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Hang Seng Bank to reopen nine branches
Three in Hong Kong Island, three in Kowloon, and three in New Territories.
Hang Seng Bank to reopen nine branches
Three in Hong Kong Island, three in Kowloon, and three in New Territories.
COVID-19 could drive DBS and OCBC's dividends to go over 6%
But net profit forecasts had been cut by 5.8% and 3.7%, respectively.
OCBC launches cheque encashment service in select ATMs
Customers will be able to encash up to $30,000 in a single cheque in ATMs at 23 branches.
Wirecard to process GrabPay transactions for MSMEs
It will also expand GrabPay to more merchants.
Citi Singapore ups paternity leave to four weeks
This is in line with the bank’s new global parental leave policy across 74 markets.
Yes Bank, State Bank of India will not merge
The Indian central bank took over Yes Bank for not having enough capital.
Bank BRI unveils digital credit mobile app
It has a flat interest rate of 1.42% monthly or 17.04% annually.
UOB, Prudential Singapore launch women's savings account
It offers free insurance coverage against six women-related cancers.
Mapletree Investments clinch $316.7m sustainability loan from OCBC
This is Mapletree Group’s fourth sustainable finance transaction with the bank.
HSBC confirms COVID-19 case in China, London offices
These cases are unrelated, interim CEO Noel Quinn said.
CIMB Bank, CIMB Islamic Bank cut rates by 25bp
All financing facilities based on BLR and BFR will be slashed 0.25%.
Surprise US fed cut to weigh on OCBC's NIM
FY2020F NIM could dip below 1.70%.
Ant Financial buys minority stake in Swedish fintech Klarna
The stake was acquired for an undisclosed amount.
Mastercard to lead Indonesian fintech Digiasia's Series B funding
Digiasia offers digital financial services to individuals and MSMEs.
SoftBank CEO assures US investors he'll be more cautious
Hedge fund Elliott Management is urging the firm to buy back some $20b of stock.
OCBC enables instant car loan approvals
It only takes 60 seconds to approve a loan.
Maybank, ING top creditors of embattled trader Agritrade
The Singapore-based commodity trader owes $303.11m to the two banks.
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1. OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses 2. Morgan Stanley opens Southeast Asia headquarters in Singapore 3. DBS, UnionPay launch multi-currency debit card 4. Southeast Asia’s digital banks – the road from good to great 5. Maybank rolls out green financial advisory service to SEA SMEsResource Center
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