Retail Banking

Former HSBC Philippines CEO Jose Arnulfo Veloso to be appointed as PNB chief

He will replace Reynaldo Maclang who’s retiring by November.

Former HSBC Philippines CEO Jose Arnulfo Veloso to be appointed as PNB chief

He will replace Reynaldo Maclang who’s retiring by November.

Chinese banks' asset pool hits $37t in July

Asset growth picked up at a faster pace on an MoM basis.

South Korea's big banks poised to hit year-end offshore profit record

This would mark the first time the KRW1t ($897.5m) mark has been breached.

China Construction Bank sells 27 rural lenders to BOC

The village banks failed to generate significant contribution to their parent bank's bottomline.

Philippine big banks half-year profits up 7.7% to $1.45b

The combined assets of the banking sector also hit $301.58b.

RHB Bank to roll out digital loan application platform

It has tapped on fintech iMoney and credit information bureau RAMCI.

Japan's competition watchdog approves merger of Nagasaki banks

Fukuoka Financial Group and Eighteenth Bank are expected to merge in April 2019.

China scraps foreign ownership limits on banks

Foreign stakes were previously capped by up to 25%.

Why risks remain for Asia's top banks

Asia’s banks have been in a sweet spot this year: operating performances, asset quality, and credit quality are all relatively stable, and...

South Korean banks to launch North Korean financial products

Kookmin Bank has unveiled a trust fund for families separated by the border.

Close Chinese ties raise Hong Kong banks' compliance risk

The SAR already faces medium-high money laundering risk.

China urges banks to ramp up government bond purchases

Regulators may scrap the 20% reserve requirement.

DBS and Singtel team up to boost e-marketplace for SMEs

They aim to instantly connect SMEs to an e-commerce platform onboard the 99%SME site.

AMBank profit up 5.9% to $84.93m in Q1

Expenses fell 7% to $125.19m amidst the bank’s efficiency programme.

The full-fledged recovery of India's banks hinges on privatisation and mergers

Overseeing 21 public sector banks has proven too difficult a task for the government.

Growing bad loan burden dims Chinese banks' H1 profit outlook

Profits of the country’s top five banks are expected to rise around 4.7% to 7%.