Retail Banking

CIMB’s Q1 profit escalates 18% YoY

Thanks to a solid operating income performance and maintained costs.

CIMB’s Q1 profit escalates 18% YoY

Thanks to a solid operating income performance and maintained costs.

Singapore expands scope of guidelines on fair dealing

It now covers all financial institutions and all the products and services offered.

Maybank sets new crude palm oil, power emissions targets by 2030

In 2023, CPO production and power emissions are well below reference scenarios.

India’s commercial banks’ non-performing assets shrank in 2023

Credit costs have declined, with public sector banks holding “substantial buffers”.

Siam Commercial Bank shares crisis lessons from pandemic

The bank’s early investment in tech helped it grow its digital customer base to 17 million.

Philippines’ Remolona warns of oil prices, interest rates as financial stability risks

The financial stability council also warned of geopolitical risks.

GoTyme Bank launches multi-currency time deposit with $1 minimum

The Philippine-based digital bank promises interest rates between 3% to 3.5%.

Top banks’ assets expanded 5.1% in 2023

HSBC is a top performer, whilst China Merchant’s Bank saw fees decline.

Bank of Queensland’s tech bet leaves operating performance to chance

The bank may achieve savings— or leave its operating performance structurally weaker.

Korea’s USD deposits decline in April amidst weakening won

Companies reportedly withdrew part of their US dollar deposits.

Japanese banks’ total assets total $9.12b in March

Deposits in domestic branches were at $6.32t as of end March 2024.

APAC’s top bankers sound alarm over impact of rising living costs

CEOs are optimistic yet cautious, but tout banks’ resilience.

Australian banks’ dividends to stay flat amidst cash earning pressures

The higher payouts in H1 were to establish shareholders’ confidence, S&P said.

Maybank’s net income up 9.8% to RM2.49b in Q1

Non-interest income jumped 79.2% and lifted operating income for the quarter.

UOB poised to benefit from growth of SEA's mass affluent segment

UOB has woven partnerships with privilege banking to appeal to the segment.

Norinchukin Bank’s profits up 24% to $405.7m for FY2023

Net gains from sales of securities jumped over 800% over the period.