Retail Banking

Digital banks won't be a threat to big Singaporean banks: analyst

Singapore poses as a hard-ground for virtual entrants.

Morgan Stanley looks to hire 30 private bankers for Asia

The bank’s record 2019 profit was partly anchored by its wealth business.

Vietnam Prosperity Bank bags $212.5m financial package from IFC

It will be used to expand VPBank’s lending to SMEs especially and boost green financing.

ING names new CEO of APAC wholesale banking

Krista Baetens was chief risk officer for ING Belgium before taking the role.

Deutsche Bank Wealth management names new head of wealth discretionary

Siok Kuan Tham succeeded Tuan Huynh last 8 January. Deutsche Bank Wealth Management has appointed Siok Kuan Tham as head of wealth discretionary for...

Physical bank branches still matter, consumer study reveals

But more than half won’t bank with an institution that doesn’t offer a digital experience.

Thai banks' net profits expected to grow 27% in Q4 2019

But earnings are down 6% over the same period due to higher operating expenses.

How KBZ Bank strides towards financial inclusion in Myanmar

They launched mobile wallet KBZPay, banking on the country's high smartphone penetration to improve financial connectivity.

Surge in Philippine property prices threaten banking system

A boom in the POGO sector led to a 10% YoY rise in residential real estate prices in Q3 2019.

How banks can win in a rapidly shifting global payments arena

Incumbents are building up capabilities and forging partnerships with former foes to stay competitive.

TONIK Digital Bank to launch in the Philippines in 2020

It will offer a full range of retail banking services, primarily retail deposits and consumer loans.

What you must know about sustainable banking activities in Bangladesh

Sustainable banking is getting momentum in developing countries and Bangladesh has been one step ahead now by initiating particular sustainable...

APAC finance firms adapt defensive stance for 2020

Geopolitical and macroeconomic risks threaten the sector’s overall credit profiles.