Retail Banking
RCBC boosts rural presence with ATM Go
RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
Westpac unveils block option that stops retail transactions
It can be activated via the Westpac app or online banking platform.
China’s ICBC still world’s most valuable bank brand: study
Brand value went up 10% during the year.
Vietnam extends supply chain finance program to 2030 to support SMEs
The second phase will focus on assisting Vietnam’s regulatory agencies.
HDFC Bank now accepting deposits under India’s savings scheme for seniors
HDFC will act as an agency bank and help source scheme deposits.
RBI Governor tells urban cooperative banks not to break depositors’ trust
Malhotra stressed the importance of maintaining high standards for customer service.
India’s central bank names new executive director
Shri Indranil Bhattacharya will look after the Dep’t of Economic and Policy Research.
Westpac expands female entrepreneurs fund to A$1b
The first A$500m has reportedly helped over 1,155 start or grow their businesses.
ANZ to launch digital account lock option by mid-2025
It will block card access as well and won’t affect standing future-dated payments.
SBI Shinsei Bank outlook stable despite $2.2b repayment deal
On 7 March, it agreed to repay JPY330b in public funds to the Japanese government.
Krungthai Bank strengthens business position with higher profitability
KTB has notably closed its profitability gap with peers, according to S&P.
SCB, GLN launch cardless ATM withdrawals for Korean tourists in Thailand
Tourists just need to scan a QR code via their app.
Digital bank platform ANZ Plus reaches 1 million customers
Over half (55%) consider it their main bank account.
SCB X eye more profits from Gen 2 firms as Thai corporates cut bank loans
Its banking services loan portfolio contracted in 2024, whilst those from Gen 2 expanded.
Australia’s Westpac unveils the Social Tailored Deposit
The minimum deposit is A$1m and will be directed to socioeconomic initiatives.
CommBank rolls out discounts to small business with Yello for Business
Customers receive discounts on various brands and exclusive pricing on Samsung products.
NAB names Andrew Auerback as group exec for B&PM
Group chief risk officer Shaun Dooley will work as acting group CFO.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?