Bankers’ Corner

Taiwan Cooperative aims to match economic growth
January 7, 2021

Taiwan Cooperative aims to match economic growth

Taiwan Cooperative Financial Holding Co (TCFH) aims to improve its business next year in line with the nation’s economic...

Bangkok Bank Co-Develops Thai Language AI Chatbot with Pand.ai
January 7, 2021

Bangkok Bank Co-Develops Thai Language AI Chatbot with Pand.ai

Bangkok Bank PLC announced the launch of its Thai language Artificial Intelligence (AI) powered chatbot that was built-in...

Sustainability indices include CTBC
January 7, 2021

Sustainability indices include CTBC

CTBC Financial Holding Co said that the Dow Jones Sustainability Indices (DJSI) have once again selected the company as...

HNB ranked among Sri Lanka’s ‘Most Admired Companies’ for 3rd consecutive year
January 7, 2021

HNB ranked among Sri Lanka’s ‘Most Admired Companies’ for 3rd consecutive year

Hatton National Bank (HNB) once again secured top rankings among Sri Lanka’s ‘Most Admired Companies’ for the 3rd...

Fubon Financial eyes larger market share after acquisition
January 7, 2021

Fubon Financial eyes larger market share after acquisition

Fubon Financial Holding Co., one of the leading financial holding companies in Taiwan, has set a goal of securing a higher...

DBS to launch digital exchange as demand for virtual currencies soar
January 7, 2021

DBS to launch digital exchange as demand for virtual currencies soar

DBS Group Holdings, Southeast Asia’s biggest bank, is to set up an exchange for digital assets, including cryptocurrencies...

RCBC to stop funding coal power projects
January 7, 2021

RCBC to stop funding coal power projects

Rizal Commercial Banking Corporation (RCBC) has declared that it will no longer extend financing to new coal-fired power...

Bank of Maldives honors long service employees
January 7, 2021

Bank of Maldives honors long service employees

Bank of Maldives (BML), on December 7, held an event to honor and celebrate the loyalty of its long serving employees...

Maybank among participating banks in newly launched Singapore Financial Data Exchange
January 7, 2021

Maybank among participating banks in newly launched Singapore Financial Data Exchange

Malayan Banking Bhd (Maybank) is among participating banks of the newly launched Singapore Financial Data Exchange...

KDB Life deal gets back on track
January 7, 2021

KDB Life deal gets back on track

The Korea Development Bank (KDB) is expected to sign a stock purchase agreement with local private equity firm...

SMBC boosts New Delhi branch’s capital by $660m
January 7, 2021

SMBC boosts New Delhi branch’s capital by $660m

Sumitomo Mitsui Banking Corp. (SMBC) has added $600 million to the capitalization of its New Delhi branch, boosting its...

MUFG Bank and Afreximbank sign a $520 million COVID-19 response facility
January 7, 2021

MUFG Bank and Afreximbank sign a $520 million COVID-19 response facility

MUFG and African Export-Import Bank (Afreximbank) have signed a $520 million facility, following Nippon Export and...

Mizuho signs MOU for business cooperation with Saudi Arabia Ministry of Investment
January 7, 2021

Mizuho signs MOU for business cooperation with Saudi Arabia Ministry of Investment

Mizuho Bank, Ltd. signed a memorandum of understanding (MOU) for business cooperation with the Ministry of...

State Bank of India to hold mega e-auction of properties on December 30
January 7, 2021

State Bank of India to hold mega e-auction of properties on December 30

India’s largest lender, State Bank of India, is giving property buyers an opportunity to bid on their dream property. SBI will...

BEA Wins Best SME’s Partner Gold Award for Three Straight Years
January 7, 2021

BEA Wins Best SME’s Partner Gold Award for Three Straight Years

The Bank of East Asia, Limited (BEA) today announces that it has won the “Best SME’s Partner Gold Award”, organized by...

Bank of Maldives Appoints New Directors for Retail and SME Banking and Corporate Banking
October 30, 2020

Bank of Maldives Appoints New Directors for Retail and SME Banking and Corporate Banking

Bank of Maldives has appointed Mr. Moosa Nimal as its Director of Retail and SME Banking and Mr. Ahmed Aseef as its...

CTBC Financial Holdings wins five Asian Excellence Awards
October 28, 2020

CTBC Financial Holdings wins five Asian Excellence Awards

The 10th Asian Excellence Award hosted by Corporate Governance Asia magazine recently announced that CTBC...

Cathay United prepares to compete with virtual banks
October 28, 2020

Cathay United prepares to compete with virtual banks

Cathay United Bank plans to use artificial intelligence and big data analysis to learn what customers need and maintain...

HNB partners with Prime Group to offer special housing loans for 60 days
October 28, 2020

HNB partners with Prime Group to offer special housing loans for 60 days

Sri Lanka’s Hatton National Bank (HNB), announced an exclusive partnership with local real estate developers Prime...

