Risk-averse investors flocking to short-term instruments, says RCBC
Cash-rich domestic investors are flocking to short-term investment instruments to protect themselves against market...
Doha Bank announces the launch of Doha Bank Easy Pay Wallet
Doha Bank, one of the largest private commercial banks in Qatar, has announced the launch of Doha Bank Easy Pay...
Singapore’s DBS Bank picks Taiwan for third technology development center
Singapore-based DBS Bank has chosen Taiwan as the site for its third technology development center after Singapore...
HNB launches A Banker for every Sri Lankan
In a bid to celebrate the achievements of unique and exceptional local entrepreneurs, HNB PLC announced the launch of...
CTBC Financial beats its own record for accolades
CTBC Financial Holding Co not only remained stable during a trying year last year, but also outperformed itself, setting...
E. Sun and Hua Nan aim to have all branches bilingual by 2026
E. Sun Commercial Bank and Hua Nan Commercial Bank, two major Taiwanese banks, said that they will make all of their...
Fubon net profit surges 55% on bullish stock market
Fubon Financial Holding Co on January 11 reported net profit of NT$90.85 billion (US$3.19 billion) for last year, up 55%...
PNB moves to foster use of digital banking
Philippine National Bank (PNB) announced it is extending the waiver of electronic fund transfer fees in its digital...
BML Islamic launches Education Financing for higher studies
Bank of Maldives (BML)'s Islamic branch announced an Islamic Shariah compliant facility, offering financial assistance...
Maybank temporarily closes 69 branches due to MCO
A total of 69 Malayan Banking Bhd (Maybank) branches across Malaysia will not be operational temporarily from...
Hana Bank pushes for English-language documentation
Hana Bank will introduce documents written in both English and Korean in the latter half of 2021, as part of a group-wide...
Mizuho to hire Moelis Technology Banker Zach Righellis
Mizuho Financial Group Inc. has hired Zach Righellis from Moelis & Co. to cover hardware and semiconductor investment...
MUFG’s next banking unit chief, targets Asia for growth
Mitsubishi UFJ Financial Group Inc.’s next banking unit chief has vowed to target business in Asia, while signaling the...
SBI raises $600 million from overseas bonds
State Bank of India (SBI), India’s largest bank, on January 7 raised $600 million through bonds issued to international...
Bank of Bhutan introduces American Express to Bhutan
Bank of Bhutan Limited (BoBL), announced its partnership with American Express on December 18. The partnership will...
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
Bangkok Bank PLC announced the launch of its Thai language Artificial Intelligence (AI) powered chatbot that was built-in...
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
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
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
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
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
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
Malayan Banking Bhd (Maybank) is among participating banks of the newly launched Singapore Financial Data Exchange...
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
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
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
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
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
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
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
The 10th Asian Excellence Award hosted by Corporate Governance Asia magazine recently announced that CTBC...
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
Sri Lanka’s Hatton National Bank (HNB), announced an exclusive partnership with local real estate developers Prime...
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
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
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
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
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.
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
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
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
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
Philippine National Bank (PNB) was honored by Asiamoney with Best Bank for Corporate Social Responsibility (CSR) in...
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
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
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
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
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
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
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
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
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
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%
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
With tens of millions of people working remotely in the wake of the COVID-19 pandemic, the cybersecurity weaknesses...