Retail Banking
India’s Axis Bank names central bank ex-deputy governor as non-executive chairman
India’s Axis Bank names central bank ex-deputy governor as non-executive chairman
N.S. Vishwanathan will assume the role on 27 October, pending approval.
Dah Sing Bank shows solid capitalisation, funding and liquidity: Moody’s
The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity.
Bank of China HK’s HKD prime rate, savings deposit rate unchanged
Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.
HSBC winding down wealth, personal banking business in New Zealand
The bank can no longer justify investing into this business, it said in a statement.
How Maybank SG's YES fuels tech growth of new SMEs
Over 500 business owners discover a groundbreaking e-financing solution that empowers SMEs to thrive in the digital age.
Aggressive loan growth leaves HDBank more vulnerable to risks
Its asset quality may be further strained by its planned acquisition of a ‘weak’ bank
CIMB reaps benefits from de-risking, cost optimisation initiatives
Net interest margin compression will be offset by improved profits and stable capital.
Green Link Digital Bank commemorates one year, plans of SGX listing 2027
The bank celebrated by donating S$150,000 to charity.
PAOB launches Business Revolving Loan in expanded eftPay collaboration
It offers a maximum credit limit of up to HK$300,000.
South Korea’s new capital buffers to strengthen banking system’s resilience
No capital raising or sheet adjustment is expected from the country’s biggest banks.
Commonwealth Bank of Australia waives transaction fee for overseas money transfers
The waived fees exclude Japanese yen transactions in its CommBiz platform.
Shareholder support key for Hong Kong virtual banks to weather failure risks
Six out of the eight virtual banks in the city reported narrower losses in 2022.
Korean banks’ net income jump 24% in Q1
Interest income declined as a result of interest rates falling during the period.
UBS to finalise Credit Suisse acquisition by 12 June
After the acquisition, Credit Suisse and American Depositary Shares will be removed from SIX and NYSE.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.
Banking on customer experience
By Ricky Kapur, Head of Asia Pacific, Zoom
Deposit war squeezes Malaysian banks’ margins
There is a steady outflow of savings deposits into higher-yielding fixed deposits, says S&P.
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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.
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Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks