Retail Banking

ANZ customers to spend $280m in Europe travel this summer

Hotel and airline bookings surged 11% in Jan-May 2025.

Weekly Global News Wrap: Santander to buy TSB; BPER increases BPSO

And India plans to withdraw $11.7b of excess liquidity worth from the banking system.

Banks in China, Australia see market caps rise in Q2 on falling interest rates

In contrast, Japanese megabanks and DBS saw their market caps fall.

Nearly 2 in 3 Hong Kongers hold a digital bank account

Respondents said digital banks outperform incumbents in account opening promotions.

Thailand’s SCB surpasses sustainable finance target

It has disbursed THb180b, already past the THB150b target.

Six banks penalized in Singapore for AML breaches

Credit Suisse’s fine also accounts for separate breaches related to US customer accounts.

EXIM India has strong solvency, although capital to moderate

It will enjoy strong funding access due to its government affiliation.

AusPayNet launches public consultation on account-to-account payments

They aim to identify current and future payment needs and expectations of users.

Aussie banks welcome confirmation of payee system

It will check if the account names and numbers entered by the payer.

Bangkok Bank, Permata Bank reiterates support for Thai investors entering Indonesia

Bangkok Bank, Permata Bank reiterates support for Thai investors entering Indonesia

Top Philippine banks’ strong capitalisation, liquidity a buffer for macro risks

Provisioning costs are expected to remain elevated as they expand their consumer loan books.

Bank Mandiri’s interest margin upper target 'challenging' to attain

Loan growth momentum could pick up in the second half of 2025.

Bank Australia’s Qudos merger solidifies its competitive position

Its Qudos and Australian Unity Bank mergers are not expected to disrupt core activities.

South Korea's average deposit, loan interest rates fell in May

Interest rate on new deposits fell 8 basis points from a month earlier.

Virtual banks in Thailand face tight competition and regulatory hurdles

Regulatory restrictions and target customer segments will keep them from growing too quickly.