Retail Banking

Mizuho Securities US aims for 100 hires by next year

The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.

Mizuho Securities US aims for 100 hires by next year

The Japan-headquartered company said it aims to expand its workforce by 30% by 2026.

Singapore banks foster growth, boost employee well-being

Asian Banking and Finance’s new ranking of Singapore banks reflects top notchers' steady growth and adaptability to changing landscape.

Indian banks’ bad assets improve to 10-year low: CareEdge

SCB’s recorded a 10-year low of 3.9% for its GNPA.

Bank of the Philippine Islands relocates main office temporarily

This is in view of the temporary relocation and consolidation of its three leased offices.

Vietnam’s HDBank sets up Korea desk

It will provide Korean corporates with specialized banking products and services.

SBI Holdings now own 53.74% stake in SBI Shinsei Bank: report

Shinsei is preparing to delist and return $2.43b in public funds.

CIMB emphasises promise of SME assistance

CIMB has granted over RM1.0b ($210m) in financial payment SME relief assistance 

NIM to offset China CITIC Bank elevated credit costs: Moody’s

The reopening of mainland China will drive sales of wealth management and insurance products.

OCBC Wing Hang's capitalisation, profits to offset real estate risks: Moody's

The bank’s exposure to real estate markets may affect asset quality.

MUFG buying 80.6% shares in Indonesia’s PT Mandala Multifinance Tbk for $468m

MUFG will hold 70.6% of shares whilst PT Adira Dinamika Multi Finance Tbk will hold 10%.

Thailand’s Krungsri sets sights on Vietnam expansion with SHB Finance acquisition

Krungsri will acquire the 50% remaining shares of SHB Finance over the next three years.

Maybank's asset quality, profitability to remain stable: Moody's

Despite the sluggish economic growth, the bank’s problem loan ratio is predicted to stay at 1.5%. 

Japanese regulator sounds out megabanks on China geopolitical risks: report

Its three megabanks have a total credit exposure of $64b to China.

How experts see the digital battleground of banks, payment firms

Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends...

India’s Axis Bank names central bank ex-deputy governor as non-executive chairman

N.S. Vishwanathan will assume the role on 27 October, pending approval.