Retail Banking
Bank of East Asia to open select HK branches seven days a week
Bank of East Asia to open select HK branches seven days a week
Cash transactions will not be available during the weekends.
Standard Chartered-FIS’ Worldpay to boost Straight2Bank Pay reach
This hopes to ramp up the bank’s functionalities to cater for businesses in Asia and other markets.
OCBC unveils decarbonization targets for six sectors
The bank commits to achieving a net zero status for its financed emissions by 2050.
Citibank Korea doubles net income in Q1
The net income of KRW84.9b for Jan-March 2023 is 112% higher than a year ago.
Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.
Public Bank Berhad aims for $11b in ESG-friendly financing by 2025
It also plans to finance energy-efficient vehicles worth $7b by 2025.
Sumitomo Mitsui Banking Corporation’s net profit up to $9.34b for FY2022
Year-end dividend per share is JPY125 or US$92.
Hang Seng Bank names Shelley Zhou as head of corporate sustainability
The new executive will head its sustainability division.
Acquisition of Citi’s ASEAN units to boost revenue: UOB
Total UOB cardholders in the region jumped 60% as of end-2022.
Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
And Credit Suisse CEO to join UBS board once deal is completed.
HSBC penalised by India's central bank
The bank reported inaccurate credit information for several expired credit cards.
GXS Bank launches brand in Singapore with GXS FlexiLoan, campaign
GXS collaborated with three local artists to create the key visuals for the campaign.
Korea, Indonesia central banks ink MOU for bilateral trade: report
It reduces companies’ exposure to exchange rate risks.
UOB Hong Kong inks MOU with SGS for sustainable finance
The partnership will help companies seeking to adopt sustainable practices and move towards a net-zero future.
BOCHK raises prime lending rate to 5.75%
The HKD savings deposit rate was also adjusted.
Hang Seng Bank changes its board composition
Michael Wu Wei Kuo retired as the Independent Non-executive Director.
Improved mortgages to support ANZ’s earnings over the next two years
Net interest margin improved 7bps in the six months ending 31 March 2023.
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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