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Retail Banking

Baiduri Bank’s margins likely tepid in 2021, but with profits satisfactory: S&P

The bank is expected to see moderate credit growth and satisfactory profits.
1 month ago

Baiduri Bank’s margins likely tepid in 2021, but with profits satisfactory: S&P

The bank is expected to see moderate credit growth and satisfactory profits.
1 month ago

Philippines’ Security Bank celebrates 70th year anniversary

The bank has launched the “Better Banking” brand campaign to complement this.
1 month ago

Chinese banks warned against rising bad debt as measures subside

CBIRC also warned against emerging local real estate bubbles.
1 month ago

China orders banks, insurers to draft 'living wills': report

This is to ensure that troubled financial institutions won't end up needing costly bailouts.
1 month ago

UNObank clinches Philippines’ third digital bank license

Parent DigibankASIA will work alongside partners Mambu, Backbase, and AWS in developing its services.
1 month ago

HSBC plans to split leadership of Asia with two co-heads: report

Wong protege David Liao and India’s Surendra Rosha are rumored to become co-heads.
1 month ago

Taiwan’s banking sector stable despite recent COVID infection spike: Fitch

All local banks’ outlooks remain stable thanks to Taiwan’s economic resilience.
1 month ago

Significant gaps remain in financial accessibility, awareness: study

Over half of both unbanked and banked individuals feel that they are underserved, Mambu’s study found.
1 month ago

Vietnamese banks’ profits to improve: Moody’s

Higher yields from their retail loans will push up earnings.
1 month ago

Philippines’ newest neobank aims to disrupt the industry with a dash of personality

Tonik Digital Bank wants to become the first bank brand in the country with “a sense of humor.”
1 month ago

HSBC exits US mass market retail banking, sells 90 branches

All personal, advance, and retail business banking customers with turnover below $5m are affected.
2 months ago

Weekly Global News Wrap: Long journey for EU banks' green goals; Wall Street banks to flaunt resilience before Congress

And Greece's Alpha Bank taps JPMorgan, Goldman Sachs for plans to boost capital.
2 months ago

Global banks on a hiring craze as they vie for rich Asians’ assets

HSBC, Goldman Sachs, and Citi are all eyeing a piece of the region's trillion-dollar financial market.
2 months ago

Qatar National Bank continues to be largest bank in MEA: S&P

It is also the 100th biggest bank globally.
2 months ago

Japan’s top internet-only bank seeks to scale Taiwan’s banking industry

Rakuten International Commercial Bank leverages its parent’s 20 years’ experience in Japan and its extensive global network of companies and partners.
2 months ago

Citi APAC adds nearly 650 new wealth professionals in 2021 so far

The group has added over $5b in net new money in Q1 alone.
2 months ago

Citi appoints new head for private banking arm in South Asia

Lee will have direct responsibility over the private bank arm of Singapore, Malaysia.
2 months ago