Retail Banking

OCBC sets up board committee on ethics and conduct

It will be chaired by OCBC bank chairman Ooi Sang Kuang.

OCBC sets up board committee on ethics and conduct

It will be chaired by OCBC bank chairman Ooi Sang Kuang.

China Construction Bank's Q4 profit falls to $6.02b

This represents the first quarterly decline in three years.

Chart of the Week: Loan re-pricing boosts Singapore banks' interest income

The net interest income of DBS and UOB may rise 9.3% and 7.4%.

Chinese megabanks extend profit decline as credit boom fades

Shanghai- and Shenzhen-listed banks are likely to see 6.7% increase in profit.

Chinese banks to offer preferential services for military personnel

ICBC, Bank of China and the Agricultural Bank of China are amongst the lenders offering discounted services to armed forces.

Bank Rakyat Indonesia profits from double-digit share price gains

Share price has risen 10%YTD which could translate to a 2019 net profit of $2.46b.

Alliance Bank Malaysia set to outpace sluggish industry growth

Its loans could grow 6% in FY20 and NIMs could expand 5bp.

Bank-backed asset securities in China hit $131.12b in 2018

Almost 30 banks have unveiled plans to set up WM units following clearer policies.

Shinhan Financial Group pledges $40.52b in corporate loans by 2023

The group is also aiming to increase VC fund to $123.32m.

Singapore halves prohibition orders against former Citibank employee

The prohibition order for Zheng Xuemei has been reduced to one year.

Implication of NPC for Chinese banks: Sticks and carrots to force lendings to private firms in exchange for more capital

During the 13th National People's Congress (NPC), Chinese Premier Li Keqiang presented the government work report. Whilst the market read the new...

Chinese banks raise record-high $48b in Q1 to plug capital crunch

Banks have been allowed to issue perpetual bonds to improve solvency ratios.

Vietnam puts pressure on remaining 14 banks to list before 2020

17 of the 31 banks have already registered for trading.

Singapore slapped $12.47m in penalties in last 18 months

Enforcement actions include 19 prohibition orders and $698,000 in civil penalties.

Philippine customers trust banks more than government with their data: survey

Around 42% trust banks the most compared to 21% who trust the government.