Retail Banking

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

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

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.

Hong Kong’s ZA Bank unveils stock rebate programme

Users can also collect a big-name US stock worth up to $77.77.

Mizuho and Lombard Odier ink sustainability alliance agreement

Lombard Odier will act as a strategic advisor and consulting partner to Mizuho.

MUFG issues apology after authorities recommend administrative action

Its two companies were accused of inappropriately sharing data between them.

ZA Bank’s Devon Sin on why Web3 is key to HK’s growth

The bank has expanded services to cater to stablecoin issuers and Web3 companies. 

Rapid loan growth weighs on Bank of Suzhou’s capital ratios

The bank is expected to maintain good asset quality over the same period.