05/06/2021
The US lender said last month that it would exit retail banking in 13 markets across the Asia-Pacific region, Europe and the Middle East as new chief executive Jane Fraser undertakes a wider strategy refresh.
05/06/2021
“Here in Australia, the economy has returned to pre-pandemic levels and we are expecting GDP growth of 3.7 per cent this calendar year,”
04/30/2021
ICBC’s reported loan follows previous reports of assurances from the regulator of the payment due on April 27 and a deep credit rating cut by Fitch.
04/26/2021
Citigroup ultimately plans to exit retail-banking operations in Australia, Bahrain, China, India, Indonesia, South Korea, Malaysia, the Philippines, Poland, Russia, Taiwan, Thailand and Vietnam
04/21/2021
Viet Capital Bank becomes the first Vietnamese bank to issue JCB Corporate Credit Card.
04/21/2021
The APLMA is a professional institution with members from financial and non-financial institutions in Asia Pacific that actively participate in the loan market.
04/16/2021
"As a result of the ongoing refresh of our strategy, we have decided that we are going to double down on wealth,"
04/15/2021
The bank is undergoing restructuring to further focus its resources on growth opportunities in the region.
04/13/2021
The nonperforming debt stems mainly from the manufacturing, wholesale, retail and service sectors
04/08/2021
These awards represent exceptional recognition of our team's focus on delivering solutions across Asia Pacific through a time of challenge.
04/08/2021
New research from CommBank Rewards shows more than eight in ten Australians intend to shop locally in future.
03/31/2021
The Philippines’ government introduced 1.3 trillion pesos of stimulus to stem economic fallout from the pandemic.
03/29/2021
The recovery in Australia’s hospitality industry is picking up as consumers steadily increase spending.
03/26/2021
Interestingly, the PBoC’s decision contrasts with a Bank of China International report last year which urged against reliance on SWIFT due to political risks in favor of CIPS which is now a shareholder of the new joint venture.
03/26/2021
Societe Generale is the latest global bank to cut office space in Hong Kong, which faces political uncertainty in addition to the ongoing pandemic.
03/25/2021
Westpac is also assessing the appropriate structure for its New Zealand business and whether a demerger would be in the best interests of shareholders.
03/25/2021
With reward points, customers can redeem with a wide range of attractive gift items.
03/18/2021
CommBank unveils new buy now, pay later offering
CommBank’s new BNPL offering available anywhere debit and credit cards are accepted, with no additional BNPL costs.
03/18/2021
CommBank: Aussie companies to pay $26 billion in dividends
Almost 80 per cent of ASX 200 companies issued a dividend during the interim reporting season as Australia moves into a new phase for the economy and share market.
03/17/2021
Mizuho to postpone bank unit's change at helm after slew of system failures -media
Japanese Finance Minister Taro Aso said on Tuesday the system failures were a major problem that erodes customer trust.