Retail Banking

Maybank's asset quality, profitability to remain stable: Moody's

Maybank's asset quality, profitability to remain stable: Moody's

Despite the sluggish economic growth, the bank’s problem loan ratio is predicted to stay at 1.5%. 

Japanese regulator sounds out megabanks on China geopolitical risks: report

Its three megabanks have a total credit exposure of $64b to China.

How experts see the digital battleground of banks, payment firms

Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends...

India’s Axis Bank names central bank ex-deputy governor as non-executive chairman

N.S. Vishwanathan will assume the role on 27 October, pending approval.

Dah Sing Bank shows solid capitalisation, funding and liquidity: Moody’s

The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity. 

Bank of China HK’s HKD prime rate, savings deposit rate unchanged

Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.

HSBC winding down wealth, personal banking business in New Zealand

The bank can no longer justify investing into this business, it said in a statement.

How Maybank SG's YES fuels tech growth of new SMEs

Over 500 business owners discover a groundbreaking e-financing solution that empowers SMEs to thrive in the digital age.

Aggressive loan growth leaves HDBank more vulnerable to risks

Its asset quality may be further strained by its planned acquisition of a ‘weak’ bank

CIMB reaps benefits from de-risking, cost optimisation initiatives

Net interest margin compression will be offset by improved profits and stable capital.

South Korea’s new capital buffers to strengthen banking system’s resilience

No capital raising or sheet adjustment is expected from the country’s biggest banks.

Commonwealth Bank of Australia waives transaction fee for overseas money transfers

The waived fees exclude Japanese yen transactions in its CommBiz platform.

Shareholder support key for Hong Kong virtual banks to weather failure risks

Six out of the eight virtual banks in the city reported narrower losses in 2022.

Korean banks’ net income jump 24% in Q1

Interest income declined as a result of interest rates falling during the period.

UBS to finalise Credit Suisse acquisition by 12 June

After the acquisition, Credit Suisse and American Depositary Shares will be removed from SIX and NYSE.