Retail Banking
OCBC unveils decarbonization targets for six sectors
The bank commits to achieving a net zero status for its financed emissions by 2050.
OCBC unveils decarbonization targets for six sectors
The bank commits to achieving a net zero status for its financed emissions by 2050.
Citibank Korea doubles net income in Q1
The net income of KRW84.9b for Jan-March 2023 is 112% higher than a year ago.
Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.
Public Bank Berhad aims for $11b in ESG-friendly financing by 2025
It also plans to finance energy-efficient vehicles worth $7b by 2025.
Sumitomo Mitsui Banking Corporation’s net profit up to $9.34b for FY2022
Year-end dividend per share is JPY125 or US$92.
Hang Seng Bank names Shelley Zhou as head of corporate sustainability
The new executive will head its sustainability division.
Acquisition of Citi’s ASEAN units to boost revenue: UOB
Total UOB cardholders in the region jumped 60% as of end-2022.
Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
And Credit Suisse CEO to join UBS board once deal is completed.
HSBC penalised by India's central bank
The bank reported inaccurate credit information for several expired credit cards.
GXS Bank launches brand in Singapore with GXS FlexiLoan, campaign
GXS collaborated with three local artists to create the key visuals for the campaign.
Korea, Indonesia central banks ink MOU for bilateral trade: report
It reduces companies’ exposure to exchange rate risks.
UOB Hong Kong inks MOU with SGS for sustainable finance
The partnership will help companies seeking to adopt sustainable practices and move towards a net-zero future.
BOCHK raises prime lending rate to 5.75%
The HKD savings deposit rate was also adjusted.
Hang Seng Bank changes its board composition
Michael Wu Wei Kuo retired as the Independent Non-executive Director.
Improved mortgages to support ANZ’s earnings over the next two years
Net interest margin improved 7bps in the six months ending 31 March 2023.
Australia’s Macquarie Bank’s earnings to rise by retail banking business: S&P
The bank’s parent company will also enjoy income growth from outside Australia.
PH banks missing out on revenue from growing middle class market
Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional...
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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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