Retail Banking
RMB on the lookout for new bancassurance partner: report
RMB on the lookout for new bancassurance partner: report
Deal could be worth over RM1b, sources said.
Thailand’s TMB Thanachart Bank to see higher profits in Q3
Net profit is expected to come at around $117.5m, 14% higher than a year ago.
A Seemingly Gargantuan Ask for FSIs: Mixing Individualization, Compliance, and Lighting-Fast Speed in the Consumer Banking Equation
Cracks in the financial ecosystem can erode confidence and deter foreign institutional investment. Recent occurrences, particularly the collapse of...
CIMB Philippines triples revenue, doubles loan portfolio in H1
The digital-only bank now has 7.13 million customers in total.
Public bank ties up with gov’t to finance SMEs
Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.
Strong regional earnings boosts MUFG’s profits
In case of trouble, MUFG has a high likelihood of getting government support.
Tech and transformation take center stage at the ABF Summit 2023
Over 180 participants graced the 20+ sessions in the day-long event.
HSBC earmarks $1b to support climate tech start-ups
They hope to fund start-ups offering a range of climate tech solutions.
Hang Seng names new head of commercial banking
She will take over Donald Lam beginning 14 October.
Citi India initiates 12-month WFH set-up after mothers give birth
This comes on top of their paid maternity leaves.
UOB Malaysia unveils supply chain management services in UOB Infinity platform
UOB clients will be able to digitally connect to buyers, suppliers, and distributors across Asia.
South Korean banks’ deposits up by $21b in August
Transferable deposits and time deposits both grew.
DBS's Sanjoy Sen explores digital currency, future M&A opportunities
Sen also discussed DBS’ recent integration of Citi Taiwan’s assets in just one weekend.
Thailand’s KBank has issued U$546m in sustainable financing
It shared plans to replace its cards with EVs or shift to using biofuel.
BPI’s first half earnings leaps one-fourth from last year’s
It reached a consolidated net earnings of P25.3b during the period.
Grab-owned digital bank scores Bank Negara Malaysia approval
The bank started operations last 1 September.
Alipay+ touches down in the Philippines revealing three new mobile wallets
It will be made available to merchants in Manila and Cebu.
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1. Johor-Singapore economic zone seen attracting regional firms: OCBC 2. Thailand tightens anti-money laundering measures after UN report 3. HSBC clinches Citi banker to head int’l wealth hub in Singapore 4. Hong Kong launches incubator for banks’ adoption of DLT 5. South African fintechs look to Hong Kong for fundingResource Center
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ABF Retail Banking Awards 2024 Winner: Standard Chartered Bank - Florence Wong
Winner of the Employer Award of the Year - Silver at the ABF Retail Banking Awards 2024, Standard Chartered Bank prioritises employee development.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks