Retail Banking

Kasikornbank may need higher provisions on credit losses

Its IFRS 9 compliance detected a high-risk loan portfolio from high exposure to SMEs.

Kasikornbank may need higher provisions on credit losses

Its IFRS 9 compliance detected a high-risk loan portfolio from high exposure to SMEs.

Malaysian banks' 2018 net profit growth slows to 7.2%

This is compared to a stronger 13.0% in 2017.

CIMB approves Malaysian banks' interest rate hike

The bank believes it is well-equipped to implement the rate growth.

India to put nearly $14b into state banks by March

In return, the banks must implement reforms to boost lending and solve bad debt.

Deutsche Bank hires new managing directors for its wealth management Global South Asia business

Rasik Ahuja, Sagar Sapra, and Swapnil Mishra are the three new managing directors.

DBS wants more private bankers to tap Asia's ultra rich

It eyes boosting its current pool of 200 private bankers by 10-20%.

Bad loan provisions are the biggest challenge for State Bank of India

This alarms the bank even as credit has grown from a three-decade low.

Siam Commercial Bank to save $252m from staff layoffs and branch closures

This move is part of the bank's digital 2020 SCB Vision efforts.

Citi names Sujoy Ghosh as regional head of insurance Asia Pacific

He joins Citi with oversight of the bank’s consumer banking insurance business.

Chart of the Week: Find out how big Thai banks' bancassurance partnerships boost fee income

It's a win for overall profitability that has been under high credit costs.

DBS unveils online payments solution to simplify SMEs' bill payments

This is through a partnership with software company Xero.

Indonesian banks have no more room for rate cuts in 2018

Cutting their reference rate twice in June and September 2017 is enough.

Big thai banks to suffer weak FY17F results

No thanks to higher provision expenses and lower non-interest income.

China unveils rules to clamp down on financial risk

China Banking Regulatory Commission targets to eliminate "chaos" in the financial system.

Philippines' new leverage framework to boost banks' resilience

Banks will be required to hold more capital and curb excessive credit growth.