Retail Banking
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
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.
Weekly Global News Wrap: US regulator warns of BNPL risks; Citi overhaul to cost $1b, done by Q1
And Moody’s put Hong Kong and Macau banks on downgrade warnings.
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.
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.