Retail Banking

Singapore banks face tepid loan growth; interest margins to peak in 2023

Banks may face some backsliding in its bad loans ratio, S&P’s Ivan Tan warned.

Singapore banks face tepid loan growth; interest margins to peak in 2023

Banks may face some backsliding in its bad loans ratio, S&P’s Ivan Tan warned.

BPI net income up 23% to $461.09m

Net interest income rose 27% but non-interest income fell.

Line Bank Taiwan launches Fast Financial Platform

As of July, LINE Bank Taiwan has over 1.57 million users.

Asian banks see market cap value jump in Q2: study

Of the 25 global banks included in the report 13 are headquartered in Asia.

Malaysia's Public Bank funds $262,000 to eco-schools programme

The programme aims to promote climate education in schools using a project-based learning approach.

Japan’s SMBC Group launches UK commercial banking subsidiary

It’s head office is located at 100 Liverpool Street, London.

Hang Seng boosts digitalisation efforts, reveals HK’s first Smart Teller

Hang Seng reveals three new service and operational solutions.

Korea's NHI&S picks Citi as global custody provider for business expansion

A South Korean securities firm is expanding its business model to include trustee services.

AUB Philippines chairman title goes to Jonathan Ng

Ng will succeed Abraham T. Co, who has been elected as Vice Chairman.

SMBC Group's Jenius Bank offers personal loans to US market

Jenius Bank plans to expand its services through savings products and a mobile app.

India’s HDFC to offer 2% shares in NSDL IPO

This is equivalent to four million equity shares.

DBS upskills sustainable financing knowledge of 1,600 relationship managers

The bank will incorporate the workshops as part of its training curriculum for incoming RMs.

Korea allows formation of new nationwide bank for first time in 30 years

FSC plans to issue new banking licenses to bolster competition.

UnionDigital Bank bags $16m more in capital

It will be utilised to grow its digital loan offerings.

New Zealand picks Citi in banking services panel

Other new panel members are ANZ Bank and Westpac.

UOB Vietnam celebrates 30th year, aims 30,000 jobs creation

The bank has partnered with Saigon Children's Charity to celebrate it's 30th year of stepping foot in Vietnam.

13.36 million credit cards in circulation in Australia: study

Credit cards contributed about AU$18.6b in national debt due to accrued interest.