Retail Banking

PH banks’ total assets expanded 9.2% to $439.3b in 2023

Both lending and investing activity grew during the period.

PH banks’ total assets expanded 9.2% to $439.3b in 2023

Both lending and investing activity grew during the period.

CIMB Thai’s de-risking and cost optimisation pays off

Moody’s Ratings says its asset quality, profitability and liquidity is “modest”.

Citi combines in Japan, North Asia, and Australia clusters

This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.

Share buyback, Suncorp Metway deal won’t dent ANZ’s credit profile

S&P expects the SML acquisition to be completed in mid-2024.

Chinese banks dominant whilst Japan, South Korean banks’ assets falter

Australian and Singaporean banks’ assets remained steady, S&P’s study showed.

Olea, Standard Chartered forge alliance to empower SMEs

The alliance signals a proactive effort to support SMEs by leveraging digital innovation and financial services.

Australia’s Macquarie well-capitalised despite lower profits

Net profit fell by 32% for the fiscal year ended 31 March.

HSBC names ex-Citi banker as head of global banking in Singapore

Gilbert Ng has experience in corporate finance and risk management.

No adverse effects on NAB’s capital after billion-dollar share buyback

Its core capital ratio remains at 11.75%, well-above the target range.

MAS not extending pause on DBS’ non-essential activities

DBS will still keep the 1.8x multiplier in risk weighted assets, however.

How banks should rethink pricing

It’s not just about how much customers pay but also what benefits they get.

HSBC’s profit dips to $12.7b in Q1; special dividend after Canada sale

A first interim dividend of $0.1 per share has been approved by the board.

Indonesian banks tout sound profitability and capitalisation

Only a fraction of restructured loans will become bad loans, Fitch said.

Depositors ‘flight to safety’ to benefit China Merchants Bank

Focus on wealth and deposits over loans has boosted its liquidity.

India changes criteria for small banks seeking to be universal banks

Net worth lowered, but must be profitable in the past two years.