Retail Banking

Bank of East Asia officially opens Global Services Centre

It is an IT Development & Test Centre for fintech solutions and AI adoption.

Malaysian banks’ impaired loans rose in January

Loan loss coverage ratio dipped to 128.6% from 129% previously.

Cake Digital Bank breaks even by meeting small needs

The Vietnamese digital bank owes its success to quick loans and low-limit credit cards.

MUFG Bank to invest in life sciences investment fund

The fund aims to establish startups as well as develop and launch new drugs.

CIMB’s net profit up 10.7% to $1.71b in 2024

They’ve proposed a second interim dividend of 20 sen per share.

India’s restored risk weights offer modest impact to banks

The move will enhance flow of credit from banks to better-rated NBFCs.

Alliance Bank’s net profit up 7.9% to $123.9m in 9M FY2025

Overall loans rose 14.2%, with commercial loans growing fastest.

Thai banks told to use dynamic pricing

They are struggling because their pricing strategy is not transparent and too reactive.

Thai digital banks urged to rethink playbook

They should acquire customers from the get-go with profit in mind.

Fubon Bank to benefit from UOB’s China retail banking exit: S&P

Fubon has the economies of scale to get more traction out of the business.