Retail Banking
Weekly Global News Wrap: Citi to cut 20,000 jobs in two years; Spain’s BBVA expects higher dividend payout
And crypto firms in UK are introducing new risk assessment and profile tests ahead of stricter regulations.
Weekly Global News Wrap: Citi to cut 20,000 jobs in two years; Spain’s BBVA expects higher dividend payout
And crypto firms in UK are introducing new risk assessment and profile tests ahead of stricter regulations.
Boost-RHB digital bank clinch official approval to commence operations
Boost Bank aims to pave the way for a new era of embedded finance
Philippine central bank amends policy on bounced checks
It has also reintroduced the Intraday Settlement Facility for banks.
Partnerships, carbon action, talent acquisition key for SEA banks’ in 2024: analyst
Developing new workforce capability is now a necessity given macro factors.
Mizuho introduces new medium-term targets for financed emmissions
The new targets are in the automotive and maritime transport sectors.
BPI, RBC merger approved
It will take effect on 1 January, with BPI as the surviving entity.
Bangladesh’s Dutch-Bangla Bank to face tough operating conditions in 2024: S&P
The bank should be able to maintain its satisfactory franchise, however.
BEA rebrands, upgrades digital services and bank branches
The bank has introduced artificial intelligence and fintech solutions to digitalise and automate operations.
RCBC unveils banking services in a remote Philippine island
Inhabitants of Turtle Island will now have access to RCBC’s deposit and digital payment services.
Norinchukin Bank outlook negative amidst rising unrealized losses: Moody’s
The losses should reverse in 2024 as interest rates begin to decline, the ratings agency said.
India’s commercial banks reports 17% higher net interest incomes
Banks also witnessed a 13.5% deposit growth for the quarter.
Weekly Global News Wrap: JPMorgan Chase to open more branches; EU banks make record payouts
And Portugal’s Novo Banco reportedly exploring potential tie-up with WiZink.
Weak profits, structural challenges on the horizon for Bangladeshi banks
Weak lending standards and foreclosure laws will continue to drag down asset quality.
Property exposure risks remains Cambodian banks’ Achilles heel: analyst
Profitability will remain under pressure due to stiff competition and high costs.
Australia to amend retail payments regulation in 2024: governor
Reforms will include better cost transparency from BNPL, mobile wallets.
APAC emerging banks’ profits to benefit from higher rates in 2024
Expect some minor asset-quality deterioration, however.
Foreign banks in China grapple with asset quality stress, regulation fluctuations
Their assets make up 1.3% of the system as of H1 2023.
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Join the journey on 25 June 2024, and be part of the catalyst for progress in this dynamic sector.
Join the journey on 25 June 2024, and be part of the catalyst for progress in this dynamic sector.
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