Retail Banking
RHB unveils corporate debit card to reduce cheque and cash payments
RHB unveils corporate debit card to reduce cheque and cash payments
The initiative is meant for business payments made to government agencies.
CIMB raises fixed deposit and lending rates
This is in response to Malaysia's central bank's 0.25% rate hike.
Citi's APAC consumer bank revenue up 7% at $7.3b in 4Q17
It is their sixth consecutive quarter of growth.
Kiatnakin Bank to focus on high-yield loans to boost income
Solid earnings will continue in 2018.
Chinese banks struggle with tighter liquidity conditions in 2018
Medium and small-sized banks are more vulnerable to these conditions.
Kasikornbank may need higher provisions on credit losses
Its IFRS 9 compliance detected a high-risk loan portfolio from high exposure to SMEs.
Malaysian banks' 2018 net profit growth slows to 7.2%
This is compared to a stronger 13.0% in 2017.
CIMB approves Malaysian banks' interest rate hike
The bank believes it is well-equipped to implement the rate growth.
India to put nearly $14b into state banks by March
In return, the banks must implement reforms to boost lending and solve bad debt.
Deutsche Bank hires new managing directors for its wealth management Global South Asia business
Rasik Ahuja, Sagar Sapra, and Swapnil Mishra are the three new managing directors.
Bangkok Bank 4Q17 net profit edges up 3% YoY to $269m
Overall operating earnings expanded by 9%.
DBS wants more private bankers to tap Asia's ultra rich
It eyes boosting its current pool of 200 private bankers by 10-20%.
Bad loan provisions are the biggest challenge for State Bank of India
This alarms the bank even as credit has grown from a three-decade low.
Siam Commercial Bank to save $252m from staff layoffs and branch closures
This move is part of the bank's digital 2020 SCB Vision efforts.
Citi names Sujoy Ghosh as regional head of insurance Asia Pacific
He joins Citi with oversight of the bank’s consumer banking insurance business.
Weekly Global News Wrap Up: Bank of America customers protest; Deustche Bank overhaul to take time
And Fed works on easing up bank leverage limits.
Chart of the Week: Find out how big Thai banks' bancassurance partnerships boost fee income
It's a win for overall profitability that has been under high credit costs.
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