Retail Banking

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

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

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

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

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.

Low deposit growth spell loan funding challenges for Indian banks

The banks may opt to borrow more, according to Fitch.

Shinhan FG to maintain ‘resilient’ credit profile despite subsidiary woes

Whilst two subsidiaries saw trouble, other key subsidiaries maintain stable outlooks.

Summerland Bank and Regional Australia Bank to merge

Regional Australia Bank had just finalised a merger with Macquarie Credit Union.

Cambodia enables QR payments from foreign e-wallets through Alipay+

They can now make payments in over 1 million Cambodian merchants.

Citi names Hooi Wan Ng as head of markets for Malaysia

Ng joins from JP Morgan, where she had led the local markets and private side sales since 2011.

Public Bank's LPI Capital purchase may boost earnings, ROE

MGO is unlikely to be accepted by shareholders due to its ‘steep’ 25% price discount.

Thailand’s Kasikorn Bank expects credit costs to normalize in 2025

The bank says that it will end its loan portfolio clean up this year.

Malaysia’s Public Bank acquiring all shares of insurer LPI Capital

It will buy a 44.15% equity interest in the insurer for RM1.72b, and then extend a mandatory general offer.

Why banks will be ‘invisible’ by 2030

They either become the platform or willingly lose their brand visibility.

Siam Commercial Bank’s Mae Manee App to undergo maintenance

It will be unavailable for a few hours each on October 11-12, 2024.

Japan’s SMFG completes transfer of securities business to UK subsidiary

SMBC Nikko Capital Markets will be closing down its Abu Dhabi branch.

HK central bank, banking assoc express support for banking integrity charter

The HKMA and HKAB co-hosted the launching ceremony with ICAC.

Experts on future-proofing PH banks, revolutionizing insurance

Going against the norm when adapting growth strategies may be key.