Exclusive

Mergers and closures loom for China's 3,800 rural banks

About 70 rural banks have already undergone mergers since 2023.

Mergers and closures loom for China's 3,800 rural banks

About 70 rural banks have already undergone mergers since 2023.

Ecosystem, data key for banks to keep up with disruptors

Banks must become the main choice of the customer, an analyst said.

How CIMB used automation to raise staff productivity

CIMB automated 10 processes in 2023, equal to 17,000 man-hour savings. 

Let China’s small banks fail– analyst

China should follow Spain's footsteps and establish a fund pool against bankruptcies.

Data analytics key to SEA digital banks' profitability and retention

After the initial novelty and rewards, digibank users are likely to revert to their old bank.

How GoTyme kiosks transformed grocery stores into banking hubs

The digital bank onboarded two-thirds of its 3.4 million users through supermarket kiosks.

Hong Kong banks ramped up hiring but investment bankers laid off

Trade and private bankers are most in demand, although banks are cautious.

Clean energy gap presents investment opportunities for banks

Krungsri and CIMB Thai explore use of emerging tech to monitor risks better.

SG banks turn to upskilling as hiring sentiments turn ‘cautious’

Roles related to wealth advisory and anti-ML and fraud are most in demand.

Why relationship managers must embrace the hybrid approach

It’s not just about giving advice but also using the right tools.

APAC financial institutions struggle with ESG skill shortage

Organisations need the right talent to navigate regulatory and reputational risks.

Comarch aims to bridge Asian banks’ innovation with wealth needs

The Polish tech firm is looking to help banks build their wealth management platforms.

ZA Bank’s Devon Sin on why Web3 is key to HK’s growth

The bank has expanded services to cater to stablecoin issuers and Web3 companies. 

CIMB Niaga leads the way in captivating Indonesia’s youth

The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.

KPay’s unified payment solutions platform propels SME growth

After expanding into Singapore, KPay aims to dominate APAC and serve over 1 million merchants.

BCA sets benchmark in Indonesia’s microfinance sector

Innovative approaches reflect the bank’s commitment to pushing financial inclusion and fostering economic growth.

Maybank SG offers boost to charities with special rates, network opportunities

Charities in the city may also avail of an interest-free grant of up to SG$150,000 (US$111,000)