News

Collaboration enables DBS/POSB customers to replenish PayPal accounts for online shopping without credit card.

Lender on a lookout for a potential buy as part of its 5-year growth plan.

Lender’s IPO success may encourage rival banks to follow suit.

Lender to review Nok's competitiveness and financial soundness before it would divest its 10% stake.

Sub debt, whose proceeds to be used for lender's working capital, was 8 times oversubscribed.

Growth of loans in small and medium banks and city commercial banks faster than large lenders'.

NAB hopes to ease the concerns of the regulator through its revised offer.

Fund to rope in private equity investment in SME's by providing them critical capital for growth.

Takeover of  smaller banks could take place as banks go for competitive edge.

Acquisition will give Affin Bank direct majority shareholding of 80% in the Indonesian bank.

KEB’s interim dividend payment could mean that planned sale of lender would be postponed.

Rebranding focuses on integrating lender’s Wealth group that pools lender’s insurance and fund management businesses.

In a stingingly critical assessment of the failure of IBM systems at DBS, the Monetary Authority of Singapore has ordered DBS to "reduce its material outsourcing risks so that it does not overly rely on a single service provider," which effectively means it is ordering DBS to find another vendor.

HLBB also earned approval from the Minister of Finance to acquire subsidiaries of EON Cap.

Lender plans to hold 150 ‘loan camps’ as it focuses on semi-urban and rural areas.

Lender has raised its loans-to-deposit ratio to 58% behind 1.77% first half net interest margin.