Retail Banking
China, Taiwan, Hong Kong, Thailand banks face weaker 2026 outlook
China, Taiwan, Hong Kong, Thailand banks face weaker 2026 outlook
Japan is the only banking market in APAC to hold an "improving outlook," according to Fitch Ratings.
Metrobank appoints three new SVPs and heads
The new heads are for the trust banking group, internal audit group, and the transformation office.
Affin Bank expected to see 30.6% quarterly drop in Q4 net profit: report
The upturn in loan loss provisioning will lead to the decline, said CGS International.
UnionPay expands Apple Services payments to 15 markets
Cardholders can use their cards to pay for Apple’s digital content.
NAB earnings outlook tempered by higher costs and loan competition
The bank does have low levels of problem loans and a strong funding profile, Moody’s said.
Westpac faces earnings pressure despite strong asset base: Moody’s
Its NPL ratio has improved and its deposit base is stable.
OCBC adds 8 SEA e-wallets in digital app
Customers in Singapore can now directly transfer money to 10 e-wallets.
Fubon Bank to sustain retail deposit growth and buffers
The bank’s loan-to-deposit ratio has improved and is below the industry average.
Japan Post Bank’s net income up 7.8% to $1.55b in H1 FY2026/3
It has not revised its net income forecasts for the year.
MUFG now Sakana AI’s largest Japanese investor
Its projects include an AI capable of rewriting its own code for self-improvement.
GCash PocketPay enables NFC devices to become payment portals
Any android device with NFC can accept contactless Visa and Mastercard payments.
AMINA HK can now offer crypto spot trading, asset safeguarding
Its services include 24/7 crypto spot trading, and crypto deposits and withdrawals.
VPBank names Felix Brill as head of international locations
Brill will be responsible for the client business in Switzerland, Luxembourg, and Singapore.
Banks’ outlooks steady despite geopolitical risks and possible tariff shocks
These lenders have “satisfactorily contended” with stressful conditions over the past five years.
Australia’s Ubank surpasses 1 million customers
It has named social media, particularly Tiktok, as an acquisition channel.
SMFG’s profit rose 28.72% to $6.04b in H1 FY2025
Its comprehensive income more than doubled during the period.
Mizuho Financial Group’s profit up 21.8% to $4.46b in H1 FY2025
Its comprehensive income rose 42.8% although ordinary income was 5.4% lower.
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