Retail Banking
Taiwanese banks extended $169.21m in SME loans in October
Taiwanese banks extended $169.21m in SME loans in October
Loans extended to SMEs accounted for 64.2% of total loans.
Reserve Bank of New Zealand calls for increased efforts in financial inclusion
According to the World Bank, around 50,000 New Zealanders remain unbanked.
Indonesian banks to maintain lending rates in 2025: analyst
MSME borrowers remain weak, but some positive factors are on the horizon.
Major Japanese banks’ profits up 40.29% in H1 FY2024
Their NPL ratio was lower than in March, but still higher than in September 2023.
Japanese regional banks' gross profits rises to $150.3m in September
Net interest income also grew to $137.75m.
RCBC names Anthony Cariaso as deputy CEO
The Philippine bank announced a slew of leadership changes.
ING names James Haines as Japan country manager
Haines was a general manager and deputy group head at Aozora Bank.
Vietnam, Cambodia to strengthen ties in central bank management
Both parties also reaffirmed their commitment to connect retail payments using QR codes.
SEA, Japanese banks vie for Panin Bank’s state: report
OCBC and CIMB are interested, whilst Maybank is exploring a potential bid, according to sources.
DBS names new Singapore country head, group head of IBG
Han Kwee Juan and Lin Him Chuan will take over their new roles on 1 Jan 2025.
Japanese banks see loans and deposits rise in November
Foreign banks saw their total yen-denominated loans jump 25.2% YoY.
Vietnam’s Cake Digital Bank achieves profitability
Revenue per user is US$12 in 2024, and payment transactions are $4.7b.
Australia’s ANZ appoints HSBC wealth head as next CEO
Nuno Matos will receive $2.5m fixed remuneration per annum and will relocate to Melbourne.
CommBank walks back on account migration
Select accountholders would have been moved to a tier that has an A$3 withdrawal fee.
Bank of East Asia taps Bi Ming-qiang as deputy chief executive
He brings 27 years of experience in the banking sector.
China's G-SIBs on track to meet minimum TLAC: Fitch
The five banks have issued about $110.12b in capital instruments yearly since 2019.
Asian banks score poorly in accountability mechanisms: survey
Across four key areas, the banks scored 3.5/10 on average.
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