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RBI denies rumors of cancelling Axis Bank's licence
RBI denies rumors of cancelling Axis Bank's licence
Axis Bank is the country's third-biggest private sector lender by assets.
CIMB unveils first branch in Vietnam
This after the full-fledged banking licence was granted in September 2016.
Bank of the Philippine Islands eyes 90 new branches in FY17F
The bank also bought stakes in several microfinance firms.
RHB launches enhanced mobile banking app for affluent customers
The app has seen more than 120,000 new downloads as of October 2016.
ABN Amro sells its private banking business Hong Kong, Singapore, and Dubai to LGT
The sale will be completed in the second quarter of 2017.
Bank of East Asia unveils new securities trading offer
It's for customers who trade China A-shares through the Stock Connect Service.
HSBC Singapore lets customers use Apple Pay
Customers can enjoy US$3.5 off every Apple Pay transaction.
Bankers to get lowest pay rise in 2017
Their salaries are only projected to grow by 3%.
DBS, Bank of Singapore in acquisition mode
Acquisition this year amounted to $400m.
Sri Lankan banks to benefit from higher minimum capital requirements
Commercial banks' minimum capital requirements up from US$67m to US$134m.
DBS' profits to increase by up to 4% on the back of a stronger USD
It has the largest USD loan exposure at 33%.
MAS eyes integrated insurance market in Southeast Asia
Find out what MAS is doing to achieve this integration.
Bank of Singapore to open a branch in Dubai in the first quarter of 2017
It will be located at the Dubai International Financial Centre.
Swiss bank Julius Baer recruits 20 bankers from 1MDB-linked BSI
They are wealth managers of non-resident Indians.
CIMB's NIM down to 2.58% in 3Q16
Blame it on higher funding costs in Malaysia.
The 2nd ASEAN Insurance Conference to be held in Yogyakarta, Indonesia on November 23
Around 250 insurance companies and regulators are expected to attend.
Aetna International's MD Derek Goldberg talks of challenges in Asia's insurance industry
He also reveals three key goals for the company.
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1. Banking turmoil from Indonesian SWF flagged 2. How embedded finance and AI are reshaping Malaysia’s finance sector 3. CIMB pledges S$2.98b to support Johor-Singapore SEZ 4. DBS and OCBC expected to report lower margin in Q1 on SORA easing 5. Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loansResource Center
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Value migration to non-bank players with a "focused" model is accelerating.
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Why high capital levels are a double-edged sword for Singapore banks