Retail Banking

Hong Kong banks can handle CRE risks: analyst

They’ve been implementing measures to lower China-related property exposures.

Hong Kong banks can handle CRE risks: analyst

They’ve been implementing measures to lower China-related property exposures.

ZA Bank unveils foreign exchange time deposit

Users can access it via the deposit page in the ZA Bank app.

Technology to underpin future of financial services

Banks should boost their online infrastructure as digital assets become the norm.

Thailand received 5 applications for virtual bank licenses

It expects to announce the list of successful applicants by mid-2025.

MUFG Bank fined $1.75m for info management lapses

Sister firm MUMSS was separately fined $1.4m.

Thai banks join forces with billionaires, fintechs for virtual bank bid

Shopee's parent company, and banks SCB X and Bangkok Bank are amongst the aspirants.

Taipei Fubon Commercial Bank to achieve good profitability through 2025

Low credit costs and non-interest income will lift profitability.

Siam Commercial Bank unveils special fixed deposit account

It offers between 1.6% to 2.2% interest per annum.

Chinese banks’ earnings decline narrow, but retail NPLs could be an issue

Earnings of 16 large banks are 0.5% lower than in H1 2023.

Singapore’s financial sector employment rose 4,800 in 2023

The financial sector made up 14% of Singapore’s GDP in 2023.

China’s big four banks face $100b shortfall in loss-absorbing capital

The banks have not yet met their required loss-absorbing capacity levels.

Japan, Korea financial authorities hold in-person bilateral meeting

The two exchanged views about developments in their financial sectors.

South Korea’s household loans expand by $7.32b in August

There were “strong housing market activities” in the Seoul metropolitan area.

Australia’s planned AT1 phase out to have little impact on banks

If pushed through, the CET1 minimum requirement will rise to 10.50%.

Chinese small bank M&As to ramp up: Fitch

The lack of large banks in the mergers is to avoid contagion risks.