05/18/2020
Public sector Canara Bank said on Monday it has launched a business vertical dedicated for gold loans to meet emerging financial needs of customers in view of the current challenges and uncertainties.
05/18/2020
NAB to hire 400 staff to help assess COVID customer status
The bank later confirmed more than 500 customers had reversed their home loan repayment pause to date.
05/17/2020
With branches shut, customers social distancing and fearful of tainted cash, the brick-and-mortar giants are seeing a surge in demand for digital services for everything from wealth management to insurance.
05/14/2020
The platform gives them transparency via a price-finding mechanism.
05/13/2020
Commonwealth Bank of Australia has today released its trading update for the quarter ended 31 March 2020.
05/12/2020
The Digital Adviser has a minimum investment of RM500,000 ($115,000), while corporate investors who use the Fund Direct feature must meet the minimum investment requirements of the respective UOBAM-managed funds.
05/11/2020
Excluding Covid-19 related provisions, the profit after tax would have been Rs 3,260 crore (US$ 431 million)
05/08/2020
General allowances also soared to $382 million from $17 million previously, which includes forward-looking macroeconomic variable adjustments to buffer for stresses expected against the recessionary market outlook.
05/06/2020
They have also tapped a Monetary Authority of Singapore facility for Enterprise Singapore loans that lend at an interest rate of 0.1 per cent.
05/06/2020
PNB will engage with its external fund managers to help meet the target, and some of its employees will also be seconded to those outside firms.
05/05/2020
While spending remains well down from a year ago, CBA’s latest credit and debit card data shows early signs of improvement, especially online.
05/04/2020
The agriculture-related outstanding loans of the bank stood at 1.31 trillion yuan at the end of March, up 45.2 billion yuan from the end of 2019.
05/04/2020
Merger strengthens IMB distribution capability and increases ties with
05/04/2020
The profit plunge adds to a dismal earnings season for Australia’s biggest banks, which have historically been among the world’s most profitable.
05/03/2020
Hundreds have taken to the internet to protest the lender’s handling of the contract rollover and to demand it assume some of the shortfall.
05/01/2020
Technology has helped the insurance, brokerage and wealth management industries scale up and reach more customers with their services.
04/30/2020
Fintechs can publish their APIs on the marketplace alongside the bank's, allowing anyone on the platform to consume other fintechs' APIs as well.
04/30/2020
Consumer loans, however, shrank by 1.4 per cent to $258.23 billion last month from $261.93 billion in February
04/29/2020
The transaction includes the broking operations, licence and assets of AUSIEX.
04/27/2020
BNZ's cash earnings of $562 million compare with $532 million in the previous first half.