Branch Banking
APRA notes declining deposit-taking branches, waits for senate inquiry to closures
Branch numbers have been declining by 37% since 2017.
APRA notes declining deposit-taking branches, waits for senate inquiry to closures
Branch numbers have been declining by 37% since 2017.
Citibank Singapore launching new satellite wealth advisory hubs in 2024
The Parkway Parade hub and One Holland Village hub expands Citi’s physical footprints.
HSBC Singapore appoints new head of commercial banking
She previously held the role of head of global banking.
BPI eyes shifting branch agent role from transactions to advisory: exec
President and CEO TG Limcaoco said that BPI wants their branch agents to spend 70% of their time offering advice to clients.
Vietnam’s Techcombank opens two new HQs in Hanoi, Ho Chi Minh
The buildings are energy-efficient and wholly owned by the bank.
Why optimised office space unlocks more workplace value for banks
Mike Davis, Managing Director of Occupier Services for Asia-Pacific at Colliers, sheds light on the real estate strategies employed by banking and...
Thailand’s KBank has issued U$546m in sustainable financing
It shared plans to replace its cards with EVs or shift to using biofuel.
BPI’s first half earnings leaps one-fourth from last year’s
It reached a consolidated net earnings of P25.3b during the period.
Chinese joint stock banks turn sour, economic outlook grim
All five banks saw single-digit contractions in operating income.
Hang Seng Bank opens two new cross-boundary wealth management centres
One is in Shenzhen and the other is in Tsim Sha Tsui.
Hiring freeze felt as HK banks focus on talent development
Many senior roles in banking get cut, but relationship managers, private bankers, and tech roles remain sought after.
MUFG halfway to its 2030 sustainable finance target
The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.
Hang Seng Bank adjusts weekday service hours of physical branches
Branches are open from 9AM to 5PM on weekdays.
Bank of Singapore appoints Ranjit Khanna as Middle East global market head and Dubai branch chief
The appointment is effective 3 April 2023 and subject to regulatory approval.
OCBC opens Wuhan branch
OCBC Wing Hang Bank (China) now has 19 branches across 14 cities.
Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre
The 10,000-square-foot space is staffed by senior bankers and specialists.
Why the universal banking model is no longer sustainable
Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.
Commentary
Plotting a Roadmap to a thriving Digital Finance Ecosystem
How Open Finance Transforms Emerging Economies Like the Philippines
The resilience and growth of Islamic Banking in Bangladesh