Retail Banking
Public bank ties up with gov’t to finance SMEs
Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.
Public bank ties up with gov’t to finance SMEs
Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.
Strong regional earnings boosts MUFG’s profits
In case of trouble, MUFG has a high likelihood of getting government support.
Tech and transformation take center stage at the ABF Summit 2023
Over 180 participants graced the 20+ sessions in the day-long event.
HSBC earmarks $1b to support climate tech start-ups
They hope to fund start-ups offering a range of climate tech solutions.
Hang Seng names new head of commercial banking
She will take over Donald Lam beginning 14 October.
Citi India initiates 12-month WFH set-up after mothers give birth
This comes on top of their paid maternity leaves.
UOB Malaysia unveils supply chain management services in UOB Infinity platform
UOB clients will be able to digitally connect to buyers, suppliers, and distributors across Asia.
South Korean banks’ deposits up by $21b in August
Transferable deposits and time deposits both grew.
DBS's Sanjoy Sen explores digital currency, future M&A opportunities
Sen also discussed DBS’ recent integration of Citi Taiwan’s assets in just one weekend.
Thailand’s KBank has issued U$546m in sustainable financing
It shared plans to replace its cards with EVs or shift to using biofuel.
BPI’s first half earnings leaps one-fourth from last year’s
It reached a consolidated net earnings of P25.3b during the period.
Grab-owned digital bank scores Bank Negara Malaysia approval
The bank started operations last 1 September.
Alipay+ touches down in the Philippines revealing three new mobile wallets
It will be made available to merchants in Manila and Cebu.
Bank Rakyat Indonesia’s assets leaps 9.2% YoY in Q2
It boosted its consolidated earnings to IDR23.56t.
Strong income drives CIMB to a 26.2% net profit growth in H1
An interim dividend of 17.5 sen per share has been proposed.
Maybank’s first half profits surge 26% YoY
Its further expansion was dampened by a contraction in net fund-based income.
New Zealand banks to persevere amidst inquiry by Commerce Commission: S&P Global
The banks, Australia-owned, hold a total market share of 85%.
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1. Public Bank's LPI Capital purchase may boost earnings, ROE 2. Airwallex Capital launches Airwallex Yield for asset management 3. Citi, Mastercard launch global cross-border payments 4. Why Philippine banks, insurers embrace hyper-personalized services 5. Hong Kong to rename ‘virtual banks’ to ‘digital banks’Resource Center
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Why Philippine banks, insurers embrace hyper-personalized services
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