Retail Banking

Banks grapple through era of disruption by being the disruptor

Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.

Banks grapple through era of disruption by being the disruptor

Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.

ICBC planning $5.5b loss absorbing bonds sale: report

The world’s largest bank by assets is likely to issue CNY20b.

Transferable deposits drive South Korean banks’ deposit growth in March

Banks hold an outstanding KRW2.36t in deposits as of end-March.

Maybank issues apology following digital and payment service disruption

Customers were temporarily unable to make online and retail payments on 5 April.

HSBC sells Argentina banking operations with $1b loss

Grupo Financiero Galicia will be paying $550m for the unit.

60% of commercial banks don’t have women in C-suite roles

No woman was appointed CEO of a commercial bank over the past year.

Empowering green growth through sustainable finance in Bangladesh

Sustainable finance is emerging as a powerful tool to promote green growth in Bangladesh.

Korean banks began compensating investors for HK ELS-linked losses

Shinhan Bank and Hana Bank have begun compensating customers.

Vietnam’s HDBank eyes 30% dividend in 2024

Total assets are reportedly set to exceed $28b this year.

Australia’s Defence Bank lending strategy buoys strong asset quality

The bank’s problem loans will remain below 0.5%, says Moody’s.

Average interest rates of new bank deposits in South Korea declines

Interest rates of new loans are also lower in February.

Indian banks’ profits dragged by rising costs and tightening money supply 

Deposit growth and credit growth will slow, impacting banks’ margins.

Lower interest rates and property woes weigh on Bank of China’s profits

Net interest margin fell, although at a lower decline than other Chinese megabanks.

BOCHK's strong profits combats its property loan weakness

The bad loans ratio, whilst rising in 2023, is expected to fall to 0.7% in 2024-2025.

Empathy deficit erodes customers’ trust in banks

Customers who feel valued are willing to spend more for banking products.