12/21/2023
Deutsche Bank Doubles Capital in Indonesia
The new capital injection will support the bank’s growth in the country and allow it to undertake more activity for clients.
Retail Banking
12/08/2023
Metrobank Gets Back-to-Back Bank of the Year Award from The Banker
This year, Metrobank has been receiving accolades from acclaimed international award-giving bodies and Philippine government agencies.
11/30/2023
Siam Commercial Bank : SCB Wealth Holistic Experts
SCB WEALTH has revealed robust investment asset growth, surpassing industry benchmarks with a 7% yoy growth amid a challenging economic landscape.
11/29/2023
Visa and Standard Chartered to make instalment payments more seamless for Asia Pacific credit cardholders
Standard Chartered Visa credit cardholders can choose their preferred repayment plans instantly and flexibly at online and in-person checkouts for an enhanced shopping experience
11/20/2023
Citi Completes Indonesia Consumer Sale to UOB
In total, this resulted in a regulatory capital benefit for Citi of around $1.1 billion.
11/17/2023
OCBC Acquires CBA’s Indonesia Unit
Following the transaction, Bank Commonwealth will be merged into Bank OCBC NISP.
11/16/2023
Cooperation with Gojo & Company in financial inclusion
Moving forward, the two companies will work together on sharing insights and co developing solutions.
11/13/2023
Commonwealth Bank expands financial abuse technology access
The big four bank said the AI model helps identify digital payment transactions that include harassing, threatening or offensive messages.
11/13/2023
ANZ profit climbs as CEO cautions on fragile economy ahead
That’s likely to keep competition strong for home loans as more homeowners roll off ultra-low fixed mortgages from during the pandemic on to much higher floating rates.
11/08/2023
In a world first, CBA shares its artificial intelligence model to help reduce technology-facilitated abuse
This announcement builds on the bank’s bid to reduce technology-facilitated abuse in light of research¹ showing 1 in 4 Australian adults have experienced financial abuse from their partner.
11/08/2023
Jenius Bank Launches Savings Account Product in the U.S
SMBC Group will continually create new businesses that best serve and add value to customers in the rapidly evolving digital financial environment.
11/06/2023
DBS Group: Third-quarter net profit rises 18% to SGD 2.63 billion as total income increases 16% to record SGD 5.19 billion
Nine-month net profit up 35% to SGD 7.89 billion, ROE at 18.6%
11/06/2023
Westpac embarks on huge tech project to rebuild spaghetti IT systems
Analysts say complexity has been a drag on Westpac’s market share and net promoter scores measuring customer satisfaction, and probed about the costs and execution risks of the new project.
10/31/2023
HSBC Flags China Property Worries
China’s commercial real estate sector was prominently featured, accounting for $500 million in charges for the third quarter and $800 million overall in the first nine months of 2023.
10/30/2023
HSBC Holdings plc 3Q 2023 Earnings Release
This underlines the substantial distribution capacity that we have, even as we continue to invest in growth.
10/27/2023
StanChart Q3 profit slumps on China impairment charges
That compared with $996 million a year earlier and the $1.41 billion average of 16 analyst estimates compiled by the bank.
10/26/2023
UOB: Fee, Interest Income Climb Higher
Net interest income also increased by 9 percent to S$2.4 billion due to a 14 basis point boost in net interest margin.
10/26/2023
Malaysia’s Maybank buys balance 20% in asset management unit for 70.39 million ringgit
The bank did not specify why it needs the green light from the Singapore central bank. It’s likely because Maybank Asset Management also operates in Singapore.
10/24/2023
OCBC Rolls Out Generative AI Access to All Staff
Including the time required to ensure factual accuracy, tasks were completed 50 percent faster than before.
10/23/2023
UOB Aims to Grow Indonesia Unit’s Profit Share
The target will be on track after the completion of Citigroup’s consumer banking business by the end of 2023.