Retail Banking
CIMB SGoffers up to 3.88% limited-time rate for new business customers
The offer is valid until 31 August 2024.
CIMB SGoffers up to 3.88% limited-time rate for new business customers
The offer is valid until 31 August 2024.
APAC banks face 2.5 million shortage of skilled cyberstaff
Banks may not have the right people in-house to mitigate them.
China faces decade-long clean-up of embattled rural banks
Expect more mergers and consolidations, and even some closures, S&P says.
SCB’s Easy and Mae Manee apps temporarily unavailable on select dates
SCB is upgrading its Easy App.
China Citic Bank’s green finance moves require more finesse
It aligns with international frameworks, but some have indirect ties to fossil fuels.
Thriving with Basel III: Advanced Credit Risk Solutions for Malaysian Banks
The need for advanced and real-time credit risk solutions has become increasingly crucial, says Nicholas Lim.
Overseas assets of South Korean banks up 3.5% to $210.19b in 2023
Assets increased in Japan, the US, and the UK.
SCB says Myanmar transactions unrelated to arms trade claims
The Thai bank said that it conducted an internal investigation.
Interest rates of new deposits, loans in South Korea rise in May
However, the overall average of outstanding loans fell.
Malaysia float new req’s to lower costs of basic banking services
The central bank is inviting written feedback on the draft policy document.
Bank Negara Indonesia to lodge 7% net profit growth in 2024
UOBKH slashed the bank’s profit and NIM estimates, however.
Property and transport loans drag down Public Bank HK’s profits
Minibus and taxi licenses made up over 40% of PBHK’s loans.
Mizuho appoints Yuta Hayashi as new group executive officer
Hayashi is also now the managing executive officer of Mizuho Bank.
Union Bank of India enjoys stablising earnings, improving asset quality
The bank’s recently announced fund raising will provide capital growth, says S&P.
Basel III to improve Japanese major financial groups’ profits
However, risk-weighted assets for the four FIs are expected to rise.
Hong Kong banks’ composite interest rate falls 4bp to 2.61% in May
This was due to a decrease in weighted funding cost for deposits during the month.
Taiwan expected to keep close watch on banks’ properly loan risks
Authorities have hiked banks’ RRR to slow credit inflows and cool home prices.
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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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