Frances Gagua

Bangkok Bank logs net profit of $1.05b for 9M 2024

Net income interest and non-interest income both rose during the period.

Bank of Singapore nabs BOCHK banker as market head for GC Hong Kong

Chi brings over 20 years of experience into her new role.

ABS, Singapore anti-ML group unveil new practice paper to enhance audits

Banks in Singapore are expected to review their audit practices against the paper.

BofA launches guaranteed FX rates with up to a 1-year tenor

The 1-year tenor is available in 37 currency pairs.

DBS unveils token services with smart contracts for transaction clients

It makes use of DBS’ Ethereum Virtual machine-compatible permissioned blockchain.

Banks face value creation challenge despite record revenues

Declining interest rates and mixed record on productivity growth keep markets skeptical.

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%.

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.