Retail Banking
Japan’s SMFG completes transfer of securities business to UK subsidiary
Japan’s SMFG completes transfer of securities business to UK subsidiary
SMBC Nikko Capital Markets will be closing down its Abu Dhabi branch.
HK central bank, banking assoc express support for banking integrity charter
The HKMA and HKAB co-hosted the launching ceremony with ICAC.
Experts on future-proofing PH banks, revolutionizing insurance
Going against the norm when adapting growth strategies may be key.
Bank on people, not just tech— HSBC banker
Developing tech and talent go hand-in-hand, a senior HSBC banker said.
Why digital wallets must shed their ecosystem dependence
Experts noted the importance of forming the right strategy for sustainability and brand marketing.
Philippine central bank gearing up for digital marketplace, new digital banks
Up to four new digital banks may enter the market.
Kiosks, hybrid approach key to financial inclusion: BDO
BDO has introduced self-service kiosks and universal machines to entice unbanked customers.
Mongolian banks enjoy improved governance and asset quality
The listing of D-SIBS in 2022 has improved disclosure and asset quality.
Flooding impact on Thai banks ‘manageable’
Only a small number of branches have been affected.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
China property sector bailout to hit banks’ asset quality, solvency
Solving the issue of heightened inventory may cost 2.6% of China’s GDP.
Taiwanese banks face potential revenue drop in 2025
Fee income will be supported by loan growth and reshoring activities.
Techcombank eyes more business clients with southern expansion
Vietnam’s fourth-largest bank by assets seeks to expand in Ho Chi Minh City and surrounding regions.
Korean financial holding companies see higher net income in H1
The insurance sector buoyed the increase as income from banking and financial investments fell.
Malaysian central bank warns against three unauthorized financial entities
One of them is a potential clone entity.
China push to stimulate consumption may need more time
For banks, the lower mortgage rates could hurt profits in the short term.
IDFC First Bank, ICICI banking platforms rated best in India: Forrester
IDFC is the top-rated platform overall whilst ICICI was best in overall experience.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats