from 29 different organisations gathered for the Asian Banking & Finance Bangkok forum held at JW Marriott Bangkok on 4...
BPI launches refreshed mobile app
New clients can open an account within five minutes with just one valid ID.
Japan Post Bank maintains strong liquidity in 2023, but profits still weak: Moody’s
Diversifying its bond portfolio will improve profits but exposes it to more risk.
CIMB on track to realise sustainability goals
The bank doubled its sustainable finance target after achieving the initial target in 2022.
OCBC NISP allocates $87.5m of 2022 net profits as cash dividend
The bank’s annual general meeting of shareholders saw changes made to its board of directors.
Cambodia’s Phillip Bank teams up with property development Sarita Waterside
Foreign investors can enjoy a buy back option when purchasing villas at Sarita Waterside.
Hang Seng Bank names Cheung Ka Ki as head of corporate governance
Cheung is also the new company secretary beginning 17 April.
Weekly Global News Wrap: Credit Suisse chairman apologises to shareholders; EU banks must be “conservative” with dividends, payouts
And JPMorgan Chase & Co CEO Jamie Dimon said banking crisis not yet over.
Revenue pressures to weigh on Chinese banks in 2023
Loan growth will remain tepid at 11%.
BDO Unibank partners with Hyakujushi Bank
BDO will provide banking support services to HBL customers in the Philippines.
CCB Asia, FWD launch enhanced bancassurance service with Open API
Customers can receive approval for their insurance policies in as fast as 1 working day.
HSBC Singapore announces new board of directors
Their appointments is effective starting 4 April.
Hang Seng China unfolds cross-boundary wealth management centre in GBA
It is the first cross-boundary wealth management in China.
Citi names Rajak Madhok as global head of Citi Commercial Bank credit risk
Madhok will relocate to New York.
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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