DBS Bank Taiwan releases revamped banking app
October 28, 2020

DBS Bank Taiwan releases revamped banking app

DBS Bank Taiwan released a revamped online banking platform, dubbed DBS Digibank, in a bid to provide wealth...

Intesa Sanpaolo to buy 69% stake in Swiss private bank REYL
October 28, 2020

Intesa Sanpaolo to buy 69% stake in Swiss private bank REYL

Italy’s Intesa Sanpaolo is purchasing a 69% stake in Swiss private bank REYL & Cie, the groups said in a joint statement...

Bangkok Bank integrates Indonesia branches into PermataBank International network
October 27, 2020

Bangkok Bank integrates Indonesia branches into PermataBank International network

Bangkok Bank received in-principle approval from OJK to integrate its three Indonesian branches into its subsidiary PT...

Commerzbank Appoints Deutsche Bank’s Manfred Knof as Chief Executive
October 27, 2020

Commerzbank Appoints Deutsche Bank’s Manfred Knof as Chief Executive

Commerzbank AG named Manfred Knof, head of rival Deutsche Bank AG’s private bank in Germany, as its new chief...

Maybank introduces EzyQ, first in Malaysia
October 27, 2020

Maybank introduces EzyQ, first in Malaysia

Maybank Bhd has launched Maybank EzyQ, an online appointment management system for customers, making it...

Korea Development Bank issues $200 million SOFR bonds in the U.S.
October 27, 2020

Korea Development Bank issues $200 million SOFR bonds in the U.S.

The state-run Korea Development Bank (KDB) said on September 14 that it has issued $200 million in SOFR...

J.P. Morgan launches S&P 500 Warrants in Hong Kong
October 26, 2020

J.P. Morgan launches S&P 500 Warrants in Hong Kong

n a first for the Hong Kong warrants market, J.P. Morgan has issued derivative warrants linked to the Standard and...

Bank of East Asia to sell life insurance business following strategic review
October 26, 2020

Bank of East Asia to sell life insurance business following strategic review

The Bank of East Asia (BEA) said it would sell its life insurance business and seek potential partnerships to grow its core...

RCBC named Best Digital Bank in the Philippines
October 26, 2020

RCBC named Best Digital Bank in the Philippines

This year’s edition of the Annual Alpha Southeast Asia Best FI Awards deliberated on the performance of participating...

Asiamoney recognizes PNB as Best Bank for Corporate Social Responsibility in PH
October 26, 2020

Asiamoney recognizes PNB as Best Bank for Corporate Social Responsibility in PH

Philippine National Bank (PNB) was honored by Asiamoney with Best Bank for Corporate Social Responsibility (CSR) in...

Mizuho to offer shorter workweek for employees
October 26, 2020

Mizuho to offer shorter workweek for employees

Mizuho Financial Group plans to allow staff to work three or four days a week on reduced pay, as the Japanese bank...

MUFG Bank to Invest in Nagano Prefecture’s Green Bond
October 26, 2020

MUFG Bank to Invest in Nagano Prefecture’s Green Bond

MUFG Bank on October 7 announced its decision to invest in publicly offered municipal bond No. 2020-2 (10-year green...

SBI appoints Charanjit Attra as CFO
October 26, 2020

SBI appoints Charanjit Attra as CFO

State Bank of India (SBI) has appointed Charanjit Surinder Singh Attra as Chief Financial Officer (CFO) on October 2...

HNB partners with Browns Agriculture for offers on agricultural equipment
September 4, 2020

HNB partners with Browns Agriculture for offers on agricultural equipment

Sri Lanka’s leading private sector bank, Hatton National Bank (HNB), partnered with Brown & Company PLC to offer affordable...

39th UOB Painting of the Year launched in solidarity with ASEAN artists
September 4, 2020

39th UOB Painting of the Year launched in solidarity with ASEAN artists

United Overseas Bank (UOB) announced on August 12 that artists in Southeast Asia will be able to submit their entries for...

Bangkok Bank and Thammasat University to develop app for a cashless campus
September 3, 2020

Bangkok Bank and Thammasat University to develop app for a cashless campus

Thammasat University has appointed Bangkok Bank to develop its TU GREATS app to provide students and university...

Taishin to buy Prudential Life Insurance for NT$5.5 billion
September 3, 2020

Taishin to buy Prudential Life Insurance for NT$5.5 billion

Taiwan's Taishin Financial Holdings Co. Ltd. announced on August 11 that it will purchase Prudential Life Insurance...

Mega says profitability at HK branch may decrease
September 3, 2020

Mega says profitability at HK branch may decrease

Mega International Commercial Bank said on July 20 that profitability at its Hong Kong branch might decline this year due...

Hua Nan eyeing renewal projects
September 3, 2020

Hua Nan eyeing renewal projects

Hua Nan Commercial Bank, the banking arm of Hua Nan Financial Holding Co, is looking to fund more urban renewal...

CTBC video tells story of Taiwan
September 3, 2020

CTBC video tells story of Taiwan

TV host Ugur Rifat Karlova, as well as YouTubers Logan Beck and Ikulaoshi have all given thumbs-up to CTBC Bank’s “Our...

Bank SinoPac says profit at HK branch down 10%
September 3, 2020

Bank SinoPac says profit at HK branch down 10%

The bank did not provide exact profit figures for the branch, which made profit of HK$192 million (US$24.77 million) in the...

DBS supports IRAS in digital payment implementation
September 3, 2020

DBS supports IRAS in digital payment implementation

As part of the Singapore’s drive to adopt digital contact-free payments, DBS Bank has been collaborating with government...

IBEC Supports Development of Insurance Business in the Markets of Member States
September 3, 2020

IBEC Supports Development of Insurance Business in the Markets of Member States

The International Bank for Economic Co-operation (IBEC) has signed a loan agreement with the largest Bulgarian private...

Doha Bank Donates QAR 300,000 to Help Victims of Beirut Explosion
September 3, 2020

Doha Bank Donates QAR 300,000 to Help Victims of Beirut Explosion

Doha Bank, one of the largest private commercial banks in Qatar, recently contributed QAR 300,000 in donations to...

RCBC posts P800-M net income in 2nd quarter
September 3, 2020

RCBC posts P800-M net income in 2nd quarter

Rizal Commercial Banking Corp. (RCBC) posted a net income of P800 million in the second quarter on the back of strong...

PNB sustains strong core income growth in first half of 2020, continues to boost loan reserves
September 3, 2020

PNB sustains strong core income growth in first half of 2020, continues to boost loan reserves

Philippine National Bank (PNB) registered total revenues of P23.6 billion for the first half of 2020, 24% higher compared to its...

Maybank offers repayment aid package via three easy channels
September 3, 2020

Maybank offers repayment aid package via three easy channels

Malayan Banking Bhd (Maybank) is offering its customers repayment assistance package options to ease their cashflow...

KEB Hana Bank & Korea Expressway to Facilitate Blockchain Powered Toll Payments
September 3, 2020

KEB Hana Bank & Korea Expressway to Facilitate Blockchain Powered Toll Payments

KEB Hana Bank, a leading commercial bank in South Korea, has entered into a deal with the Korea Expressway Corporation...

Korea Development Bank to open venture capital in Silicon Valley to back Korean startups
September 3, 2020

Korea Development Bank to open venture capital in Silicon Valley to back Korean startups

Korea Development Bank will set up a venture capital firm in Silicon Valley to back Korean startups in making inroads to...

SMBC joins blockchain platforms Contour, Komgo for trade finance
September 3, 2020

SMBC joins blockchain platforms Contour, Komgo for trade finance

Sumitomo Mitsui Banking Corp. (SMBC) is accelerating its adoption of blockchain technology for trade finance amid increasing digitization of international...

Mizuho signs a business cooperation agreement with Thailand-based TISCO Financial Group
September 3, 2020

Mizuho signs a business cooperation agreement with Thailand-based TISCO Financial Group

Mizuho Bank, Ltd. has signed a business cooperation agreement with TISCO Financial Group Public Company Limited (TISCO FG) on July 30...

MUFG Bank and Liquidity Capital Establish Joint Venture Debt Fund in Singapore
September 3, 2020

MUFG Bank and Liquidity Capital Establish Joint Venture Debt Fund in Singapore

MUFG Bank and Liquidity Capital M.C. Ltd. (Liquidity Capital), an Israeli fintech company, announced on August 7 that they would be entering...

State Bank of India Profit Surges 81% In June Quarter
September 3, 2020

State Bank of India Profit Surges 81% In June Quarter

State Bank of India (SBI), the country’s largest lender by assets, has reported an 81% annual increase in net profit to ₹ 4,189.4 crore in the last quarter, which...

BEA China Appoints Montgomery Ho Shun-wah as Executive Director & Chief Executive
September 3, 2020

BEA China Appoints Montgomery Ho Shun-wah as Executive Director & Chief Executive

The Bank of East Asia (China) Limited (BEA China) has announced the appointment of Montgomery Ho Shun-wah as Executive...

CTBC video lauds successful virus battle
July 15, 2020

CTBC video lauds successful virus battle

To highlight the success of the Taiwanese government’s relief efforts, CTBC Bank launched its “Our Ordinary Home” corporate video on major TV channels...

CTBC named Taiwan’s Best Domestic, Corporate and Investment Bank
July 15, 2020

CTBC named Taiwan’s Best Domestic, Corporate and Investment Bank

CTBC, Taiwan’s largest private sector bank, has been named Best Domestic Bank, and Best Corporate and Investment Bank by...

New information sharing feature for bankers
June 22, 2020

New information sharing feature for bankers

The ABA is pleased to introduce the “Bankers’ Corner”, a new feature of the ABA website. This section is designed...

How to fight off cyberattacks in an age of remote working
June 16, 2020

How to fight off cyberattacks in an age of remote working

With tens of millions of people working remotely in the wake of the COVID-19 pandemic, the cybersecurity weaknesses...

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