Retail Banking

PwC, StanChart release analysis on CBDCs' role in future banking

The paper highlights CBDCs programmability and how they can revolutionise retail, trade, and supply chain finance.

8 hours ago

PwC, StanChart release analysis on CBDCs' role in future banking

The paper highlights CBDCs programmability and how they can revolutionise retail, trade, and supply chain finance.

8 hours ago

Public Bank unveils PB SecureSign in major security overhaul

This is in line with the bank’s commitment to boost cyber protection.

8 hours ago

HSBC unveils new measures to support Hong Kong, mainland startups

A specified lending fund was increased to $3b.

1 day ago

Axis Bank names Nurani Subramanian Vishwanathan as independent director

Vishwanathan has had diverse experiences as a central banker since 1981.

2 days ago

Indian banks’ profits to stabilize; weak assets to persist for some

Weak assets are expected to make up 5.2% of gross loans for FY2023.

5 days ago

Public Bank posts 22.6% net profit surge in Q1

It expects market volatility to be heavily influenced by US and EU banking environment.

Cambodia's Sathapana Bank incorporates AI for credit risk management

It aims to power its credit risk management with Artificial Intelligence (AI).

How will China’s new rules on asset classification affect banks?

The new measures expand on classifying asset risks of banks.

Hang Seng warns customers of faux Instagram account

This is the fifth time in May that Hang Seng Bank warned of a fake account.

Maybank records 10.7% increase in Q1 profits

The group’s profit before tax also grew 2.7%.

Hang Seng says ‘be vigilant’ of new deceptive sites

Fraudulent websites may display the bank’s logo.

HSBC names new South Asia head of wealth and personal banking

Kai Zhan g will be responsible for expanding wealth management across South Asia.

Hang Seng organises $100m social loan for Unistress

This funding will entail establishing schools for children and transitional homes for low-income households.

HSBC appoints Wing Tai Properties CEO as independent non-executive director

Cheng has also been named to HSBC’s remuneration committee and risk committee.

Taipei’s Fubon Bank reports record-high Q1 profits

Credit card issuance also saw a surge.

Central bank rate cuts could raise Philippine banks’ earnings by 2.6%

Every 100bp rate cut would free PHP106b of liquidity.

Bank of East Asia to open select HK branches seven days a week

Cash transactions will not be available during the weekends.