Retail Banking
Vietnamese banks may see up to 16% credit growth over next two years
Vietnamese banks may see up to 16% credit growth over next two years
Demand will come from the manufacturing, construction, and real estate sectors.
Bank of East Asia officially opens Global Services Centre
It is an IT Development & Test Centre for fintech solutions and AI adoption.
BDO Unibank’s net income up 12% to PHP82b on service businesses’ growth
NPL ratio is 1.83% and coverage is 145%.
Security Bank’s net income up 23% to $194m on higher interest income
Interest income rose 27.9% in 2024.
Indian commercial banks’ lending up 11.8% in Q3 FY2025 on MSME demand
Credit offtake of public banks outpaced private banks.
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.
PSBank hits all-time high net income of $89.97m on higher loans
Total gross loans rose 15% due to strong demand.
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.
Visa and CIMB PH to deliver banking services to Philippine SMEs
They will offer a new business debit card by Q3.
Thai banks told to use dynamic pricing
They are struggling because their pricing strategy is not transparent and too reactive.
Maybank’s net profit up 7.9% to $2.27b in FY2024
Full-year dividend is 61 sen per share.
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.
Commentary
Why high capital levels are a double-edged sword for Singapore banks