Retail Banking
Japan’s Norinchukin Bank proposes changes to board
One auditor, Masaki Ogata, is retiring on 21 June.
Japan’s Norinchukin Bank proposes changes to board
One auditor, Masaki Ogata, is retiring on 21 June.
APAC’s Top 20 banks' combined revenue up 4.3% in 2023
Japanese banks were the biggest winners whilst Chinese banks’ total revenue dipped.
Korea’s Shinhan Card likely to maintain stable capital and liquidity
However, asset quality and profitability are expected to weaken, says Moody’s.
Japan’s Chugoku Bank maintains strong liquidity despite weak loans
Higher interest rates will help improve profitability, Moody’s said.
Citi Commercial Bank Indonesia appoints Edwin Pribadi as its head
Pribadi returns to Citi after spending a decade with OCBC Indonesia.
Public Bank’s net profits down 3.5% to $351.94m in Q1
Total loans and deposits grew in Q1 compared to Q4 2023.
Digitalisation amplifies data and liquidity risks
Increasing interconnectivity increases complexity and opacity.
Vietnam’s PVComBank launches mobile banking services on AWS
The platform will reportedly benefit 1 million customers of PVComBank.
South Korean domestic banks’ net income shrank 24.1% in Q1
Non-interest and non-operating income dragged down income.
Mizuho allots $12.95b to finance hydrogen production
The bank noted hydrogen as “key” to decarbonisation of various sectors.
Mizuho’s net income climbs 22% to $4.39b in FY2023
An annual dividend of JPY105 per share has been announced.
Low carbon push adds $8.4b addt'l revenue for APAC banks
Between 2031 to 2050, APAC banks will likely
Loan growth & higher fees prop up Singapore banks’ earnings in Q1
DBS’ and OCBC’s DPS are likely to rise in H2.
Chinese banks’ net profits down 0.81% in Q1
Fees contracted for the first time in 5 years a quarter earlier.
Mizuho Financial Group publishes impact business policy
The policy defines the bank’s course of action on impact-driven businesses.
CIMB Group’s opex to ease whilst non-interest income poised for growth
Loans are poised for a 6% growth, UOB Kay Hian said in a report.
CTBC Bank PH unveils redesigned web interface and mobile banking app
The app features personalised widgets and customisable features.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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