Retail Banking
Aussie regulators update MOU to strengthen financial stability cooperation
Aussie regulators update MOU to strengthen financial stability cooperation
The updated MOU sets out their respective roles for contributing to financial stability.
Lack of virtual bank licence ‘not a big problem’ for Bangkok Bank
It estimates that virtual banks’ business revenue will not be significant in the first 5 years of operations.
Australian banks to refund $60.5m to customers hit by high fees
Over 1 million customers have been moved into low-fee accounts, ASIC said.
Bank Negara Indonesia banks on wholesale loans for better loan growth in H2
The bank said its wholesale loan quality remains resilient.
BDO Unibank’s net income up 3% to $708.66m in H1
Net interest income and non-interest income both grew during the period.
UnionBank onboards 50,000 credit card and personal loan accounts monthly
The bank has reduced its onboarding time to 5–15 minutes.
MUFG and JICA establish sustainable finance framework
It will be applied by MUFG and four partner banks in Southeast Asia.
Viet commercial banks’ deposit and lending rates decline
BacABank, VIB, BAOVIET Bank, LPBank, and NCB have cut their deposit interest rates.
Investment gains boost Thai banks’ Q2 performances
Banks’ net profit is expected to soften in H2 2025.
KBANK credit costs’ set to exceed target on trade pressures
In the worst-case scenario, credit cost could rise to 170bp.
Krungthai Bank’s net profit dip 1% to $344.37m in Q2
Basic earnings per share is THB0.8 for the quarter.
Shinkin Central Bank’s strong liquidity backed by sticky member deposits
It has very low credit risk in its investment portfolio and loan book, says Moody's.
Malaysian bank’s gross impaired loans could rise by 5.6% in FY2025
Hong Leong Bank and Public Bank may be least impacted if GILs rise by 10%-30%.
SCB X net profit up 18.7% to $386.9m in H1
Q2 net profit rose 27.7% on higher investment gains and reduced losses.
Bangkok Bank likely to miss 2025 net interest margin target
Its Q2 2025 earnings growth was flat year-on-year.
SBI loan growth to hit 12% in 2025 whilst capitalisation to improve
Partial stake sale in Yes Bank will improve core capital ratio further.
Techcombank’s profit down 1.48% to $472.75m in H1 2025
Net interest income fell, but net interest margin registered a slight increase.
Commentary
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