06/15/2022
Commercial Bank closes $750m Asian syndicated term loan facility
Commercial Bank is executing well on its strategic plan which is recognised by the market
Retail Banking
06/08/2022
Citi Completes Sale Of Australian Consumer Business To National Australia Bank
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.
06/06/2022
CBA offers eligible home loan customers free internet for three years
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.
06/03/2022
Deutsche Bank to install cash machines at PT Toyota Astra Financial Services branches in Indonesia
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.
06/03/2022
China In-Focus: Beijing asks state-owned policy banks for $120bn for infrastructure projects
China will take the needed measures to prevent domestic firms from being blacklisted in the US.
05/26/2022
MUFG to open first Japanese bank branch in Indian fintech zone
Lender looks to provide low-cost dollar financing from Gujarat site
05/17/2022
Westpac to build new institutional banking platform
Leveraging 10x Banking’s latest contemporary and cloud-native core technology, Westpac’s institutional clients will benefit from a new market-leading digital experience
05/17/2022
CBA’s Comyn seeks to fend off ‘attackers’ with digital loan push
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.
05/16/2022
Commonwealth Bank makes raft of new appointments
"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."
05/16/2022
Japan’s Two Largest Banks Add Billion-Dollar Russia-Linked Provision
The Russia-Ukraine conflict and the subsequent Western sanctions continue to be a headline issue for global banks.
05/12/2022
CBA reports third quarter cash profits of $2.4 billion as the economic momentum remains strong
Disciplined execution on the Group’s strategy including continued growth across CommBank’s core banking businesses and sound credit quality underpinned the latest quarterly performance.
05/03/2022
CBA interest rate decision
CBA responds to the Reserve Bank of Australia’s cash rate decision
04/29/2022
DBS Group - First-quarter net profit at SGD 1.80 billion
The Board declared a dividend of SGD 36 cents per share for the first quarter.
04/21/2022
Retail investors in Singapore can now invest in new DBS CIO Barbell Income Fund
With just SGD1,000, retail investors can buy into a ready-made and professionally managed portfolio
04/19/2022
RCBC reaps back-to-back International Awards in Q1 2022
The Global Business Review Magazine Awards studies companies from different sectors from banking, finance, insurance, real estate, leadership, and technology.
04/11/2022
UOB: Citi Acquisition to Boost Unsecured Loans
In February, UOB reported 2021 net profit of S$4.08 billion ($2.99 billion), up 40 percent from 2020.
04/01/2022
The Banker names BDO Bank of the Year in Philippines
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.
03/31/2022
Citi Sells India Retail Unit to Axis Bank
Axis Bank was reportedly the most preferred bidder for Citi’s retail unit in January followed by Indian rival Kotak Mahindra in second place.
03/24/2022
NAB announces further on-market buy-back of up to $2.5 billion
NAB continues to operate well above APRA’s Unquestionably Strong benchmark of 10.50%
03/10/2022
Japan banks, Grab are vying for Home Credit's US$2b assets
Some bidders have expressed interest in acquiring the entire South-east Asian and Indian portfolio, while others are interested in South-east Asia only, the people said.