Retail Banking
Thai banks called to supercharge profitability by enacting future-oriented strategy
Thai banks called to supercharge profitability by enacting future-oriented strategy
They’ve lagged behind their peers, with market cap falling to just 8% of ASEAN.
Thailand banks’ loans up 5.3% in Q3
Corporate loans rose from a year ago and consumer loans also grew.
Malaysian banks’ asset quality to deteriorate in 2023 as moratoriums expire
NPL ratio may rise to up to 3% over the next two years.
Gap to widen between India’s public and private banks: S&P
Large private banks will outperform their publicly-owned peers, the ratings agency said.
Vietnam headed for swift credit growth in next 12-18 months
Loans may expand between 15% and even up to 30%, said S&P’s Amit Pandey.
Philippine banks’ bad loans ratio to decline in 2023: S&P
But should interest rates rise sharply, banks may face more defaults.
Property risks manageable for Hong Kong banks: analyst
But uncertainty in border restrictions with China will subdue wealth management, bancassurance.
China’s banking sector to polarize in 2023; weak banks face failure
Overall loan growth will come below 10% in 2023, says S&P.
Bangladeshi banks face weak profitability in 2023: S&P
The COVID measures, which have yet to be relaxed, will squeeze banks’ margins.
Australia’s biggest banks to pay $84.51m for insurance lawsuit
CBA, Westpac, and ANZ allegedly misled customers by selling or issuing policies of no value.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
The new brand of personalisation that’s shaping Citi’s digital banking journey
Customers want options, but curate it–don’t just offer it, says Citibank’s Nilesh Kumar.
Kotak Mahindra Bank’s profits up 27% in Q2
It has over 36.6 million customers as of end-September.
ICICI Bank net profit up 31% to $929m in Q2
Its loan portfolio also grew 23% compared to the same quarter last year.
SAS Institute: Intelligent Decisioning Solution in Action
The company drives real-time interactions that can easily create, manage, and govern robust analytically driven business rules to power decisions at...
Kakao Bank, Kakao Pay shares tumble as fire disrupts services: report
All services under Kakao were severely affected by the data center fire.
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Why Singapore’s fast payments need faster protections