News
Public Bank and ING unveil lady and child plans
Public Bank and ING launched separate insurance plans for females and children.
Public Bank and ING unveil lady and child plans
Public Bank and ING launched separate insurance plans for females and children.
Malaysia's CIMB acquires 19.99% of Chinese bank
CIMB created a strategic link to China with its acquisition of 19.99 percent stake in Bank of Yingkou.
Meyado bucks tough economy to expand
Meyado Private Wealth Management has recently announced an expansion of operations as well as a relocation of offices.
SG banks get negative Moody’s ratings due to NPLs
Moody's revised the outlooks of the banks' financial strength ratings or BFSRs of three Singapore banks from stable to negative.
Canara HSBC reports US$60.25M in premiums
For its first nine months of operations, Canara HSBC garnered US$60.25 million in gross written premiums.
Public Bank registers 4% loan growth for 1st quarter
Public Bank reported a loan growth of US$1.4 billion to reach US$38.8 billion as at the end of March 2009. The growth, pegged at 4 percent, is much higher than the banking industry’s loan growth rate of 0.4 percent for the first two months of 2009.
BEA launches plan for property buyers
A new mortgage plan that enables property buyers to enjoy first-year monthly installments of as low as US$430 was launched by the Bank of East Asia.
UOB (Malaysia) introduces new UOB eAccount
United Overseas Bank (Malaysia) Bhd has introduced the new UOB eAccount, an online savings account aimed to provide banking convenience to customers.
BEA launches First-year Effective Rate P3.28%
The Bank of East Asia (BEA) has launched a new mortgage plan offering a first-year mortgage rate of P3.28 percent (prime rate) for Emerald Green property owners.
Citibank Singapore launches AXS D-Pay service
Citibank ATM or Debit cards can now be used at AXS Stations for the payment of bills and other services.
Indian banks seek gold from customers' homes
The State Bank of India has collected half a tonne of gold from customers under a "gold deposit" scheme designed to get gold out of homes and back into circulation.
Public Bank launches Phase II of PB Lifestyle
Public Bank has launched the PB Lifestyle (Phase II) - Live Up Your Life with PB Cards campaign, after receiving positive response for its More Swipes, More Rewards campaign or PB Lifestyle (Phase I).
Standard Chartered and IFC enter $1.25 billion deal
Standard Chartered and World Bank Group member IFC have agreed to develop a $1.25 billion funding partnership to facilitate global trade finance.
HSBC deals with Shariah compliance
HSBC's conference will focus on the advantages of tapping the 'Sukuk' bond market for infrastructure development financing.
BEA rolls out new debit card
BEA’s new China UnionPay debit card will enable customers to access ATM services at all JETCO ATMs in Hong Kong, Macau, and Mainland China.
MUFG and MS integrate Japan securities firms
Mitsubishi UFJ and Morgan Stanley will form a new company to address the securities needs of wholesale and retail customers in Japan. It will also offer various Japan-related financial products and services to overseas customers.
ANZ turns to China amid global slowdown
ANZ will open additional branches and establish a new rural bank in western China in its thrust to become a leading foreign bank in China. It is now completing final regulatory approvals for the establishment of a new rural bank in Liangping, a county near the western city of Chongqing, with a population of more than 900,000 people.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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