Retail Banking
Bank of China HK’s HKD prime rate, savings deposit rate unchanged
Bank of China HK’s HKD prime rate, savings deposit rate unchanged
Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.
HSBC winding down wealth, personal banking business in New Zealand
The bank can no longer justify investing into this business, it said in a statement.
How Maybank SG's YES fuels tech growth of new SMEs
Over 500 business owners discover a groundbreaking e-financing solution that empowers SMEs to thrive in the digital age.
Aggressive loan growth leaves HDBank more vulnerable to risks
Its asset quality may be further strained by its planned acquisition of a ‘weak’ bank
CIMB reaps benefits from de-risking, cost optimisation initiatives
Net interest margin compression will be offset by improved profits and stable capital.
Green Link Digital Bank commemorates one year, plans of SGX listing 2027
The bank celebrated by donating S$150,000 to charity.
PAOB launches Business Revolving Loan in expanded eftPay collaboration
It offers a maximum credit limit of up to HK$300,000.
South Korea’s new capital buffers to strengthen banking system’s resilience
No capital raising or sheet adjustment is expected from the country’s biggest banks.
Commonwealth Bank of Australia waives transaction fee for overseas money transfers
The waived fees exclude Japanese yen transactions in its CommBiz platform.
Shareholder support key for Hong Kong virtual banks to weather failure risks
Six out of the eight virtual banks in the city reported narrower losses in 2022.
Korean banks’ net income jump 24% in Q1
Interest income declined as a result of interest rates falling during the period.
UBS to finalise Credit Suisse acquisition by 12 June
After the acquisition, Credit Suisse and American Depositary Shares will be removed from SIX and NYSE.
BOCHK warns customers against phishing messages, fake app
The case has been reported to the HKMA and the police.
Banking on customer experience
By Ricky Kapur, Head of Asia Pacific, Zoom
Deposit war squeezes Malaysian banks’ margins
There is a steady outflow of savings deposits into higher-yielding fixed deposits, says S&P.
PwC, StanChart release analysis on CBDCs' role in future banking
The paper highlights CBDCs programmability and how they can revolutionise retail, trade, and supply chain finance.
Public Bank unveils PB SecureSign in major security overhaul
This is in line with the bank’s commitment to boost cyber protection.
Thought Leadership Centre
Most Read
1. HSBC unveils invitation-only Privé World Legend Mastercard 2. Payment failures cost Singapore merchants $12b annually 3. Singapore's big 3 banks pivot to wealth as margins shrink 4. HSBC and HSBC Life sign Humansa MOU for HNW health planning 5. OCBC Q1 profit rises 5% to $1.97b on fee gainsResource Center
Read Here
Advertise
Sign Up
Event News
Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance