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.
Retail Banking
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.
08/31/2018
Alliance Bank posts highest quarterly net profit in three years
Return on equity improved to 10.2%, a ratio in line with guidance," said its group chief executive officer Joel Kornreich in a statement today.
08/29/2018
Hong Leong Financial's quarterly net profit jumps 75.5%
Higher non-interest income, lower tax, commercial banking drive earnings growth
08/29/2018
Bank of China posts 5 per cent rise in first-half profit
The improved interest margin was partially a result of three rounds of reserve requirement ratio (RRR) cuts by the central bank between January and June, which reduced the amount of cash banks are required to hold as reserves.
08/23/2018
Japan's regional banks struggling to survive, some eyeing realignment
Special demand generated by the reconstruction of disaster-hit areas has shrunk, causing the local economy to slump.
08/16/2018
CBA charged more dead customers fees
Avanteos discovered in 2015 it had continued to charge adviser service fees on accounts after being told the customer had died.
08/16/2018
Financial firms rush to Southeast Asia
They say they will slowly but steadily continue their expansion by entering one country at a time.
08/15/2018
Vanguard products launch in the Philippines
The new funds follow the bank’s launch of its first feeder fund in January
08/14/2018
Bendigo and Adelaide Bank lifts FY cash profit 6.4%
The rural and regional bank declared a fully franked final dividend of 35 cents a share, up 1 cent on the same half in the prior year.
08/10/2018
Citi Indonesia Awarded Digital Banking Initiative of the Year-Indonesia
All of these were awarded to Citi for its hard work in developing and optimizing digitization to customers.
08/10/2018
ICICI bank to disburse Rs 10,000 crore retail loan in Punjab, Haryana
In FY'18, retail consumer loans grew faster in the states in comparison to the bank's overall retail loan growth in the country of over 20 percent.
08/10/2018
India’s Axis Bank plans to open up to 400 new branch offices
Axis Bank’s branch network spans across 2,211 cities and towns in India.
08/08/2018
CBA readies wealth demerger, records $9.2bn cash profit
Investors looking to buy Commonwealth Bank's demerged wealth management arm now have a clearer picture about what it looks like - a business which has generated after-tax profit of more than $500 million for the past two years.