Retail Banking

19 Jan 21
But they are unlikely to pose a challenge as newcomers and incumbents target different clients.
19 Jan 21
Up to 373 million locals could open a digital-only bank account in the next five years.
19 Jan 21
Local lenders may rebound in three to four years.
18 Jan 21
Much has been written about the likely death of incumbent banks in the face of coming competition from neobanks (or digital banks) soon to be...
18 Jan 21
Gross bad loan ratio shrank to 0.8% at end-December.
18 Jan 21
The bank will provide vaccine education as well as support for side effects.
15 Jan 21
Q3 FY2021 earnings are set to jump 6.5%.
13 Jan 21
It can now served the nearly 410 million Jan Dhan account holders.
12 Jan 21
Helen Wong faces expectations of improving group profits and optimizing capital levels.
12 Jan 21
And Italy's Monte dei Paschi di Siena will open books to possible partners.
11 Jan 21
Helen Wong will be replacing Samuel Tsen on 15 April.
9 Jan 21
Banks in Indonesia, Japan, and Taiwan are likely to consolidate due to weak performances, analysts say.
8 Jan 21
Higher asset risks can put pressure on standalone credit profiles.
7 Jan 21
Consumers are willing to trade their personal info for more tailored service offerings, says Accenture's Paul Ng.
7 Jan 21
With smart phone usage growing year over year, mobile banking is the preferred method of customer engagement with banks.
7 Jan 21
It wants to strengthen its capital base for possible acquisitions.
7 Jan 21
J. Safra Sarasin Group said it expects the deal to close by H1 2021.
7 Jan 21
The institute aims for DBS employees to acquire the latest tech skillsets.
5 Jan 21
This is the fourth time since May 2020.
4 Jan 21
Core shadow banking activities continued to shrink in 2020.
4 Jan 21
The bank now has approximately $285b in Assets Under Management.
23 Dec 20
Junichi Hanzawa will replace Kanetsugu Mike, said a Nikkei report.
15 Dec 20
The bank plans to hire over 330 relationship managers by 2025.
15 Dec 20
Their bigger buffer is hinted by a higher provision coverage and better profitability.
14 Dec 20
Growing smartphone use will push consumers to demand mobile services.
8 Dec 20
AI to have biggest impact in financial services, but advisory services will still require human interaction.
8 Dec 20
The group will proceed with its plans to create a one-stop digital solutions platform.
8 Dec 20
But earnings headwinds and asset quality will remain under pressure.
8 Dec 20
The bank is targetting a 15% ROTE in the region by 2022.
6 Dec 20
An Ant Group entity and the Grab-Singtel consortium are amongst the successful applicants.
4 Dec 20
Sustained-but-subdued profits may drive banks to take on more risk to boost earnings.
3 Dec 20
WeLab Bank achieved 10,000 sign-ups just 10 days after launch.
2 Dec 20
UOB’s mobile-only bank makes use of personalization to attract Thailand, Indonesia’s tech-savvy generation.
2 Dec 20
Its recent study found ample interest in sustainable investing from affluent Singaporeans.
1 Dec 20
Singapore’s big three remain the only ASEAN banks prohibiting financing of new coal-fired power plants.
1 Dec 20
A longer period is needed to confirm strength of affected portfolios.
27 Nov 20
Both banks have blamed the pandemic for their poor performance.
27 Nov 20
Ivy Chan has experience with Hang Seng Bank and HSBC Taiwan.