06/29/2020
Ageas Insurance will hold 49 per cent in the venture while Federal Bank will have 30 per cent stake, with IDBI Bank holding the remaining 21 per cent stake in the insurance firm, after the stake sale.
06/29/2020
Customer preference has shifted definitively from desktop computers to the mobile phone to access online services.
06/24/2020
Net advances grew by 6% to INR 19,131 crore from INR 18,108 crore in the corresponding period of the previous year, despite a challenging external environment.
06/22/2020
The funds will support frontline healthcare workers and vulnerable communities across the world through 31 beneficiaries
06/19/2020
The questions, she noted, are designed to foster corporate diversity and to foster an integrative workplace.
06/19/2020
Japanese banks piled into foreign bonds, mortgage-backed securities and overseas investment trust funds to beat global interest rate declines in the first quarter, said Takuto Ninomiya, associate director-general of the BOJ's financial markets depart
06/12/2020
Airstar Bank is owned 90% by Xiaomi and 10% by Hong Kong-based investment banking firm AMTD Group. The bank won a license in May 2019 and started a pilot run in March.
06/09/2020
The Commonwealth Bank of Australia has taken steps to tackle the issue of technology-facilitated abuse after it identified customers sending potentially abusive messages in banking transaction descriptions.
06/05/2020
The state-run bank’s net interest income fell less than a percent year-on-year to Rs 22,766 crore. Analysts had forecast NII at Rs 25,403 crore. SBI’s asset quality improved over the January-March quarter.
06/04/2020
It’s questionable whether seeking better growth opportunities overseas offers a path out of their troubles, though, especially when coronavirus lockdowns have devastated economies across the globe.
06/04/2020
Commonwealth Bank is taking steps to address the issue of technology-facilitated abuse to provide a safer banking experience for customers.
06/03/2020
ANZ has for several years tried to sell UDC, and in early 2018 nixed a NZ$660 million ($461 million) deal with Chinese conglomerate HNA for the business
05/27/2020
The policy-based loan will help the Southeast Asian economy grow its government and corporate bond markets and expand its investor base
05/26/2020
It is also planning to further invest in growth areas like Asia and the Middle East.
05/26/2020
It is understood the board's review of what is already the biggest overhaul in the bank's 155-year history will involve deeper job cuts.
05/25/2020
The latest award comes after the bank was named Best Islamic Bank in Brunei by Global Finance Magazine and Best in Islamic Finance Asia Pacific 2020 by the International Investor.
05/25/2020
It remains unclear whether the OFBank will actually be “the first” all-digital banking platform in the country.
05/25/2020
The full effects of rate cuts across key markets will show in 2Q income, with net interest margin expected to compress 15bps in the current rate environment, Maybank said in its outlook for 2020.
05/25/2020
The relocation and expansion of the Toul Kork branch affirms Maybank’s assurance that there is no disruption to any of its services arising from the outbreak of COVID-19.
05/22/2020
"Chris's appointment will help us deliver on this strategy."