Retail Banking
St. George Bank tops Australian banks in digital experience net satisfaction: study
St. George Bank tops Australian banks in digital experience net satisfaction: study
Auswide Bank received a negative net satisfaction score for their range of digital products.
HSBC names Sharnika Silva as SEA head of trust and fiduciary services
She has worked with HSBC Trustee for 15 years.
Australian regulator grants IN1Bank a second extension on restricted ADI license
The digital bank is still aiming to get a full license by the end of the year.
Weekly Global News Wrap: Citi to divest Mexico consumer arm via sale or IPO; Wells Fargo hires third-party race auditor
And China’s homeowners rush to offload mortgages.
HDBank’s plan to buy unnamed “weak bank” to weaken loss buffers: Moody’s
Little is known about the target bank and what incentives Vietnamese authorities offer.
Citi, Yahoo launch personal finance hub Life and Money
It is hosted on Yahoo Finance in Singapore.
Rising interest rates births more challenges for Asia's digital banks
Few manage to break even, and those that do are back by conglomerates.
Weekly Global News Wrap: Citi cuts mortgage staff; Banks offer pingpong, free meals in back-to-office push
And UK officials classify $1.27b small business loans as suspected fraud.
Bank of China bad loans, capitalization ‘stable’ amidst real estate woes: S&P
BOC’s NPL ratio for mainland real estate loans rose 62 basis points in H1.
Earnings remain key weakness of Japanese banks: Fitch
Impact of rising interest rates in the US will be mixed, the ratings agency said.
APRA revokes Volt’s authorised deposit-taking institution licence
The bank first announced its closure in June.
Australian regulator removes Westpac add-on liquidity requirement
The removal of the add-on takes effect this 1 September.
Grab, Singtel-led digital-only bank GXS debuts in Singapore
It has launched a savings account with a customizable pockets feature.
CIMB Group core net profit jump 18.4% in H1
Interim dividend for the period is 13 sen per share.
Standard Bank Bangladesh unveils its first-ever sustainability report
It made use of the GRI Standards.
South Korea’s Toss Bank to raise $224.7m via new stock issuance: report
It will raise the company’s total capital stock to KRW1.35t.
Public Bank H1 profits stumble over one-off prosperity tax
This was partially offset by higher net interest income.
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1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. OCBC to finance $10.9b of investments to UK growth sectors 3. Singapore’s financial sector turns to contract hiring for cost control 4. India’s credit card spend slumps 9% MoM to 7-month low 5. ANZ moves up incoming CEO Nuno Matos’ start date to May 12Resource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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