Retail Banking

China Citic Bank’s green finance moves require more finesse

It aligns with international frameworks, but some have indirect ties to fossil fuels.

China Citic Bank’s green finance moves require more finesse

It aligns with international frameworks, but some have indirect ties to fossil fuels.

Thriving with Basel III: Advanced Credit Risk Solutions for Malaysian Banks

The need for advanced and real-time credit risk solutions has become increasingly crucial, says Nicholas Lim.

SCB says Myanmar transactions unrelated to arms trade claims

The Thai bank said that it conducted an internal investigation.

Interest rates of new deposits, loans in South Korea rise in May

However, the overall average of outstanding loans fell.

Malaysia float new req’s to lower costs of basic banking services

The central bank is inviting written feedback on the draft policy document.

Bank Negara Indonesia to lodge 7% net profit growth in 2024

UOBKH slashed the bank’s profit and NIM estimates, however.

Property and transport loans drag down Public Bank HK’s profits

Minibus and taxi licenses made up over 40% of PBHK’s loans.

Mizuho appoints Yuta Hayashi as new group executive officer

Hayashi is also now the managing executive officer of Mizuho Bank.

Union Bank of India enjoys stablising earnings, improving asset quality

The bank’s recently announced fund raising will provide capital growth, says S&P.

Basel III to improve Japanese major financial groups’ profits

However, risk-weighted assets for the four FIs are expected to rise.

Hong Kong banks’ composite interest rate falls 4bp to 2.61% in May

This was due to a decrease in weighted funding cost for deposits during the month.

Taiwan expected to keep close watch on banks’ properly loan risks

Authorities have hiked banks’ RRR to slow credit inflows and cool home prices.

Mizuho reports 60% emissions cut, allocates $195b for sustainable finance

The bank now employs 1,650 sustainability management experts.

Steady margins and higher trade gains buoy Vietnamese banks’ profits in H2

Asset quality risks are expected to remain contained, Fitch Ratings said.

Thai banks grapple with slowing exports and weak consumer sentiment

Fitch has revised its loan growth estimates to 3% from 5% previously.

Overseas Filipinos’ personal remittances up 3.1% in April

Remittances from the US, Saudi Arabia, and Singapore all grew.