Retail Banking
CIMB Singapore launches multi-feature current account for businesses
CIMB BusinessGo has a high base interest rate of 0.78%.
CIMB Singapore launches multi-feature current account for businesses
CIMB BusinessGo has a high base interest rate of 0.78%.
UOB enables businesses to pay suppliers via a virtual corporate credit card account
That is even if these parties do not accept card payments.
Chart of the Week: Singapore banks' non-interest income formed up to 43% of total income
DBS outperformed OCBC and UOB.
Weekly Global News Wrap Up: US banks report record 2016 profits; Bankers told to set up full-scale operations in Frankfurt post-Brexit
Barclays cuts bonuses and Wells Fargo launches robo advisor.
3 in 5 Chinese bankers expect NPLs to peak in a year or two
They still believe that NPLs have not been fully exposed.
Bank of Singapore unveils branch in Dubai International Financial Centre
The branch is helmed by veteran banker Kirit Chauhan.
Hong Leong Bank's profit up 16% to US$123m in 2QFY17
Thanks to a 2% pickup in loan growth and ongoing NIM expansion.
How will the creation of a 'bad bank' affect India's banking sector?
The bad bank's form would be that of a centralised asset-restructuring company.
Standard Chartered Singapore's profit down 6% to US$1,489m in 2016
A weaker demand for Wealth Management products is partly to blame.
RHB's net profit down 28% yoy to US$58m in 4Q16
It took FY16 core earnings to US$420m.
Singapore banks' loan growth to hit up to 4% in FY17
But foreign banks in Singapore are cutting their loan sizes.
Siam Commercial Bank could earn as much as US$1b in SCB Life sale
That is equivalent to 60% of FY17 net profit.
Maybank's net profit up 43% to US$530m in Q4FY16
Earnings were lifted by a one-off sale of securities undertaken during the period.
Indian banks' deposit base to increase 1-2%: Moody's
It's driven by the demonetization inflows.
HSBC reports 2016 profit before tax of US$4.1b
It's down USD11.8 billion on 2015.
Hang Seng Bank's attributable profit plunges 60% to HK$8,005m in 2016
And operating profit is down 12% to HK$9,516m.
Bank of Baroda hires global talent from Barclays, Standard Chartered, and Citigroup to drive profitability
That is only in the past three months.
Thought Leadership Centre
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
The bank’s digital solutions are winning over younger generations with 3.
Partner Sites
Thought Leadership Centre
In Association with