Retail Banking

Major Japanese banks’ profits up 40.29% in H1 FY2024

Their NPL ratio was lower than in March, but still higher than in September 2023.

RCBC names Anthony Cariaso as deputy CEO

The Philippine bank announced a slew of leadership changes.

ING names James Haines as Japan country manager

Haines was a general manager and deputy group head at Aozora Bank.

Vietnam, Cambodia to strengthen ties in central bank management

Both parties also reaffirmed their commitment to connect retail payments using QR codes.

SEA, Japanese banks vie for Panin Bank’s state: report

OCBC and CIMB are interested, whilst Maybank is exploring a potential bid, according to sources.

DBS names new Singapore country head, group head of IBG

Han Kwee Juan and Lin Him Chuan will take over their new roles on 1 Jan 2025.

Japanese banks see loans and deposits rise in November

Foreign banks saw their total yen-denominated loans jump 25.2% YoY.

Vietnam’s Cake Digital Bank achieves profitability

Revenue per user is US$12 in 2024, and payment transactions are $4.7b.

Australia’s ANZ appoints HSBC wealth head as next CEO

Nuno Matos will receive $2.5m fixed remuneration per annum and will relocate to Melbourne.

CommBank walks back on account migration

Select accountholders would have been moved to a tier that has an A$3 withdrawal fee.

Bank of East Asia taps Bi Ming-qiang as deputy chief executive

He brings 27 years of experience in the banking sector.

China's G-SIBs on track to meet minimum TLAC: Fitch

The five banks have issued about $110.12b in capital instruments yearly since 2019.

Asian banks score poorly in accountability mechanisms: survey

Across four key areas, the banks scored 3.5/10 on average.

South Korea compliant with Basel standards

These evaluations are part of the committee’s Regulatory Consistency Assessment Programme.

Chinese banks see improved earnings in Q3

Interest income and fee income declines narrowed.