Retail Banking

Property exposure risks remains Cambodian banks’ Achilles heel: analyst

Profitability will remain under pressure due to stiff competition and high costs.

Property exposure risks remains Cambodian banks’ Achilles heel: analyst

Profitability will remain under pressure due to stiff competition and high costs.

Australia to amend retail payments regulation in 2024: governor

Reforms will include better cost transparency from BNPL, mobile wallets.

APAC emerging banks’ profits to benefit from higher rates in 2024

Expect some minor asset-quality deterioration, however.

Indonesia, Korea unveil operational guidelines for local currency transactions

This is part of the two countries’ agreement to promote bilateral transactions in local currency.

SC Thai to maintain robust capitalisation, but profitability volatile: expert

The bank is expected to receive support from its parent SC in case of times of need

Gen AI to add up to $340b new value to banks: McKinsey

It will add $56b and $54b in new value to corporate and retail banking, respectively.

SMBC India names Sandeep Chopra as head of corporate coverage

Chopra reports to Rakesh Garg, chief business officer of SMBC India.

Banks face negative outlook in 2024 amidst bad loans, higher costs

ASEAN banks, however, will benefit from policy changes arising from geopolitical tensions.

Shinhan Bank Japan’s profits to decline, but asset quality stable in 2024

Loan concentration in the real estate investment segment remains a risk.

Robust profits, lower credit costs to buoy Indonesia’s banks in 2024

The sector's profitability has surpassed pre-pandemic levels to reach 2.7%.

Korea’s Woori Bank faces lower profits, rising credit costs in 2024

Capitalisation, funding, and liquidity are expected to remain stable.

Japan’s SMFG names Toru Nakashima as CEO

Nakashima retired from SMBC in April 2022, but returned to the company in 2023.

Higher risk of defaults on the horizon for Thai banks

Household leverage has reached “unsustainable levels”, says S&P Global Ratings.

Philippine banks to see higher credit demand but lower earnings in 2024

The bad loan ratio is expected to deteriorate, but it should be manageable.

Banks to see $1.68t of credit losses in 2024-2025

Banks globally are expected to lose $824b in credit losses in 2024.