Retail Banking
WeLab Bank achieves first breakeven in Dec 2024
WeLab Bank achieves first breakeven in Dec 2024
WeLab Bank credited it to its expanded loan book.
Land Bank of Taiwan secures license to operate in Australia
It can operate as a foreign authorised deposit-taking institution.
Luxembourg’s Banking Circle to buy Australian Settlements Ltd.
ASL provides settlement and payment services in Australia.
Japanese banks’ total assets at $9.15t in Nov 2024
Banks hold $1.52t in assets overseas.
Vietnam's banking system poised to achieve 16% credit growth: SBV
The growth targets for credit institutions will be determined based on their 2023 ratings.
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks
Banking Reimagined: Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks.
Malaysian banks’ earnings growth to moderate from slower NII growth
Loan growth is expected to recover thanks to more business loans.
BDO names Jeffrey Alejandro as chief audit executive and IAG head
He worked for ING Bank NV and Citibank NA previously.
UnionBank names Vivian Perez as financial risk and performance head
The appointment was effective 2 January 2025.
Thai banks’ Q4 profit slated for 20% growth with portfolio cleanup
Kiatnakin Phatra Bank, Tisco may see a rise in credit costs, an analyst said.
Sri Lanka and Vietnam banks to boost 2025 financials
Sri Lanka’s political crises are receding; Vietnam will be lifted by higher loan growth
Philippine banks’ costs to rise; Singapore lenders face slower profit growth
Singapore banks’ net interest margins have already peaked in 2024.
Bangladeshi banks’ weak profitability to continue in 2025: analyst
Asset quality will be challenged by weak lending standards and foreclosure laws.
Asian banks face profit strain in 2025
Falling interest rates could heighten some lenders’ appetite for risk.
GoTyme Bank reaches 5 million users in 2024
The bank is aiming to reach 9 million customers by end-2025.
Ant Int’l sees growth in 4 divisions, Alipay+ holds 1.6 billion users
Cross-border transactions processed via Alipay+ tripled year-on-year in 2024.
Panin Bank acquisition could boost DBS, OCBC profits
A full acquisition could increase fiscal year 2025 PATMI by 2% to 3%.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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