01/26/2021
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.
01/25/2021
“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,”
01/25/2021
The bank set aside expected credit losses of THB7.20 billion amid the pandemic, up from THB5.67 billion in the third quarter.
01/25/2021
The bank started with senior management utilizing the IslamicMarkets platform, and this has now been extended to cover all of BIBD’s 900+ employees.
01/20/2021
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.
01/20/2021
For shareholder reference the key dates for the first half of financial year 2021 are detailed below.
01/18/2021
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.
01/17/2021
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.
01/10/2021
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
01/07/2021
PIDF scheme’s key aim is to create payments acceptance infra in tier-3 to tier-6 cities
01/07/2021
Deal priced inside its fair value amid strong demand
01/05/2021
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.
01/04/2021
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.
12/31/2020
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.
12/30/2020
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.
12/29/2020
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.
12/28/2020
The mainland central bank also called for a timetable as soon as possible and to understand the need for the overhaul.
12/21/2020
Usually, announcement of the winners takes a year after a licensing framework is launched.
12/16/2020
Australian domestic payment schemes to merge
The merger is the result of a review by the Reserve bank of Australian which noted consolidation of some domestic payment groups should be considered.
12/15/2020
It currently provides acquiring, payment processing, point-of-sale and other payment solutions to one million merchants and 1,200 banks and financial institutions globally.