Retail Banking
UOB prices Singapore's first sustainability bond offering
UOB raised $2b with a final order book of $3.7b.
UOB prices Singapore's first sustainability bond offering
UOB raised $2b with a final order book of $3.7b.
Malaysian banks’ profits to recover faster than SEA peers: Moody’s
Compared to regional peers, Malaysia’s biggest lenders have the smallest share of loans under relief programs.
Landbank subsidiary claims Philippines’ first digital banking license
OFBank first began operating in June 2020 as a dedicated thrift bank.
Weekly Global News Wrap: Credit Suisse takes $2.7b hit from Archegos; Deutsche to advise Italy's Carige sale
And US FTC shuts down mobile savings app Beam.
Long way ahead for the Philippines’ digital banking hopes
Infrastructure and consumer issues remain, even with the framework laid out.
Mergers imminent amongst Japan's regional banks: study
Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.
Singaporean customers more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Singapore banks headed for stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5% in 2021, according to Moody’s.
Singapore banks to see stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5%, according to Moody’s.
Japan's financial firms face activist climate votes as AGMs near
Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.
Tonik launches Philippines’ first official neobank
It offers up to 6% interest rate per annum.
China hopes for stability through stricter FHC rules: report
The rules will also hopefully insulate firms' finances from other risks.
Clear skies ahead for Aussie banks as economy improves
Banks can withstand NPL growth due to loan loss reserves.
HSBC Singapore names new global liquidity head
Winnie Yap will be responsible for treasury solutions for Singapore firms.
Hong Kong's ZA Bank crosses 300,000 users, 4% of city's population
The bank has given HK$650m in loans.
Mizuho sets up committee to probe system failures
The failure has hurt the firm's credibility, it says.
DBS CEO Piyush Gupta's pay down 24% in 2020
His cash bonus dropped by 27% amidst cutbacks in the bank.