Retail Banking
South Korea names 10 domestic systemically important banks for 2025
They are required to log a 1% additional capital surcharge in 2025.
South Korea names 10 domestic systemically important banks for 2025
They are required to log a 1% additional capital surcharge in 2025.
How GoTyme kiosks transformed grocery stores into banking hubs
The digital bank onboarded two-thirds of its 3.4 million users through supermarket kiosks.
CIMB teams up with DHL to mitigate 20% of air shipments’ carbon emissions
CIMB will roll out the programme in its Malaysia and Singapore operations.
Norinchukin’s planned foreign bond divestment will hurt profits
The bank has about $13.63b (JPY2.25) in unrealized losses.
Citi ceasing operations in Haiti
The bank said that it will voluntarily surrender its banking license.
Hong Kong banks ramped up hiring but investment bankers laid off
Trade and private bankers are most in demand, although banks are cautious.
Siam Commercial Bank kickstarts 4-year journey to revamp core banking system
It has inked a MOU with Sunline to become a full-fledged digital bank entity.
CIMB SGoffers up to 3.88% limited-time rate for new business customers
The offer is valid until 31 August 2024.
APAC banks face 2.5 million shortage of skilled cyberstaff
Banks may not have the right people in-house to mitigate them.
China faces decade-long clean-up of embattled rural banks
Expect more mergers and consolidations, and even some closures, S&P says.
SCB’s Easy and Mae Manee apps temporarily unavailable on select dates
SCB is upgrading its Easy App.
China Citic Bank’s green finance moves require more finesse
It aligns with international frameworks, but some have indirect ties to fossil fuels.
Thriving with Basel III: Advanced Credit Risk Solutions for Malaysian Banks
The need for advanced and real-time credit risk solutions has become increasingly crucial, says Nicholas Lim.
Overseas assets of South Korean banks up 3.5% to $210.19b in 2023
Assets increased in Japan, the US, and the UK.
SCB says Myanmar transactions unrelated to arms trade claims
The Thai bank said that it conducted an internal investigation.
Interest rates of new deposits, loans in South Korea rise in May
However, the overall average of outstanding loans fell.
Malaysia float new req’s to lower costs of basic banking services
The central bank is inviting written feedback on the draft policy document.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Resource Center
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Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
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The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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1. Labour force upskilling needed as SG nears 'super-aged' status 2. MAS, IBF working on gen AI job impact map 3. Australia’s P&N Bank scraps proposed merger with Beyond Bank 4. Australia’s P&N, Beyond Bank likely to seek other merger opportunities 5. Singapore’s financial sector employment rose 4,800 in 2023Events
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