CBA sells stake at Bank of Hangzhou

Commonwealth Bank of Australia sells 10% stake at Bank of Hangzhou for $1.3b

Commonwealth Bank of Australia sells 10% stake at Bank of Hangzhou for $1.3b

CBA has agreed to maintain a 5.57% shareholding in the bank until Feb 2025.
News
Join the community

Thought Leadership Centre

SmartStream launch high performance, AI enabled platform to meet client demands for managing complex data

Harnessing the power of observational learning in data quality processing and management

In Association with

SAP S/4HANA Cloud Public Edition: A modern cloud ERP solution

SAP BTP: The foundation for financial services innovation

In Association with

Most Read

1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Bank of America appoints Phil Carmalt as head of APAC GPS 4. HSBC Singapore unveils wealth centre at The Star Vista mall 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & North

Resource Center

Shaping the Future of Banking: An Exploration of ASEAN Trends and Transformations

Comarch AI-driven digital solutions enable better, more personalised banking

Banking in a Volatile Economy & Navigating Uncertainty

Bridging The Gap: A Survey On Alternative Financing

Improving API Security in Digital Banking

The financial services world of the future

Re-wiring financial services operations for a bold future

Fraud surveillance in today’s hybrid banking environment

ABF Retail Banking Digital Conference 2021

Print Issue

Read Here
Advertise
Sign Up

Awards

Jul
03

ABF Retail Banking Awards

Jul
03

ABF Wholesale Banking Awards

Jul
08

ABF Fintech Awards

Events

May
13

Asian Banking & Finance and Insurance Asia Summit - Vietnam - May 13, 2025

Jun
26

Asian Banking & Finance and Insurance Asia Summit - Indonesia - June 26, 2025

Sep
25

Asian Banking & Finance and Insurance Asia Summit - Singapore - September 25, 2025

Event News

Compliance and legacy systems stall B2B payment shift
Cards & Payments Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
How embedded finance and AI are reshaping Malaysia’s finance sector
How embedded finance and AI are reshaping Malaysia’s finance sector
PH banks and insurers face MSME credit gap, AI fraud, climate risk
PH banks and insurers face MSME credit gap, AI fraud, climate risk
Philippine banks and insurers called to pursue human-centred AI adoption
Philippine banks and insurers called to pursue human-centred AI adoption

Videos

Globe CEO on GCash IPO, post-telco growth ambitions

Globe CEO on GCash IPO, post-telco growth ambitions

Compliance and legacy systems stall B2B payment shift

Compliance and legacy systems stall B2B payment shift

Boost Bank targets micro SMEs amidst regulatory, inclusion pressure

Boost Bank targets micro SMEs amidst regulatory, inclusion pressure

Digital players steal market share from traditional banks

Digital players steal market share from traditional banks

View more videos

Partner Sites

Real Estate Asia
Real Estate Asia
Healthcare Asia Magazine
Healthcare Asia Magazine
Asian Business Review
Asian Business Review
Insurance Asia
Insurance Asia
Singapore Business Review
Singapore Business Review
Hong Kong Business
Hong Kong Business
Asian Power
Asian Power
Manufacturing Asia
Manufacturing Asia
Retail Asia
Retail Asia

Commentary

Economy

The Asian connection: China's path to sustainable growth