Retail Banking
India changes criteria for small banks seeking to be universal banks
India changes criteria for small banks seeking to be universal banks
Net worth lowered, but must be profitable in the past two years.
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
Thailand’s Kiatnakin Phatra Bank’s loan portfolio to benefit from rising car prices
Used cars make up 62% of the bank’s hire purchase loans.
Thailand’s TMBThanachart Bank eyes higher dividend payouts in 2024: analyst
The bank’s net profits rose 24% in Q1 compared to a year ago.
SCB X reports 2.6% higher net profit of $305.43m in Q1
Net interest income rose by fees and other income dropped.
Tighter money supply strains Indonesian banks’ margins
Whilst margins may rise in the short-term, margins could fall deeper in the long-term.
Malaysian banks’ asset quality strong but profits to stay flat in 2024
A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
Union Bank’s profit outlook dims on higher costs and riskier loans
It has less buffers for loan losses than lower-rated banking peers, Moody’s Ratings warned.
Alliance Bank lowers fixed deposit rates
The counter rate for 1-month fixed deposits is now just 2.65% from 2.75%.
Weekly Global News Wrap: ECB raises concerns over UniCredit’s high turnover; China warns banks against “one-sided” credit pursuit
And two JP Morgan & Chase top dealmakers are reportedly leaving the bank.
Taiwan’s Hua Nan’s asset quality to remain sound through 2025
Loans to SMEs and the property sector have improved, says Moody’s.
Robust employment, stable housing market anchors CUB’s profits
But net interest margin will likely stay flat or contract mildly.
Mebuki's profits to improve but unrealised losses to rise
Its problem loans ratio is stable due to strong borrower quality.
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
CIMB’s Dato’ Abdul Rahman Ahmad to step down as group CEO
CIMB has not named a successor yet.
Rising rates lift profitability of Japan’s 77 Bank
The same rising rates will increase the bank’s unrealized losses on its domestic bonds.
Philippine National Bank’s profitability to improve on more SME loans
Liquidity is expected to decline as it accelerates lending in 2024.
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