Retail Banking
Acquisition of Citi’s ASEAN units to boost revenue: UOB
Total UOB cardholders in the region jumped 60% as of end-2022.
Acquisition of Citi’s ASEAN units to boost revenue: UOB
Total UOB cardholders in the region jumped 60% as of end-2022.
Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
And Credit Suisse CEO to join UBS board once deal is completed.
HSBC penalised by India's central bank
The bank reported inaccurate credit information for several expired credit cards.
GXS Bank launches brand in Singapore with GXS FlexiLoan, campaign
GXS collaborated with three local artists to create the key visuals for the campaign.
Korea, Indonesia central banks ink MOU for bilateral trade: report
It reduces companies’ exposure to exchange rate risks.
UOB Hong Kong inks MOU with SGS for sustainable finance
The partnership will help companies seeking to adopt sustainable practices and move towards a net-zero future.
BOCHK raises prime lending rate to 5.75%
The HKD savings deposit rate was also adjusted.
Hang Seng Bank changes its board composition
Michael Wu Wei Kuo retired as the Independent Non-executive Director.
Improved mortgages to support ANZ’s earnings over the next two years
Net interest margin improved 7bps in the six months ending 31 March 2023.
Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P
The bank’s parent company will also enjoy income growth from outside Australia.
PH banks missing out on revenue from growing middle class market
Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional...
HSBC posts pre-tax profit of $12.9b, with first quarterly dividend at $0.1 per share
Profits include a provisional gain of $1.5b from SVB Bank UK acquisition in March.
OCBC and RHB co-establish two sustainability-linked solutions
The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.
Hong Kong banks reminded they may engage with virtual asset entities: central bank
There have been more comments from foreign firms on the difficulties of opening a bank account.
Vietnam’s HDBank targets $562.67m profit for 2023
Shareholders approved a dividend distribution of 10% in cash and 15% in shares.
BPI’s Q1 net profit increases by 52%, boosts efforts toward financial inclusion
The January to March performance was driven by the bank’s average asset base expansion, margin growth, and lower provisions.
Techcombank launches AI-powered money management services
It will provide insights on payment behaviors and analyze transactions.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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