Retail Banking
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
20 hours ago
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
20 hours ago
CIMB’s Dato’ Abdul Rahman Ahmad to step down as group CEO
CIMB has not named a successor yet.
1 day ago
Rising rates lift profitability of Japan’s 77 Bank
The same rising rates will increase the bank’s unrealized losses on its domestic bonds.
1 day ago
Philippine National Bank’s profitability to improve on more SME loans
Liquidity is expected to decline as it accelerates lending in 2024.
1 day ago
India rejects 2 applicants for a small finance bank licence
Two other applications remain under examination.
2 days ago
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.
5 days ago
ICBC planning $5.5b loss absorbing bonds sale: report
The world’s largest bank by assets is likely to issue CNY20b.
5 days ago
Transferable deposits drive South Korean banks’ deposit growth in March
Banks hold an outstanding KRW2.36t in deposits as of end-March.
6 days ago
Maybank issues apology following digital and payment service disruption
Customers were temporarily unable to make online and retail payments on 5 April.
6 days ago
HSBC sells Argentina banking operations with $1b loss
Grupo Financiero Galicia will be paying $550m for the unit.
6 days ago
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.
Commentary
Beyond the Hype: Building Trust in Generative AI for a Secure Financial Future
Empowering green growth through sustainable finance in Bangladesh
The Transformative Power of Finance for the People
Asia's Voluntary Carbon Markets Beyond the Storm: New Opportunities for Financial Services?