Retail Banking

Bangladesh’s Dutch-Bangla Bank to face tough operating conditions in 2024: S&P

The bank should be able to maintain its satisfactory franchise, however.

Bangladesh’s Dutch-Bangla Bank to face tough operating conditions in 2024: S&P

The bank should be able to maintain its satisfactory franchise, however.

BEA rebrands, upgrades digital services and bank branches

The bank has introduced artificial intelligence and fintech solutions to digitalise and automate operations.

RCBC unveils banking services in a remote Philippine island

Inhabitants of Turtle Island will now have access to RCBC’s deposit and digital payment services.

Norinchukin Bank outlook negative amidst rising unrealized losses: Moody’s

The losses should reverse in 2024 as interest rates begin to decline, the ratings agency said.

India’s commercial banks reports 17% higher net interest incomes

Banks also witnessed a 13.5% deposit growth for the quarter.

Weekly Global News Wrap: JPMorgan Chase to open more branches; EU banks make record payouts

And Portugal’s Novo Banco reportedly exploring potential tie-up with WiZink.

Weak profits, structural challenges on the horizon for Bangladeshi banks

Weak lending standards and foreclosure laws will continue to drag down asset quality.

Property exposure risks remains Cambodian banks’ Achilles heel: analyst

Profitability will remain under pressure due to stiff competition and high costs.

Australia to amend retail payments regulation in 2024: governor

Reforms will include better cost transparency from BNPL, mobile wallets.

APAC emerging banks’ profits to benefit from higher rates in 2024

Expect some minor asset-quality deterioration, however.

Indonesia, Korea unveil operational guidelines for local currency transactions

This is part of the two countries’ agreement to promote bilateral transactions in local currency.

SC Thai to maintain robust capitalisation, but profitability volatile: expert

The bank is expected to receive support from its parent SC in case of times of need

Gen AI to add up to $340b new value to banks: McKinsey

It will add $56b and $54b in new value to corporate and retail banking, respectively.

SMBC India names Sandeep Chopra as head of corporate coverage

Chopra reports to Rakesh Garg, chief business officer of SMBC India.

Banks face negative outlook in 2024 amidst bad loans, higher costs

ASEAN banks, however, will benefit from policy changes arising from geopolitical tensions.