Retail Banking

CBA credit losses to remain low over next two years: S&P

Share buyback will shave off reserves, but CBA should be able to remain above capital requirements.

CBA credit losses to remain low over next two years: S&P

Share buyback will shave off reserves, but CBA should be able to remain above capital requirements.

Bank Mandiri’s loan quality improved moderately in 2023: Moody’s

Share of impaired loans were “modestly lower” compared to 2022.

India’s private banks’ NIMs contract 32  basis points in Oct-Dec 2023

Growth in unsecured loans is expected to slow, which will impact credit growth and NIMs.

Mizuho Financial Group plans to inject $5.7m to trust banking arm

This is so that MTBC can acquire over 600,000 shares of Mizuho.

Bendigo and Adelaide Bank warns of impersonation scams

Criminals pose as bank brands to phish money and banking information.

National Australia Bank appoints Andrew Irvine as new group CEO

He will also become NAB’s managing director, beginning 2 April.

SMFG profits up 3.5% to $5.3b

An earnings per share of approximately $4 has been announced for the period.

India’s Paytm meets with central bank following suspension of deposits: report

Paytm is reportedly seeking to extend the RBI’s 29 February deadline, a source said.

Thai banks’ credit costs rise as tech difficulties, bad loans pile up

Despite their targets to decrease costs, three banks saw them rise instead.

Commercial property woes weigh on Hong Kong banks

But receding risks in mainland China properties will help offset impact, says Fitch.

SMBC appoints ex-Credit Suisse China CEO as new APAC managing director

Carsten Stoehr will join SMBC on 19 February after 25 years in Credit Suisse.

Citi Korea to enjoy strong capitalisation, stable credit profile through 2025: Moody’s

The bank’s winding down of its consumer banking business is a positive.

Citi names Luke Lu as head of banking in China

He will oversee all of Citi’s business and operations in China.

Bangkok Bank enables remote account identity verification through Boonterm kiosks

Customers need only a smart Citizen ID card and their reference code from the app.