Retail Banking

Japan’s SMFG reports higher Tier 1 capital and ratio for 2024

But its total capital ratio was slightly lower than a year ago.

PH central bank pushes for digital wage payments

PH central bank pushes for digital wage payments

DBS launches multi-currency commercial debit card

Businesses can lock in rates 1 year in advance.

Military Commercial JS Bank to sustain profits despite rising bad loans

Its NPL ratio deteriorated to 1.6% in June 2024 vs 1.4% a year earlier.

Chinese banks must move from size reliance to sustain profits

Most struggle to diversify their income sources as they seek short-term growth.  

Mizuho Bank’s Tier 1 Capital Ratio at 14.26% in June

This is 0.66 percentage points (ppt) higher than in March 2024.

CBA to retain capital levels despite buyback, high dividend payout

Cash net profit after tax declined 2% in the latest financial year.

South Korea’s corporate loans rise in July; deposits decline

Tax payments and outflow of funds for various reasons led to the drop.

OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN

Multinationals are likely to hasten their ASEAN expansion.

Philippine central bank to grant up to 4 new digital bank licenses

The moratorium for new licenses will be lifted on 1 January 2025.

Six Thai banks to sustain improved earnings through 2026: Fitch

They are well-positioned to face risks after years of excessive provisioning.

Krung Thai Bank likely to miss loan growth target for 2024: analyst

Government loan demand will rise but yield will be lower.

Manufacturing, household spending weigh on KBank’s Q2 net profits

Net profit for the quarter is 6.18% lower than in Q1.

Metrobank’s net income up 9.6% in Q2

The bank reported higher gross revenue and expenses for the quarter.