02/24/2023
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.
02/23/2023
Transformational Citigroup acquisition showing positive results.
02/10/2023
Appointment enables DBS to offer low-cost loans to help accelerate decarbonisation in the world’s second-largest economy
02/10/2023
Singapore banks, among the most well capitalised in the world, are also expected to report record full-year results, stoking market expectations of special dividends.
02/07/2023
The most recent financial development was a signed agreement between Hong Kong and Saudi Arabia’s stock exchanges to explore new collaborative opportunities, including cross-listings.
02/02/2023
CBA is the first Australian bank to provide account “NameCheck” on its digital banking platforms, as new “CallerCheck” feature is launched to verify it’s the bank calling a customer.
02/01/2023
The agreement also delivers on Nano’s strategy to focus on being a provider of technology to financial services companies rather than a home loan provider.
01/25/2023
The impairments will result in a reduction in AMP’s FY 22 statutory profit.
01/25/2023
Stablecoins are intended to hold a set value, for example $1, and come in a variety of forms.
01/20/2023
Retail banks need to develop core capabilities to improve customer centricity and deliver more delightful digital experiences.
01/13/2023
“The 25 basis point hike in January should be the last in the current rate-hike cycle,”
01/10/2023
The programme has an “aim of providing cross-border customers a comprehensive array of wealth management services,” the lender said in a statement.
01/09/2023
The interview is short and clear, and readers can easily compare their reading of the tea leaves with that by finews.asia.
01/06/2023
If the U.S. economy slows down more deeply, that would increase the risk of economic disturbance in Asian countries," Chizuru Tateno, a credit analyst at S&P Global Ratings Japan said.
01/05/2023
The new AMP Bank debit cards are also eco-friendly, using more sustainable materials.
01/04/2023
This project is aligned with AIIB’s corporate strategy, thematic priorities and mission to finance Infrastructure for Tomorrow and sets an excellent example of enhancing connectivity via green infrastructure financing in the transport sector
01/03/2023
According to Reserve Bank of India (RBI) data, 2,331 fraud cases involving Rs 87 crore were reported by banking entities during the six-month period as against 1,532 frauds involving Rs 60 crore.
12/28/2022
Company Plans for Continued Expansion Through Digital Transformation and Financial Inclusion
12/21/2022
UOB sought to spend $500 million to scale digital offerings until 2026, on top of the average $535 million spent on technology yearly in the past four years.
12/16/2022
The announcement of its China wind-down marks the final outstanding APAC market for withdrawal, as per an April 2021 announcement to exit 14 consumer markets globally where the bank lacks the scale to compete.