Retail Banking
MUFG employee steals up to $12.9m from safe deposit boxes
MUFG employee steals up to $12.9m from safe deposit boxes
At least 60 safe deposit box lessors are affected, the bank said in a statement.
AusPayNet welcomes Aussie gov’t retirement of cheques by 2029
Cheques will cease being accepted by financial institutions by 2029
Japan Post Bank posts $1.44b net income for H1 FY2025/3
This is 22.3% higher than the H1 period in FY2024/3.
SMFG reports $4.86b profit for H1 FY2024
Earnings per share (diluted) is JPY184.72 for the period.
Mongolian banks to benefit from government’s improve support capacity
Eight banks retained their stable outlooks, according to Moody’s Ratings.
Six Bangladeshi banks grapple with higher NPLs and gov’t risks
Three banks will see more BNPLs; two banks face deteriorating asset quality.
Norinchukin Bank reports JPY893.9b in losses for H1 FY2024
Its capital ratios have increased.
India’s deposits surpass loan growth in Oct-Nov 2024
Higher term rates helped push up deposits, according to CareEdge.
Indonesian banks to see less intense loan competition in 2025
Banks are looking to solidify their market share.
Public Bank’s profitability to continue outperforming industry: Moody’s
It is expected to maintain a low problem ratio through 2025.
Bangkok Bank reports $358.91m net profit for Q3
Earnings per share is THB6.54 for the period that ended on 30 September 2024.
Hong Leong Bank's profit outlook positive amidst SME lending boost
It is projected to maintain tangible common equity at approximately 14% of risk-weighted assets.
China Bohai Bank sells $4.1b in assets to reduce risk
This sale is executed at a 30% discount to face value.
Bank Australia eyes growth with AUB buy
Currently, AUL is expected to continue supporting AUB until the transfer is complete.
Techcombank to sustain strong loan growth
It is also expected to maintain a risk-adjusted capital (RAC) ratio of 5.0 to 5.5%.
Australian banks' credit risk rises amidst high debt, economic uncertainty
National Australia Bank reported an 8.1% decline in cash earnings.
Standard Chartered and Wise Platform team up to enhance SC Remit
Through this partnership, users can send funds in 21 currencies.
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
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Why APAC banks must rethink their approach to the cost reduction challenge