Retail Banking

Virtual banking: ‘Unbanked' citizens a catalyst for economic reform in Indonesia

Approximately 2.5 billion people globally lack access to financial services and are forced to rely on inconvenient and often risky means to manage...

Virtual banking: ‘Unbanked' citizens a catalyst for economic reform in Indonesia

Approximately 2.5 billion people globally lack access to financial services and are forced to rely on inconvenient and often risky means to manage...

Philippine central bank bolsters small lenders' capital

Small banks should allot a minimum 6% CET1 ratio and 7.5% Tier 1 ratio.

Indonesia mulls BRI merger with two state-owned finance firms

The bank will be integrated with a pawnshop chain and a micro-business money firm.

HSBC targets overseas-minded customers with $1.4t wealth unit

They plan to focus on mortgages, wealth and insurance products, and unsecured lending.

COVID-19 outbreak may double Chinese banks' questionable loans

The loosening of regulations is a setback on China’s reformation efforts.

UOB's net profits up 8% to $3.08b in FY2019

A final dividend of $0.39 (S$0.55) and a special dividend of $0.14 (S$0.2) was as recommended.

UOB to launch digital bank in Indonesia

TMRW is on track to be marginal profit positive in five years.

DBS to give abridged Q1, Q3 financial disclosures

These updates will supplement the half-year and full-year reports.

OCBC's net profits up 34% to S$1.24b in Q4 2019

Core net profit leapt 10% to S$4.9b in FY 2019.

Bank managements should take advantage of increased certainty and use dividends as a tool to manage returns

Bank management teams have faced many challenges in the decade post the global financial crisis. After stabilising balance sheets in its immediate...

Bank of East Asia's profit plunges 49.9% to $411m in 2019

The decline was attributed to an increase in impairment losses in Mainland China.

HSBC staff have qualms over bank's revamp

The bank’s commitment to the overhaul was questioned due to Quinn’s interim status.

HSBC profits crash 53% to $6b in FY2019

A goodwill impairment of $7.3b dragged down their profits.

Can Ping An Bank weather weakening interest rates?

Its retail lending clients are less sensitive to borrowing rates..

Standard Chartered names new digital channels and client data analytics head

Karina van Dyke will join the bank’s CCIB division in Singapore.