News
HDFC Bank says internet banking issues 'resolved'
HDFC Bank says internet banking issues 'resolved'
Its repeated technical glitches pushed India’s central bank to take action.
Commerzbank mulls exit from Hong Kong, other Asian locations
Asia sales activities will be bundled in Singapore.
CIMB posts $293.5m net profit for FY2020
Higher loan provisions affected the bank's performance.
OCBC net profits down 26% to $3.59b in FY2020
CEO Samuel Tsien maintained a cautious outlook for the economy’s recovery.
Demand for Islamic banking set to soar in South Asia, SEA
The large untapped population in these regions and government support will drive long-term expansion.
UOB's net profits down 33% to $4.34b in FY2020
The group emphasized wealth and connectivity-related services as tenets for growth.
No significant funds from Myanmar firms, individuals in Singapore banks: MAS
The regulator expects financial institutions to remain vigilant to any risk-posing transactions.
Chart of the Week: Growth of local e-commerce drives rise of e-payments in Australia
Buy now, pay later solutions are popular amongst Millennials.
Citigroup mulls divesting some APAC retail banking units
Revenue from consumer banking in the region declined 15% in Q4.
Australia's Bank of Queensland to acquire ME Bank for A$1.3b
This ramps up BoQ’s competitiveness via increase geographic diversity and scale of operations.
China's central bank offers $31b liquidity for banks' medium-term loans
The PBOC said authorities won’t make 'sharp turns' in monetary policy.
HSBC Singapore to name new CEO
Current chief Tony Cripps will become CEO of Saudi British Bank in May.
Philippine banks to offload bad loans via asset management firms
They will be granted tax incentives to cover transferring costs.
India shortlists four mid-sized banks for privatisation
Two of those lenders will be selected for sale in FY2021/2022.
Weekly Global News Wrap: Banks scramble with bitcoin as adoption soars; Amex probed for small consumer cards sales
And Germany's Commerzbank sinks into red with $3.3b Q4 loss.
Japan's banking regulator surveys lenders on impact of COVID restrictions
The regulator is reportedly seeking to prevent a huge rise in bankruptices of businesses.
Taiwan's central bank punishes Deutsche, ING, ANZ on currency speculation
They are not allowed to trade Taiwan dollar deliverable, non-deliverable forwards for a time.
Thought Leadership Centre
Most Read
1. Chubb launches Chubb Wealth with no platform fees for HNWs 2. HSBC Singapore names Suzy White to its board 3. MariBank links remittances to Weixin Pay via TenPay Global 4. How digital payments are forcing QSRs to rebuild checkout and staffing 5. DBS to focus on tech resilience and grow fee income in 2026: analystResource Center
Read Here
Advertise
Sign Up
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership