Retail Banking
SG banks' Q3 profit seen slipping up to 1.6% QoQ on lower interest rates
SG banks' Q3 profit seen slipping up to 1.6% QoQ on lower interest rates
Lower interest rates outweighed improved investor sentiments.
Thai Banks face 3.7% YoY impaired loans rise in 2025
Low unemployment and declining interest rates are expected to help pay back debts.
Banks see sharp drop in cheque use ahead of 2027 phaseout
More people are using e-payment solutions such as PayNow and FAST.
Over 1 in 3 Maya credit cardholders from deposit-backed black express card
The minimum express deposit serves as the basis for the customer’s credit limit.
Indonesia’s Krom Bank renews partnership with Mambu
Krom aims to have over 20 million accounts by 2030.
Why digital banks are becoming mobile service providers
A compelling neobank operator uses mobile connectivity as a cross-leveraged product.
Krungsri’s capital and stable profitability mitigates elevated loan risks
The bank is expected to enjoy a very high probability of support from parent MUFG.
India’s retail payments now 99.8% digital: CareEdge
Cards and prepaid instruments are stable or in decline as UPI increases in popularity.
Australia rate cuts ease pressure on mortgage arrears: Fitch
One more rate cut in 2025 may lower arrears further, the ratings agency said.
ANZ unveils five-year plan, will simplify retail and commercial divisions
The Australian lender also plans to accelerate the integration of Suncorp Bank.
HDFC Bank noted for effective risk controls and employee well-being
It got its highest score on the social pillar of ESG, based on NSE’s report.
Chinese banks lift bond holdings amidst weak credit demand
Total bond investments hit a 13.5% growth rate for 2021-2025.
BRIS targets top five global Islamic bank spot with Hajj, gold push
The Indonesian bank eyes a 25% ROE.
Thailand’s finance sector’s credit costs to rise in Q3 on cautious provisioning
Credit costs are expected to decline in Q4 thanks to stimulus packages.
Hang Seng Bank upscales sustainability fund by 50% to HK$120b
Since launching in 2024, it has already used over two-thirds of the original HK$80b fund.
ASB Bank agrees to pay $78.89m to settle lawsuit
The bank maintains that “it makes no admission of liability.”
Philippine banks’ outstanding loans expand by 11.2% in August
Loans to non-residents narrowed its decline during the month.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
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