04/26/2023
NAB, Westpac and ANZ to close branches in Victoria, NSW, WA and Qld
The major banks are shuttering more bank branches across the country with calls for them to stop as they rake in “massive profits”.
Retail Banking
04/24/2023
New ‘One DBS’ brand campaign dials up the amplified benefits from DBS Bank India’s expanded scale
New film showcases the bank’s digital prowess, enhanced suite of offerings, Asian connectivity and commitment to sustainability
04/21/2023
Hang Seng Bank : Launches First Prestige Banking “Family+ Account” for Seamless Personal and Family Finance and Wealth Management
Under their own main account, customers can add multiple accounts that are named for a specific family member or a specific need.
04/21/2023
Citi lowers CapitaLand India Trust TP to $1.25 amid higher debt cost
CLINT currently has a portfolio of three data centres in Navi Mumbai, Hyderabad and Chennai, with total power load of about 150 megawatt which will begin construction in FY2023 and complete in 4QFY2024 to 4QFY2025.
04/17/2023
Cathay United Bank (Cambodia) Corporation Limited launches new CUBC mBanking App integrated to Bakong System
This new mBanking App was created with the aim of providing a modern and convenient digital financial experience to customers in Cambodia.
04/14/2023
Bank Indonesia forecast to hold rates at 5.75% for rest of 2023: poll
A majority of economists in the survey predicted the policy rate to stay at the same level for the rest of 2023.
04/14/2023
China’s megabanks plan funding spree to plug capital shortfall
Estimates vary depending on projections of profit, dividends, and asset growth, among other factors.
04/04/2023
NAB introduces payment prompts to protect customers from fraud
We have more than three million customers using the NAB app and NAB Internet Banking every month.
04/04/2023
HSBC Keeps Saying No to Asia
The issue will continue to percolate in the background as long as management and shareholders disagree on what creates real value at the bank.
03/31/2023
OCBC’s Group CEO Compensation Rises by Almost Half
She also received S$ 782,244 in other benefits.
03/28/2023
Xapo Bank Becomes The First Fully Licensed Bank To Enable USDC Deposits and Withdrawals
Xapo Banks marks a watershed moment for digital asset innovation by enabling members to bypass costly and time-consuming SWIFT payments and deposit and withdraw via USDC instead.
03/28/2023
Investment in Vietnam Prosperity Joint Stock Commercial Bank
With this Investment, VPBank will become an equity method affiliate of SMFG and SMBC.
03/27/2023
State Banks Eye Crypto Opportunity in Hong Kong
Included in this group are the Hong Kong arms of Bank of Communications, Bank of China and Shanghai Pudong Development Bank.
03/27/2023
UOB CEO Receives 2022 Pay Hike
Wee’s pay hike coincides with UOB’s record profits in 2022 which rose 12 percent to S$4.6 billion, largely due to higher net interest income from rising rates.
03/22/2023
OCBC Launches Wuhan Branch
The new branch is part of broader plans to «capture the growing Greater China-ASEAN trade and investment flows».
03/13/2023
HSBC launches digital account opening service for foreign passport holders
The new service - the first of its kind among banks in Hong Kong - enables eligible individual customers to open an HSBC HK bank account with a passport via the HSBC HK App remotely.
03/06/2023
Citi Completes Sale of Vietnam Consumer Banking Business to UOB Group
The completed sale of our consumer business in Vietnam puts us one step closer to delivering on our divestiture mandate as part of the firm’s strategy refresh.
03/03/2023
UOB Completes Citi’s Consumer Banking Acquisition Deal in Vietnam
The completion of the acquisition had also included the transfer of approximately 575 Citigroup related staff to UOB Vietnam.
03/02/2023
Citi Completes India Consumer Sale to Axis
Citi will also transfer approximately 3,200 employees to Axis and the transaction is expected to result in a regulatory benefit of $1.4 billion for the US lender.
02/24/2023
OCBC Group Full Year 2021 Net Profit Rose 35% to S$4.86 billion
Group net profit for FY21 was S$4.86 billion, an increase of 35% from a year ago, underpinned by strong growth in non-interest income and lower allowances, which offset a decline in net interest income amid a low interest rate environment.