Retail Banking
South Korea compliant with Basel standards
South Korea compliant with Basel standards
These evaluations are part of the committee’s Regulatory Consistency Assessment Programme.
Chinese banks see improved earnings in Q3
Interest income and fee income declines narrowed.
Concerns over Teh Family's Public Bank stake sale “overdone”: analyst
The estate will dispose of a 13% stake in the Malaysian bank.
RHB projected to log 50% full cash divided payout ratio for 2024
The Malaysian bank is on track to surpass its 4.5% loan growth target.
Public Bank Group's net profit climbs by 12.4% to $427.36m in Q3 2024
Earnings per share stood at 9.85 sen.
South Korea tightens liquidity rules as market improves
The banking sector’s liquidity coverage ratio will be rolled back to 100% in 2025.
Mizuho Bank absorbs subsidiary to streamline operations
This aims to enhance the bank's call centres and online services.
Hong Kong total deposits up 5.8% YTD in October
Hong Kong dollar deposits grew, but renminbi remittances fell.
CIMB Group’s profit rise 12.57% in 9M 2024; EPS is MYR18.98 for Q3
The group expects its net interest margin to normalise and see some pressure in Q4.
Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts
Costs are expected to rise and liquidity to fall over the next year.
Maybank's net profit up 8.5% in 9M FY2024
Non-interest income growth pushed up its profits.
Bank Central Asia's net profit climbs to $2.9b in 9M 2024
Net interest income grew by 9%, reaching $4b.
Why Singapore banks are a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
MUFG employee steals up to $12.9m from safe deposit boxes
At least 60 safe deposit box lessors are affected, the bank said in a statement.
AusPayNet welcomes Aussie gov’t retirement of cheques by 2029
Cheques will cease being accepted by financial institutions by 2029
Japan Post Bank posts $1.44b net income for H1 FY2025/3
This is 22.3% higher than the H1 period in FY2024/3.
SMFG reports $4.86b profit for H1 FY2024
Earnings per share (diluted) is JPY184.72 for the period.
Commentary
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Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
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Banks need to rethink identity governance for AI agents
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