Retail Banking

Indian banks deposits and credit grow at the same pace

Deposits have expanded by $147.73b between January-August 2024.

Indian banks deposits and credit grow at the same pace

Deposits have expanded by $147.73b between January-August 2024.

Westpac names Anthony Miller as CEO

Before joining Westpac, Miller was the Australia/NZ CEO of Deutsche Bank for 4 years.

Standard Chartered names new CEOs for China, Vietnam units

Standard Chartered names new CEOs for China, Vietnam units

WeLab Bank served as official digital settlement bank for Dear Girlfriends subsidy 

The program granted HK$3,300 cash subsidy to over 18,500 female students.

Vietnam’s OCB to see loan delinquencies ease through 2026

Profitability will remain below historical levels, however.

Singapore, Hong Kong banks tap APAC family office boom

They can help manage costs, which could balloon to 3% of assets.

Risk mgmt efforts to preserve Citic Group’s capital vs profit pressures

Banking subsidiary to manage “modest growth appetite” despite narrowing margins.

HK-listed Chinese banks deliver 23% higher returns in 8M 2024

Major banks’ plans to distribute interim dividends lifted market sentiment.

Siam Commercial Bank announces disruptions to SCB EASY app

It will be unavailable from 1AM to 5:30 AM on September 21-22.

Bank of China to weather potential losses, asset quality strains: S&P

Bad loans ratio for its mainland property loans has shrunk to 4.94% in June 2024.

Agricultural Bank of China to withstand property crunch

Exposure to the mainland property sector has shrunk to 3.67% of its loan book.

AGTech acquires controlling stake in Ant Bank Macao for $30.23m

AGTech now owns 51.15% of Ant Bank (Macao)'s issued shares.

CIMB logs 14% net profit growth in H1; interim dividend is 20 sen

CEO Novan Amirudin attributed this to operating income growth, amongst others.