Retail Banking

David Ho joins DBS board

Effectivity of his appointment begins on 26 April.

David Ho joins DBS board

Effectivity of his appointment begins on 26 April.

Vietnam’s Techcombank sees net profits slide 17.1% in Q1

Net interest income fell, but net fee income rose.

How will China’s new rules on asset classification affect banks?

The new measures expand on classifying asset risks of banks.

Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1

The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.

India’s Yes Bank records 45% net profit drop: report

Net profit fell much lower than anticipated by analysts.

Steady margins will push Daegu Bank to stable profits in 2023

The bank’s dividend payouts will remain at current levels of 40% to 50%, Moody’s reported.

Japan’s Chiba bank to maintain above domestic average profitability

The bank will maintain strong loan quality and liquidity, Moody’s said.

Weekly Global News Wrap: UBS to retain only few Credit Suisse senior bankers; open banking to increase liquidity risk

And the UK must make it easier for banking staff to work remotely, says industry body. 

Brankas-MPT mobility partnership grants motorists quick toll reload via bank accounts

This collaboration targets to attract new app users that will benefit from lower service fees.

VPBank’s stake sale to SMBC to uplift its capital, balance growth plan

But “aggressive” growth plan, real estate sector woes will weigh on asset quality.

Australia, New Zealand’s banks face higher costs, weaker profits in H2 2023

Overall performance will be broadly similar to 2022, according to S&P Global Ratings

Bank of Ayudhya’s profitability recovers to pre-pandemic levels

Bad loans are expected to stay at a ratio of 3% over the next 12 to 18 years.

End-to-end redesign, customer satisfaction key trends for Thailand’s banking leaders

Industry leaders and experts from 29 different organisations gathered for the Asian Banking & Finance Bangkok forum held at JW Marriott Bangkok on 4...

BPI launches refreshed mobile app

New clients can open an account within five minutes with just one valid ID.

Japan Post Bank maintains strong liquidity in 2023, but profits still weak: Moody’s

Diversifying its bond portfolio will improve profits but exposes it to more risk.

CIMB on track to realise sustainability goals

The bank doubled its sustainable finance target after achieving the initial target in 2022.

OCBC NISP allocates $87.5m of 2022 net profits as cash dividend

The bank’s annual general meeting of shareholders saw changes made to its board of directors.