Retail Banking
Philippines’ oldest bank eyes takeover of Citi’s local retail business
Philippines’ oldest bank eyes takeover of Citi’s local retail business
Newly appointed President TG Limcaoco said that BPI has sufficient capital to fund it.
Citi to exit consumer banking in 10 Asian markets, doubles down on wealth
Consumer bank presence in Singapore, Hong Kong, UAE, and London unaffected.
Citi to exit consumer banking in 10 Asian markets, doubles down on wealth
Consumer bank presence in Singapore, Hong Kong, UAE, and London unaffected.
Malaysian banks' profits to recover faster than SEA peers: Moody's
Compared to regional peers, Malaysia’s biggest lenders have the smallest share of loans under relief programs.
Indonesia’s Bank BRI to offer digital banking, lending products in Bukalapak
This comes after the bank’s venture capital arm invested in the company.
MUFG China appoints new deputy president
Johnson Yuan takes over from Liu Lihong, who is transferring to Japan.
UOB prices Singapore's first sustainability bond offering
UOB raised $2b with a final order book of $3.7b.
Malaysian banks’ profits to recover faster than SEA peers: Moody’s
Compared to regional peers, Malaysia’s biggest lenders have the smallest share of loans under relief programs.
Landbank subsidiary claims Philippines’ first digital banking license
OFBank first began operating in June 2020 as a dedicated thrift bank.
Weekly Global News Wrap: Credit Suisse takes $2.7b hit from Archegos; Deutsche to advise Italy's Carige sale
And US FTC shuts down mobile savings app Beam.
Long way ahead for the Philippines’ digital banking hopes
Infrastructure and consumer issues remain, even with the framework laid out.
Mergers imminent amongst Japan's regional banks: study
Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.
Singaporean customers more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Singapore banks headed for stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5% in 2021, according to Moody’s.
Singapore banks to see stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5%, according to Moody’s.
Japan's financial firms face activist climate votes as AGMs near
Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.
Tonik launches Philippines’ first official neobank
It offers up to 6% interest rate per annum.
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