NAB has acquired a Vietnam operation, buying out partner Positive Thinking for the Ho Chi Minh City technology center, and it is setting up Indian operations, the report said.
NAB was selected following an auction process to acquire Citi's Consumer Business, which includes credit cards, loans, retail banking, mortgages and wealth management solutions for high net worth individuals.
CBA and its partner More are offering conditionally pre-approved home loan customers access to a free nbn plan for three years, saving them over $2,700.
Deutsche Bank will implement cash deposit machines at TAF branches in Indonesia, which transmit real-time payment data to TAF, streamlining the highly manual collection process and improving cash flow forecasting.
CBA, seen as a technology leader in banking, on Tuesday laid out its strategy for maintaining its powerful position as the country’s biggest and most profitable financial institution in the face of growing competition from technology-based rivals.
"These promotions speak to the incredible strength, talent and expertise of our team, and our continued and unwavering commitment to developing our people to become future leaders."
The Global Business Review Magazine Awards studies companies from different sectors from banking, finance, insurance, real estate, leadership, and technology.
In February, UOB reported 2021 net profit of S$4.08 billion ($2.99 billion), up 40 percent from 2020.
The latest Bank of the Year in the Philippines Award is BDO’s fourth from The Banker, having received the same accolade in 2013, 2017 and 2019.