Managers of Wealth Asia Pacific

10 UAE Banks feature in ranking of world's top 500 most valuable

Brand value of world's largest banks contracts for second year running

NAB Announces Plans to Acquire Australian Neobank 86 400

“The combined business will deliver accelerated innovation and an enhanced customer experience to create a stronger and more competitive banking alternative for Australian customers.”

Korean banks speed up corporate culture reforms to survive

The prolonged economic slowdown and the coronavirus-induced financial uncertainties here and abroad have sparked this trend.

NAB Announces Agreement to Acquire 86 400 to Accelerate UBank Growth

The acquisition of 86 400 will accelerate UBank’s growth by combining its established customer base, brand and colleagues with 86 400’s experience and technology platform.

DBS delivers game-changing SME digital banking experience

This is DBS digibanking” includes the ability for Hong Kong companies in simple business structures such as private limited liability company to open a business account completely digitally in as quickly as three working days.

UPDATE 1-Japan's MUFG Bank to introduce fees on dormant accounts from July

“By charging the new fee, we will prevent fraudulent accounts to be opened and used, and will provide a safe and high-quality financial service,”

Bangkok Bank's Fourth-Quarter Net Profit Plunged 70%

The bank set aside expected credit losses of THB7.20 billion amid the pandemic, up from THB5.67 billion in the third quarter.

Bank Islam Brunei Darussalam Selects IslamicMarkets.com to Support Capacity Building Efforts

The bank started with senior management utilizing the IslamicMarkets platform, and this has now been extended to cover all of BIBD’s 900+ employees.

Xinja Bank return of deposits completed

APRA has closely monitored the return of deposits process, which saw all but a small percentage of Xinja deposits transferred to other banking institutions over the past month.

ANZ Key Dates First Half Financial Year 2021

For shareholder reference the key dates for the first half of financial year 2021 are detailed below.

Philippine Banks’ Rebound to Beat Revival From Asian Crisis

The nation’s bad-loan ratio may peak at 6%-7% this year, Consing said, compared with about 4% in 2020, and far lower than the 20% levels seen during the Asian crisis.

HDFC Bank's Q3 standalone net profit rises 18%

The rise in net interest income was driven by advance growth of 15.6 per cent and a core net interest margin for the quarter of 4.2 per cent.

Co-opbank Pertama targets over RM90m profit in 2021

The incentive that we give is higher than normal savings...if we look at savings at most banks, they are less than 1.0 per cent, but CBP gives as high as 1.75 per cent for savings account

RBI unveils guidelines for digital payment infra fund

PIDF scheme’s key aim is to create payments acceptance infra in tier-3 to tier-6 cities

India Eximbank achieves lowest 10-year coupon for Indian issuers

Deal priced inside its fair value amid strong demand

Singapore banks to benefit from pick-up in credit growth this year: CGS-CIMB

They are also forecasting DBS to report lower impairments, and OCBC's non-performing loans to trend upwards to 2.5 per cent to 3.5 per cent in FY21.

Maybank named among Cambodia’s best banks

Among the best features of the bank which lead to international recognitions are the FX services, Maybank2U (M2U) mobile app and Maybank 2E cash management solution.

HSBC breakup will turbocharge CEO’s Asian pivot

The division’s $21 billion in consumer loans implies a tangible book value of $1.6 billion, based on the capital typically carried by other U.S. retail banks.

BRI Partners Alipay in Indonesia

BRI will focus on areas most visited by Chinese tourists, including Bali, Batam and Manado, before expanding the acceptance of Alipay across its network of merchants using QRIS.

S. Korea picks 11 banks as liquidity provider in won-yuan direct trading market

The direct transaction market between the South Korean won and the Chinese yuan was launched here in 2014 to boost payments and settlements in trade using both currencies and lower the exchange rate-related risks.

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