Retail Banking

TMB Bank profits up 9% to $72.44m in Q1

Net fee income, which surged 35%, buoyed quarterly earnings.

TMB Bank profits up 9% to $72.44m in Q1

Net fee income, which surged 35%, buoyed quarterly earnings.

Weekly Global News Wrap Up: UBS wealth management underperforms in Q1; Embattled Wells Fargo faces shareholders and protestors

And Nigeria’s central bank has injected $210m into the interbank foreign exchange market. From Reuters: Swiss bank UBS disappointed investors on...

OCBC loan growth poised to hit 7.9% in Q1

Strong corporate demand especially in real estate and hospitality industries are poised to drive growth.

Bank account ownership in India surges to 80%

The Jan Dhan Scheme has brought an additional 310 million people into the banking system.

MUFG appoints Janice Chua as managing director and head of Asian operations division

MUFG Bank has appointed Janice Chua as managing director & head of Asian Operations Division (AOD).

India's banking woes dampen economic outlook

The banking sector is saddled with $210b in problem loans. Bloomberg reports that India’s chronic bad debt problem has spiraled beyond the control of...

Hong Kong banks scrap fixed-rate mortgages as interbank lending rates surge

HSBC and BOC have stopped offering the popular loans whilst ICBC will stop on May 1.

Amazon's big plunge into banking

Banks that focus on customers over products have the best shot at standing up to Amazon's juggernaut when it steams into their market.

Indonesia makes headway in curbing its unbanked population

Almost half of adults now have a bank account, up from a fifth in 2011.

APAC banks grapple with growing property risks: Fitch

Rising property loans and household indebtedness may pose problems for banks’ balance sheets soon. Higher levels of property exposure are raising the...

New reporting standards to aid China's shadow banking crackdown

IFRS 9 will support Beijing’s bid to curb credit growth and balance sheet consolidation.

MAS tightening to bolster Singapore banks' performance

Banks are set to benefit from rising loans which grew 10%, as well as higher SGD and USD interest rates.

Which APAC banks need to brace for IFRS 9 impact?

Find out which banks may face difficulty amidst a lack of long-run historical data.

Can Hong Kong banks meet IFRS 9 requirements on time?

Profitability may be hit amidst higher provisioning prerequisites.

The biggest challenges Southeast Asian banks are facing today

Banking executives today not only have to deal with running the bank, but also transforming it to grow in a sustainable manner. Banks have to balance...