Frances Gagua
Thailand’s Krungsri sets sights on Vietnam expansion with SHB Finance acquisition
Thailand’s Krungsri sets sights on Vietnam expansion with SHB Finance acquisition
Krungsri will acquire the 50% remaining shares of SHB Finance over the next three years.
Thailand publishes revised consultation paper on virtual bank framework
BOT will propose licensing regulations by July.
Hong Leong Islamic Bank names Dafinah Ahmed Hilmi as CEO
She spent the last 19 years working at HSBC.
Japanese regulator sounds out megabanks on China geopolitical risks: report
Its three megabanks have a total credit exposure of $64b to China.
Stable profits buoys Public Bank HK’s resilient credit profile
However, higher funding and credit costs will weigh down on profitability.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
CIMB Singapore launches CIMB Bank Express
It uses chat bots, anamorphic displays, and interactive screens to support self-service banking.
How experts see the digital battleground of banks, payment firms
Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends.
India’s Axis Bank names central bank ex-deputy governor as non-executive chairman
N.S. Vishwanathan will assume the role on 27 October, pending approval.
Bank of East Asia extends weekend business hours in three branches
They will be open from 1PM to 5PM until 9 July 2023.
No changes to Hang Seng Bank's HKD dollar prime, savings deposit rates
Savings accounts with a total relationship balance of HK$1m or above will enjoy a bonus interest of 0.001% per annum.
Citi to provide custody and fund services to Fubon’s latest Hong Kong ETF
The bank works with over 40 ETF issuers covering 500 ETFs in APAC.
Bank of China HK’s HKD prime rate, savings deposit rate unchanged
Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.
HSBC winding down wealth, personal banking business in New Zealand
The bank can no longer justify investing into this business, it said in a statement.
Citi launches sustainable time deposit for India-based institutional clients
This is the product’s third market, after Singapore and Hong Kong.
DBS launches multi family office platform
The bank is already in talks with over 20 clients and prospects across Asia.
How Maybank SG's YES fuels tech growth of new SMEs
Over 500 business owners discover a groundbreaking e-financing solution that empowers SMEs to thrive in the digital age.
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1. CIMB Philippines says fund transfer issue ‘resolved’ 2. UOB inks MOU with Accenture for AI adoption and application 3. Cambodia and Japan enable QR code payments between the two countries 4. Standard Chartered appoints Noelle Eder as group head of tech & operations 5. HSBC group chairman Mark Tucker announces retirementResource Center
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The Asian connection: China's path to sustainable growth