Retail Banking
Overseas Filipinos’ personal remittances up 3.5% in Nov 2024
Overseas Filipinos’ personal remittances up 3.5% in Nov 2024
Cumulative remittances are on track to rise by 3% for 2024.
MUFG execs take pay cut after safe deposit box incident
The bank is also strengthening its safe deposit box checks and procedures.
Maya disbursed $1.16b in loans in 2024
It now holds almost $666.9m in deposit balances.
Singapore FIs face stricter regulatory scrutiny in 2025
Singapore bucked the trend in 2024, with more fines issued.
Grab, Singtel-backed Super Bank mulls IPO: report
The Jakarta-based digital bank may raise up to $300m, sources said.
Top 25 banks’ market cap rises 27.1% in Q4 2024
ICBC is APAC’s top bank in terms of market cap; DBS rises to 23rd spot.
RHB unveils debit card replacement kiosks.
They’re available in two branches.
Siam Commercial Bank unveils new uniforms made of recycled fabric
The uniforms make use of plastic bottles.
WeLab Bank achieves first breakeven in Dec 2024
WeLab Bank credited it to its expanded loan book.
Land Bank of Taiwan secures license to operate in Australia
It can operate as a foreign authorised deposit-taking institution.
Luxembourg’s Banking Circle to buy Australian Settlements Ltd.
ASL provides settlement and payment services in Australia.
Japanese banks’ total assets at $9.15t in Nov 2024
Banks hold $1.52t in assets overseas.
Vietnam's banking system poised to achieve 16% credit growth: SBV
The growth targets for credit institutions will be determined based on their 2023 ratings.
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks
Banking Reimagined: Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks.
Malaysian banks’ earnings growth to moderate from slower NII growth
Loan growth is expected to recover thanks to more business loans.
BDO names Jeffrey Alejandro as chief audit executive and IAG head
He worked for ING Bank NV and Citibank NA previously.
UnionBank names Vivian Perez as financial risk and performance head
The appointment was effective 2 January 2025.
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1. Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025 2. OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025 3. UOB acknowledges penalty for anti-money laundering breaches 4. Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case 5. UOB signs MoUs to support business expansion across ASEANResource Center
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Awards
Jul
08
Event News
The financial institution emerged as the recipient of the Green Deal of the Year - China and Green Deal of the Year - Singapore awards.
