12/12/2018
CBA hit with another $335m blow
The new provisions are on top of the $1.1 billion of fines and “one-off” regulatory costs the CBA detailed in its 2018 full-year results.
Retail Banking
12/09/2018
BOC among top 500 banks in Asia Pacific
We are proud not only to be part of the bank but also to be part of the country’s economic profile
12/06/2018
Macquarie Bank set to shake up residential mortgage market
Macquarie is blaming the technological and operational complexity of its so-called "white label" operations and the likely regulatory fallout from increased scrutiny of competition and remuneration.
12/06/2018
Bank Islam Brunei Darussalam goes with Rambus for digital payments
The Rambus TSP solution helps secure the BIBD NexGen Mobile banking app, allowing customers to digitise their cards and send payments.
11/30/2018
DBS named Global Bank of the Year by FT publication
This is testament to our strengths not just in Asia, but among banking leaders worldwide.
11/29/2018
BDO Unibank feted as ‘strongest bank’ in PH
The top 20 strongest banks in the Asia Pacific region included 10 Hong Kong banks, four Chinese banks, two Singapore banks, and one each from Australia, Brunei, Japan, Malaysia and New Zealand.
11/27/2018
Security Bank named Best Bank in the Philippines
With its innovative digital solutions coupled with its strong retail banking business, Security Bank is poised to make BetterBanking the new standard of excellence in banking.
11/26/2018
Metrobank founder passes away
Ty was reported to have been battling pancreatic cancer for months.
11/26/2018
Reserve Bank may loosen LVR restrictions further
The first round of LVR restriction loosening came early this year, though economists say that if any further easing occurs, it would likely be relatively minor.
11/25/2018
'All banks in Malaysia must have three core values'
Thirdly, with regards future planning, we sometimes forget that we are heading towards an uncertain future, so we need to prepare society and our customers to face that future.
11/23/2018
Hong Kong is boosting its links to Chinese banks — but there are risks involved
The regulator announced on Aug. 17 that it ordered Shanghai Commercial Bank to institute changes and pay a fine of 5 million Hong Kong dollars ($637,000) for laxity in monitoring business relationships with nearly three dozen customers.
11/23/2018
IBBL gets ‘Strongest Retail Bank 2018’ award
The programme was held at JW Marriott Marquis Hotel in Dubai of United Arab Emirates (UAE) where Dr Sofiza Azmi, CEO of Cambridge IFA was present.
11/21/2018
CBA board ignored key issues in deciding executive pay
CBA's group chief risk officer of the time David Cohen failed to mention the last three events in his letter to the risk committee as he provided input to deciding the executives' short-term variable pay.
11/20/2018
Hang Seng Bank Completes Pilot Trade Transaction On Hong Kong Central Bank’s Blockchain Platform
The platform is one of the largest examples globally of a government-led, cross-bank effort to reform the multi-billion dollar trade finance sector using blockchain technology.
11/15/2018
ICICI Bank raises retail term-deposit interest rates by up to 25 bps
One can conveniently open a deposit from the comfort of their home/office or using the Bank’s internet and mobile banking platforms.
11/14/2018
Westpac launches new Asia tech push with Singapore hub
Instead of abandoning its high-rise headquarters in Singapore where staff numbers have been whittled down during the past two years, the bank this week opened its doors to a new generation of bankers in the region.
11/12/2018
Indian Bank Q2 results see biz grow 14.28%
The bank announced that interest income grew by 13.01 per cent and net interest income grew by 12.13 per cent (up from Rs 1,544 crore to Rs 1,731 crore).
11/12/2018
UOB’s Digital Bank advances customer-centric data solutions with Meniga
It will also enable UOB’s Digital Bank to understand customer needs better and to prompt them to make smarter decisions in managing their finances.
11/12/2018
Axa IM brings high yield funds to HK retail
One of the products is Asia-focused, which has fewer peer fund competitors than other high yield funds for sale in the region.
11/09/2018
Citibank Posts Net Profit of IDR1.4 T with Strong Loan, Third Party Funds Growth
While booking significant growth in assets, the bank’s capital adequacy and asset quality continue to be robust, with Capital Adequacy Ratio (CAR) at 23.95% and gross and net NPL at 2.37% and 0.70%, respectively.