Retail Banking
DBS launches new savings plan for US and Australian dollars
DBS launches new savings plan for US and Australian dollars
Customers may get a rate of 1.68% for the US dollar plan and 6% for the Australian dollar.
Maybank and YES BANK establish ties
The alliance seen to step up trade and investment between India and South East Asia.
China's Big Four see huge outflows
Sources suspected that a large chunk of the $65.75bn deposits have flowed to the high-yielding private lending markets.
China seen to lift suspension of city banks’ expansion
The regulator to assess lenders' interregional expansion after more than 30 of them have expanded beyond their home provinces.
Commonwealth Bank confident on weathering crisis
The lender’s chief believe influx of retail deposits would protect Australian banks against higher funding costs.
Bank of China sets up first overseas commodity units in Singapore
This is the first time that a Chinese commercial bank has established such business overseas.
Korea savings bank suspensions push deposits up
Thed suspension of ailing savings banks stirred investors to seek safer financial institutions inn Korea resulting to an increase in news deposits...
Commonwealth Bank of Australia appoints 2 senior executives
The lender gave weight to Grahame Petersen’s strong strategic skills and Annabel Spring’s extensive global banking markets and wealth management...
Westpac appoints Peter Hanlon, as group executive transformation & productivity
Christine Parker will take over group executive human resources post vacated by Hanlon.
DBS Bank to invest S$250m in private banking over the next 5 years
Its new platform targets high net worth individuals with investible assets of S$1.5m and up.
Deutsche Bank strikes deal with China Merchants Bank
The MOU to boost German lender’s presence in Asia, particularly in China.
State Bank of India expects profit to exceed $2.08bn
Despite series of diminished profit in the previous quarters, the lender hopes to get $519.92mn second quarter profit.
Asia Commercial Bank eyes joining Vietnam’s top four
The lender’s chief targets to join the club in four years.
Singapore’s loan growth slowdown may be more severe, warns analyst
FY12 loan growth is forecast to be between 8% and 8.5% which is sharply lower than FY11’s forecast of between 16% & 20%, but it doesn’t stop there.
Philippines' total bank profits up 23% to $1.07bn
Robust operating income and disciplined expenses fuelled growth.
Prudential mulls increasing its 26% stake in ICICI
Indian government seen to allow foreign insurers to raise their stakes.
Suspension of savings banks to have limited impact on Korea’s banking system: analyst
As the savings bank sector accounts for roughly 5% of the national banking system, which is relatively too small for it to make a big enough impact.
Thought Leadership Centre
In Association with
Most Read
1. UOB reports flat net profit growth in Q1 despite record fee income 2. Sea rebrands digital finance business SeaMoney to Monee 3. Barclays integrates Ant Int’l model to FX hedging platform 4. DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses. 5. Hong Leong Bank unveils Meet @ HLB Branch concept in SemenyihResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Productive sectors need more capital to stimulate the slowing economy.
Commentary
The Asian connection: China's path to sustainable growth