08/18/2019
IBK to launch IBK Indonesia in September
IBK's plan is to increase the number of branches there from 30 to 55 by 2023.
Retail Banking
08/16/2019
OCBC plans to bid for StanChart-backed Indonesian lender
Singapore’s second-largest lender is interested in buying the stakes held by Standard Chartered and Astra International.
08/16/2019
Banks betting on steeper RBA rate cuts as risks rise
HSBC had expected the Reserve Bank of Australia to halt its current easing cycle after two back-to-back reductions in June and July to a record low of 1 per cent.
08/16/2019
CIMB Niaga's Net Income Soars
The lender's net interest income – interest gained from lending money after subtracting interest paid to customers – rose by 5.5 percent to Rp 6.32 trillion.
08/15/2019
Kenyan bank eyes representative office in China
The proposed Beijing office will not undertake any banking activities but will seek to provide a platform for Chinese investors who want to establish presence in Kenya, he said.
08/14/2019
Australians Haven’t Fully Embraced Digital-Only Banks, But Open Banking Could Change That: Forrester
More than half of Australian consumers ruled out a switch to digital-only banking entirely in the next two years.
08/13/2019
CBA looks to India after poaching ANZ's offshore boss
Pankajam Sridevi has been lured to run CBA's relatively small Indian team
08/07/2019
Financial Wisdom to shut down
As at August 1, there was 317 advisers licensed by Financial Wisdom.
08/07/2019
HSBC Singapore rolls out global mortgage solution, starting with property in Australia
According to HSBC, customers will also be accorded the HSBC Premier status in Singapore once they take up this international mortgage solution, giving them access to relationship manager support via HSBC's Premier International Centres in the region,
08/06/2019
OCBC’s Latest Earnings: Firing on All Cylinders
OCBC just reported its Q2 2019 earnings and its business was firing on all cylinders.
08/05/2019
Japanese asset manager completes acquisition of First State Investments
"Under MUFG ownership, we will have the financial backing and shared strategic vision to enable us to become an even stronger global investment manager.
08/03/2019
Singapore's OCBC, UOB eye regional expansion as profits grow
Quarterly earnings at both banks exceed expectations
08/01/2019
Clearstream acquires NAB’s Ausmaq
It will also allow existing Clearstream customers greater access to Australian funds.
07/28/2019
ICICI bank posts quarterly profit
But the profit fell slightly short of the estimated 20.87 billion rupees that 19 analysts had expected on average, according to Refinitiv data.
07/22/2019
Bank Islam teams up with fintech players for cashless payment services
BerryPay will provide mobile remittance services to serve foreign worker account holders by bridging them through a unique e-banking system of pseudo bank accounts to other banked and non-banked recipients and vice-versa.
07/22/2019
Orion bets big on small loans
“This project was a steep learning curve for us, but we now have a good system and have put in a strong team behind it.
07/18/2019
Franklin Templeton boosts retail distribution
Ramsay joins Franklin Templeton from Australian Unity Wealth where he was national manager, strategy
07/15/2019
Top Thai Bank’s Digital Platform to Drive Loan Growth Surge
Expects near eight-fold increase in lending via mobile app
07/14/2019
Let’s Talk Luxury
Maybank launches Premier bank services and Visa Infinite Card in the Philippines
07/12/2019
Thailand's biggest bank invests in ride-hailing unicorn Go-Jek
Siam Commercial Bank eyes fintech connection with fast-growing local app