Retail Banking
Digitalisation amplifies data and liquidity risks
Digitalisation amplifies data and liquidity risks
                                                                                                 
                        
                          Increasing interconnectivity increases complexity and opacity.
                    
                                        
                    
                Vietnam’s PVComBank launches mobile banking services on AWS
                                                                                                 
                        
                          The platform will reportedly benefit 1 million customers of PVComBank.
                    
                                        
                    
                South Korean domestic banks’ net income shrank 24.1% in Q1
                                                                                                 
                        
                          Non-interest and non-operating income dragged down income.
                    
                                        
                    
                Mizuho allots $12.95b to finance hydrogen production
                                                                                                 
                        
                          The bank noted hydrogen as “key” to decarbonisation of various sectors.
                    
                                        
                    
                Mizuho’s net income climbs 22% to $4.39b in FY2023
                                                                                                 
                        
                          An annual dividend of JPY105 per share has been announced.
                    
                                        
                    
                Low carbon push adds $8.4b addt'l revenue for APAC banks
                                                                                                 
                        
                          Between 2031 to 2050, APAC banks will likely 
                    
                                        
                    
                Loan growth & higher fees prop up Singapore banks’ earnings in Q1
                                                                                                 
                        
                          DBS’ and OCBC’s DPS are likely to rise in H2.
                    
                                        
                    
                Chinese banks’ net profits down 0.81% in Q1
                                                                                                 
                        
                          Fees contracted for the first time in 5 years a quarter earlier.
                    
                                        
                    
                Mizuho Financial Group publishes impact business policy
                                                                                                 
                        
                          The policy defines the bank’s course of action on impact-driven businesses.
                    
                                        
                    
                CIMB Group’s opex to ease whilst non-interest income poised for growth
                                                                                                 
                        
                          Loans are poised for a 6% growth, UOB Kay Hian said in a report.
                    
                                        
                    
                CTBC Bank PH unveils redesigned web interface and mobile banking app
                                                                                                 
                        
                          The app features personalised widgets and customisable features.
                    
                                        
                    
                Standard Chartered names three leaders to global transaction banking team
                                                                                                 
                        
                          The three new hires are previously from J.P. Morgan, DBS, and Bank of America.
                    
                                        
                    
                Daegu Bank bets long-term with digital amidst home market issues
                                                                                                 
                        
                          The Korean bank has turned its eyes to Seoul to grow its retail banking activities.
                    
                                        
                    
                Gov’t ties to buoy Korea Development Bank's capitalisation
                                                                                                 
                        
                          Problem loans are expected to rise, however.
                    
                                        
                    
                No contagion risk for Vietnam banks from billionaire corruption scandal
                                                                                                 
                        
                          But it exposed structural weaknesses in Vietnam’s banking and financial industry.
                    
                                        
                    
                PH banks’ total assets expanded 9.2% to $439.3b in 2023
                                                                                                 
                        
                          Both lending and investing activity grew during the period.
                    
                                        
                    
                CIMB Thai’s de-risking and cost optimisation pays off
                                                                                                 
                        
                          Moody’s Ratings says its asset quality, profitability and liquidity is “modest”.
                    
                                        
                    
                 
                                 
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
								 
						 
								 
						 
								 
								 
						 
						 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                