Retail Banking
Public Bank net profit up 14.3% to $1.08b in 9M 2023
Total loans rose faster than the Malaysian banking industry average.
Public Bank net profit up 14.3% to $1.08b in 9M 2023
Total loans rose faster than the Malaysian banking industry average.
South Korea interest rates for new deposits, loans rose in October: BOK
The interest rate for outstanding amounts of deposits and loans also rose.
OCBC Hong Kong names Wang Ke as new CEO
The current CEO, Ivy Au-Yeung, will retire on 31 December.
Here's how OCBC's new money lock feature works
The feature's purpose is to be a strong defence against malware and phishing scams.
Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.
South Korean banks’ net income down 23.9% in Q3
Non-interest income and return of assets both fell during the quarter.
Maybank profits up 21% to $1.48b in 9M 2023
Profit before tax is up 14.4% in the first nine months of the year.
Kasikornbank increases stake in Indonesia’s Bank Maspion to 84.55%
The Thai bank is injecting an additional US$226m in Bank Maspion.
Thai banks’ profits improve in Q3, but bad loans also rose
Authorities to monitor debt serviceability of SMEs and households.
Bank of China HK disables screen capture, recording on Android apps
This was due to a rise of malware scams.
Citi completes sale of Indonesia consumer business to UOB
This marks Citi’s ninth and final full consumer divestiture in Asia.
Japan’s Mizuho Bank sees profits rise 24.4% in H1
Full year dividend is expected to be JPY100 for 2023.
HDFC Bank names new chief of internal vigilance
Sachin Suryakant Rane was a senior police inspector before joining the bank.
Greenwashing in banking: real concern or overblown issue?
Reputational risks abound for those who drag their feet about sustainability or engage in greenwashing.
Landbank records highest-ever nine-month net income at $558m
Net income jumped 24% during the period compared to a year ago.
SCB X profits weighed by high credit costs, weakening asset quality
The bank will benefit from the interest rate hike, but peak by Q4 and gradually decline after.
KBANK net profit up 7% in Q3, but low dividends raise concerns: analysts
A substantial growth in net income helped drive up profits for the quarter.
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The Bank of Thailand is eyeing to expand connectivity with more countries.
The Bank of Thailand is eyeing to expand connectivity with more countries.
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Generative AI’s role in the evolution of banking