Managers of Wealth Asia Pacific

Backing businesses for the future

CBA supports Federal Government’s expanded scheme loans for small and medium businesses.

Challenging conditions but FY21 Asset Finance lending at a 10-year high

"Pleasingly, despite the current lockdown restrictions in many of the states, we’re already seeing strong demand for asset finance in FY22."

CommBank's StepPay available now

CommBank’s new buy now, pay later StepPay is available anywhere CBA cards are accepted and is the first BNPL from a major bank.

CommBank recognised as customer engagement rises across its digital channels

Two independent research firms rank the CommBank app as Australia’s #1 mobile banking app, again.

Westpac sells Australian life insurance business to TAL

The transaction sees Westpac exit manufacturing life insurance products and releases significant capital back to the bank.

NAB Announces Agreement To Acquire Citigroups Australian Consumer Business

NAB CEO, Ross McEwan, said the proposed acquisition supported NAB’s strategic growth ambition for its Personal Banking business.

CommBank digital feature makes it easier for businesses to navigate COVID-19 support

CommBank extends personal banking digital feature to help businesses connect more easily with unclaimed government benefits and rebates.

OCBC Group First Half 2021 Net Profit rose 86%

Group net profit for 1H21 was 86% higher from a year ago at S$2.66 billion, driven by income growth and a reduction in allowances.

UOB's 1H21 net profit increased 29%

Despite the uneven economic recovery across markets, UOB’s proactive and focused approach to supporting customers in their business and investment needs continued to reap positive results.

New CBA partnership strengthens support for small business

Leading advocacy body and Australia’s largest bank have formed a new partnership to support small business customers.

CBA branch changes help secure services and employment in regional Australia

Commonwealth Bank branches in 90 regional locations are adapting to meet customers where they are now.

Westpac and BankSA welcome SA Government support package and reaffirm support for South Australians

“If South Australians are facing financial difficulty, we encourage them to contact us early so that we can work together on tailored support measures for their individual circumstances.”

CBA enters new strategic partnership to reward customers

Commonwealth Bank partners with Melbourne-based telecommunication providers – More Telecom and Tangerine – to offer discounted NBN and broadband services to its customers.

QNB expands its footprint in Asia with Hong Kong branch opening

Hong Kong is the gateway for the Group's clients to Mainland China and wider Asia.

OCBC introduces sustainability training programme for all employees

The modules are for all 30,000 OCBC employees, including those overseas.

Apex Group secures global company secretarial services mandate with Bocom

This global mandate is an expansion of the Group’s existing relationship with Bocom who have been a client since 2011.

Japan's SMFG to buy 5% stake in Philippine bank RCBC

The company also focuses on lending to small and midsize enterprises, which has seen an increase in demand following the coronavirus outbreak.

Westpac confirms it is retaining Westpac New Zealand Limited

“WNZL is a strong business that has been serving New Zealand for 160 years.

CBA launches bold new recruitment drive

In a bid to deliver global best digital experiences, Commonwealth Bank has set itself the aggressive recruitment target of appointing 50 new engineers each month.

Central American development bank to open S. Korean office in Seoul

The finance ministry said the CABEI's Seoul office will help more South Korean firms make inroads into the Central American market, and serve as a chance for Seoul to become a financial hub in Northeast Asia.

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