Staff Reporter
UOB banks on 4 ASEAN income to hit 2026 ROE target
UOB banks on 4 ASEAN income to hit 2026 ROE target
The bank aims to grow its wholesale banking and retail banking businesses.
South Korean banks’ bad loans rise in August
The delinquency rate of SMEs and households rose during the month.
Taiwan’s Financial Supervisory Commission names new chief sec for FEB
Wen-long Kuo was formerly the division director at the FEB.
Australian mortgage arrears rise to highest in 10 years
Borrowers may have been affected by inflation and interest rate hikes.
Low deposit growth spell loan funding challenges for Indian banks
The banks may opt to borrow more, according to Fitch.
CIMB tries to rise to the challenge of net zero banking
The Malaysian lender is setting realistic decarbonisation goals.
RAB, Summerland merger will enhance their business stability: S&P
Their risk-adjusted capital ratio should remain above 15%.
2024 Policy Address: Family office policies affirm HK's wealth management hub status
An analyst said the initiatives will boost investor confidence.
Governance issues weigh on Bangladesh’s Social Islami Bank PLC
The government recently replaced its board and made changes to its management
Shinhan FG to maintain ‘resilient’ credit profile despite subsidiary woes
Whilst two subsidiaries saw trouble, other key subsidiaries maintain stable outlooks.
2024 Policy Address: Hong Kong to boost offshore RMB business
Plans include upgrading the Central Moneymarkets Unit.
Summerland Bank and Regional Australia Bank to merge
Regional Australia Bank had just finalised a merger with Macquarie Credit Union.
DCS Card Centre launches Visa card with three rewards options
Cardholders can choose either investment credits, miles rewards, or cash rebates.
Aspire receives IPA for the Major Payment Institution license
This supports the company's goal to build a user-friendly financial platform.
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
Vietnam’s debit card payments market to be worth $65.6b in 2028
The rising number of banked Vietnamese is pushing up adoption, although payment usage remains low.
Tighter policies drag South Korean household loan growth in September
Banks have supposedly stepped up their efforts to manage household debt.
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