Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Indian banks see further declines in bad loans despite economic headwinds
A recent report said major Indian lenders experienced further declines in bad-loan ratios, supported by stronger balance sheets and improved recovery mechanisms despite broader economic challenges facing the sector.
Kasikornbank reports Middle East war weighs on its asset quality outlook
Kasikornbank said the ongoing war in the Middle East had weighed on its asset quality in the second half of the year and it pledged proactive support and relief for affected customers.
Nigeria bucks regional trend as African banks post profit growth across markets
African banks recorded rising profits on higher interest rates and currency gains, while Nigerian lenders saw earnings decline after two years of exceptional gains driven by naira devaluation and elevated rates.
Ecobank Group shareholders approve $40m dividend as 2025 results vindicate GTR strategy
Ecobank Transnational Incorporated shareholders approved a US$40 million dividend for 2025 at the 2026 AGM in Lomé, marking the Group's first payout since 2022 amid strong full year results under its GTR strategy.
Karur Vysya Bank raises US dollar FCNR(B) deposit rate to 7 percent
Karur Vysya Bank hiked its FCNR(B) US dollar deposit rate for 3 to 5 year maturities to 7 percent per annum, up from 2.63 percent, an increase of 437 basis points.
Kasikornbank says Mideast war weighs on Thailand bank's asset quality outlook
Kasikornbank said the ongoing war in the Middle East had dented its asset quality prospects for the second half of the year and pledged proactive support and relief measures for affected customers.
Punjab & Sind Bank posts record FY26 profit and warns on MSME stress
Punjab & Sind Bank posted a record ₹1,322 crore profit in FY26 and said it monitored its MSME loan book amid concerns that a prolonged West Asia crisis could dent borrower cashflows.
CIMB and China CITIC Bank sign LOI to strengthen China ASEAN banking links
CIMB and China CITIC Bank signed a Letter of Intent to enhance financial connectivity between China and ASEAN, focusing on Malaysia and Indonesia to support trade, cross-border financing and investment flows.
Yes Bank raises FCNR(B) deposit rates to draw non-resident funds in India
Yes Bank offered 7% on three-year FCNR(B) deposits, 7.05% on four-year deposits and 7.10% on five-year deposits to attract remittances and non-resident inflows, a spokesperson said.
Kasikornbank says Middle East war dents its asset quality outlook
Kasikornbank said the Middle East war dented its asset quality outlook for the second half, and it pledged to provide proactive support and relief measures for customers affected by the conflict.
Goldman Sachs executive opposes Solomon’s support for Kathy Ruemmler and departs
Russell Horwitz, one of the few Goldman Sachs executives to raise the taboo subject, left the bank after opposing CEO David Solomon’s backing of Kathy Ruemmler for a senior role at the firm.
Punjab & Sind Bank reports record FY26 profit and flags MSME risks
Punjab & Sind Bank posted a record ₹1,322 crore profit in FY26 and said it was closely monitoring the MSME loan book amid concern that a prolonged West Asia crisis may hit cashflows.