Retail Banking
UOB launches programme to help Thai SMEs digitise
SMEs can access digital tools and financing opportunities through the scheme.
UOB launches programme to help Thai SMEs digitise
SMEs can access digital tools and financing opportunities through the scheme.
Regulatory scrutiny weighs on Australian banks earnings
Lenders already struggle with weak loan growth amidst the housing downturn.
Indonesia's Bank Mandiri mulls takeover of Standard Chartered-backed rival: report
It could merge it with Mandiri itself or with its unit, Bank Mantap.
Weekly Global News Wrap Up: Russian money laundering scandal sweeps European banks; Wells Fargo shells out record $240m settlement over bogus accounts
And JPMorgan Chase is moving away from prison finance.
Chart of the Week: Indian banks hit by liquidity crunch
The growth in bank credit has eclipsed that of deposits which aggravated liquidity shortage.
Earnings gap between Indonesian banks widen as small players struggle
The 2018 profits of Book II banks dropped to $648.66m from $726.38m in 2017.
India slaps $1.5m fine on four banks for non-compliance in SWIFT messaging
Karnataka Bank was hit with $564,000 worth of penalties.
MUFG to ditch over-the-counter international cash transfers to strengthen AML efforts: report
Bank users may continue to send money overseas online through a stricter process.
Philippine budget secretary Benjamin Diokno named as new central bank governor
He will be serving the remainder of Espenilla’s six-year term which will end by 2023.
Singapore bank loan growth down to 4.2% in January
Consumer loan growth fell to 0.7% whilst business loans increased 5%.
UnionBank of the Philippines' thrift unit completes merger with PR Savings Bank
The move will accelerate UnionBank's push into the motorcycle financing market.
MUFG to acquire aviation financing arm of Germany's DZ Bank
This represents the latest move by banks into aircraft finance which offers better returns than straight corporate loans.
Thai government to buy $318m of shares in TMB-Thanachart merger
It chose to invest because it believed that the merger would yield a more efficient bank.
Singapore's big three banks' CET1 ratios hit 14% in 2018
Of its peers, only UOB saw declining CET1 ratios amidst faster loan growth.
Four Crucial Defense Strategies against revenue erosion for Private Banks in Asia
It is no secret that the private banking industry in Asia is facing revenue pressure on multiple fronts, with margin compression and revenue erosion...
Hang Seng Bank's full-year profits up 21% to $3.08b
Their retail banking and wealth management arms account for 51.2% of the bank’s pre-tax profits.
Woori Bank ties up with Chinese banks for remittance service
Money sent in KRW will be received in RMB. Woori Bank has tied up with China banks including ICBC, Bank of China and the Bank of Communications as...
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