10/24/2018
Thrift banks’ assets up 4.82% in H1
Thrift banks’ trust accountabilities likewise fell to P9.435 billion or 14.99 percent lower compared to end-June of 2017’s P11.099 billion.
Retail Banking
10/23/2018
UOB applies digital onboarding across full product range
Now customers can authenticate their identity using their SingPass and consent to the use of their personal information as part of the application process.
10/23/2018
Maybank to deepen Singapore presence with new locally incorporated subsidiary
Maybank Privilege customers enjoy dedicated services tailored to their needs, including priority banking services, access to comprehensive financial solutions, and invitations to exclusive lifestyle events.
10/21/2018
Maharashtra State Co-operative Bank to enter retail banking through merger of UCB branches
Although the proposal is yet to be cleared by the RBI, the MSC Bank has already received a proposal of merger from the Rupee Co-operative Bank.
10/15/2018
StanChart non-committal about Indonesian plans
This meeting is held adjacent and at the same location as the larger annual meeting of the International Monetary Fund and World Bank Group.
10/12/2018
ANZ chief says remediation is "distracting"
The Standing Committee on Economics panel put it down to cultural problems that came from the top.
10/11/2018
DBS to mentor social enterpreneurs in Singapore under new programme
The programme is being administered by the DBS Foundation and the bank's SME banking team.
10/11/2018
Instant transfers now possible 24/7 at majority of financial institutions across Japan
Out of the 1,275 financial institutions using the zengin system, about 500 banks and Shinkin banks, except Norinchukin Bank, applied for the new system.
10/05/2018
CBA fires up over Dollarmites criticism
Executive general manager of the bank's retail arm, Mark Jones said CBA is proud of its school banking program, which has been running now for 87 years.
10/03/2018
Japanese banks welcome blockchain to fight challenger banks
Local banks and financial firms are looking into blockchain to reduce transaction time
10/03/2018
SCB opens investment centre at Sasin
Two more branch openings are planned outside university premises this year, taking the total to 14 by year-end
09/27/2018
With revamp complete ANZ poised to grow institutional business in Asia
The Melbourne-headquartered Australian bank expects 5pc revenue growth from its Asian institutional operations
09/27/2018
E-commerce boom driving demand and investment in Asian warehousing
Recent e-commerce booms in China, led by Alibaba and JD.com; in Korea by GMarket; and in Singapore by Lazada have all accelerated investments in recent years.
09/24/2018
Bank of India to shut down 2 units in UK
As many as 41 units were in losses in FY17.
09/19/2018
HSBC Singapore beefing up commercial banking division
It's hiring to support international companies here and across Asean
09/19/2018
New Silk Road Finance Awards 2018 Middle East & Africa: Best Chinese bank in the region for BRI
Agricultural Bank of China
09/19/2018
NAB cuts bonuses for executives
This variable reward will be paid 40% in cash at the end of the financial year.
09/10/2018
NAB keeps mortgage rates on hold at 5.24% 'to rebuild customer trust'
Bank to leave standard variable rate unchanged despite lift in rates by Westpac, Commonwealth and ANZ
09/09/2018
BDO bags multiple honors at Asian Banking and Finance Awards 2018
Bank through wholly-owned BDO Capital & Investment Corporation also won a string of awards at the newly-created category
08/31/2018
RHB grows Q2 net profit by 12.2%
The group made a net profit of RM570.3 million, compared with RM501.0 million for the same quarter in the preceding year.