Retail Banking
Eight financial institutions defaulted in 2024: S&P
Eight financial institutions defaulted in 2024: S&P
Majority are NBFIs, and most are located in the Americas.
BSP ‘closely coordinating’ with CIMB to resolve unauthorized fund transfers
The BSP said that it will continue to monitor the issue until it is fully resolved.
Standard Chartered names Andrea Casati as head of client dev’t for global banking
Casati will be based in Hong Kong.
Dah Sing Bank warns against seven fraudulent websites
Customers are reminded to check the URL and look for a secure padlock icon.
Trade tension woes may hurt Chongqing Rural Comm Bank’s net profits
The bank’s EPS may fall by 1.8% or grow by as much as 1.5% this year.
ANZ names Chris Raciti as country head of ANZ Singapore
He will also have oversight for eight markets in SEA, India, and the Middle East.
Kiatnakin Phatra Bank can reduce losses on sale of repossessed vehicles
Net profit fell by 30% to THB1.06b in Q1 2025.
Japan’s Chiba Bank to maintain strong long quality, profitability: Moody’s
Its NPL ratio is lower than the average of large regional banks in the country.
Bank Central Asia’s low costs, strong liquidity steadies earnings growth
Ample liquidity and low funding costs will optimise its returns, Maybank Securities said.
BPI’s net income up 9% to $293.2m in Q1
The Philippine-based bank reported higher non-interest income and total revenue.
TMBThanachart Bank may see loans contract by 1.7% in 2025
Its Q1 net profit dropped 5% compared to the same quarter in 2024.
VPBank has enough buffers against asset risk: Moody’s
It has a ‘sizeable’ exposure to the real estate sector and tariffs may impact the economy.
Krung Thai Bank reports flat net profit growth in Q1
Net interest income and non-interest income were higher than a year ago.
Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loans
Its problem loan ratio is expected to remain at the 6% to 7% range in 2025.
Bank of Ayudhya’s net profit up 20% to $226.9m in Q1
Corporate loans grew by 4.7% during the quarter although SME and retail loans contracted.
Bangkok Bank’s net profit up 19.9% to $380.29m in Q1
Total loans and deposits logged single digit increases during the quarter.
SCB X reports 10.8% higher net profit of $375.66m for Q1
Net interest income fell but fees and other income rose.
Commentary
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