Retail Banking
BDO Unibank profits remain flat at $113.51m in Q1
BDO Unibank profits remain flat at $113.51m in Q1
The bank was hit by PHP1b in trading losses and 19bp increase in average funding costs.
Aggregator threat closes in on open banking
Banking customers may switch now that they can compare their bank's performance with others.
Maybank expands Sunday banking services in Singapore
Maybank's Alvin Lee also shares how the bank currently innovates their branches.
China Construction Bank profits up 5.4% to $11.67b in Q1
The lender was able to keep its bad loan ratio flat at 1.49%.
China's shadow banking crackdown slows home market
A tightening lending environment may cause property sales to plummet.
Australian banks speed up Asian retreat as competition and oversight mounts
Amidst tighter regulatory pressures, analysts weigh in on whether Asia is still a market worth conquering.
Are ecosystems the key to boost bank returns?
Networks of ecosystem partners and access to more data lower costs of customer acquisition.
Bank Negara Indonesia profits up 13.3% to $258.48m in Q1
Interest income, fee income, and loan recovery buoyed quarterly learnings.
Kasikornbank profits up 6% to $338.82m in Q1
The bank was able to keep a lid on its bad debt with NPL ratio closing in at 3.3%.
Bangkok Bank profits up 9% to $285.08m in Q1
Core operating revenue also grew across major items.
HDFC Bank loan growth hits 19% in FY18 as retail business outperforms
Loans particularly auto, credit cards, and business banking charged ahead.
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...
Chart of the Week: Check out which countries have the largest unbanked populations
Two Asian countries snagged the top two spots.
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).