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Citibank Korea launches automated cross-border sweeping services
Citibank Korea launches automated cross-border sweeping services
Becomes first bank to offer this liquidity management solution.
BII inaugurates first branch in Mumbai
BII Mumbai is capitalized at US$28 million.
PBOC signs MoU with FDIC
Agreement covers technical assistance and other concerns.
Aussie financial services group acquires Korea’s Evergreen Savings Bank
Will focus on consumer and small business lending.
Bank of Taipei to open branch in Taoyuan by year-end.
It has 22 branches, outlets in Taipei, New Taipei City.
China Guangfa Bank, China Mobile start mobile Internet banking service
Nationwide rollout to follow.
RCBC sold 89% stake in Bankard to PBB Trust
Purchase price yet to be revealed.
BoCom buys Shanghai office building
It’s one of China's biggest office transactions.
Brunei Islamic takes chair of China-ASEAN IBA
Becomes second chair of the association.
Singapore, China will allow direct trading between currencies
Will strengthen Singapore's status as leading offshore RMB hub.
RMB settlement, clearing services rolls out on Taiwan's RTGS system
How will banks benefit from it?
RMB jumps to 8th spot as most traded currency in the world
Market share is now up to 1.49%.
Bank of China boosts presence in Latin America and the Caribbean
Partners with the International Finance Corporation.
CIMB Bank unveils chip-based mobile point-of-sale payment solution in Malaysia
Here's a new way to pay through smartphones, tablets.
Commonwealth Bank activates Emergency Package for customers affected by NSW bushfires
Branches in these 4 areas will be open for assistance.
CTBC, Miyazaki Bank forge agreement
CTBC continues expansion into Japan.
BTMU to promote investment in Vietnam province
Believes Dong Nai has huge potential for attracting investment.
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Value migration to non-bank players with a "focused" model is accelerating.
Commentary
Why high capital levels are a double-edged sword for Singapore banks