Retail Banking
Busan Bank’s earnings to decline in medium term: Moody’s
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.
BPI net income up 23% to $461.09m
Net interest income rose 27% but non-interest income fell.
Line Bank Taiwan launches Fast Financial Platform
As of July, LINE Bank Taiwan has over 1.57 million users.
Asian banks see market cap value jump in Q2: study
Of the 25 global banks included in the report 13 are headquartered in Asia.
Malaysia's Public Bank funds $262,000 to eco-schools programme
The programme aims to promote climate education in schools using a project-based learning approach.
Japan’s SMBC Group launches UK commercial banking subsidiary
It’s head office is located at 100 Liverpool Street, London.
Hang Seng boosts digitalisation efforts, reveals HK’s first Smart Teller
Hang Seng reveals three new service and operational solutions.
Korea's NHI&S picks Citi as global custody provider for business expansion
A South Korean securities firm is expanding its business model to include trustee services.
AUB Philippines chairman title goes to Jonathan Ng
Ng will succeed Abraham T. Co, who has been elected as Vice Chairman.
SMBC Group's Jenius Bank offers personal loans to US market
Jenius Bank plans to expand its services through savings products and a mobile app.
India’s HDFC to offer 2% shares in NSDL IPO
This is equivalent to four million equity shares.
DBS upskills sustainable financing knowledge of 1,600 relationship managers
The bank will incorporate the workshops as part of its training curriculum for incoming RMs.
Korea allows formation of new nationwide bank for first time in 30 years
FSC plans to issue new banking licenses to bolster competition.
UnionDigital Bank bags $16m more in capital
It will be utilised to grow its digital loan offerings.
New Zealand picks Citi in banking services panel
Other new panel members are ANZ Bank and Westpac.
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1. Chocolate Finance to continue 3-6 day withdrawal time frame 2. OCBC CEO Helen Wong’s remuneration up 5.7% to S$12.8m in 2024 3. UOB unveils FDI Advisory Centre in South Korea 4. Singapore places fourth for most ‘ATMs near me’ Google searches 5. GXS Savings Account’s maximum balance raised to S$95KResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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