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PT Bank Mandiri teams up with Lombard Odier to boost offshore business
The bank’s subsidiary will offer a more diversified portfolio to lure asset repatriation.
PT Bank Mandiri teams up with Lombard Odier to boost offshore business
The bank’s subsidiary will offer a more diversified portfolio to lure asset repatriation.
Credit Suisse gets go-signal for Philippine wealth management business
It has received a license from the country’s regulator and central bank.
Citi inks deal with BOC and CMB to explore co-financing Belt & Road projects
The bank has business coverage across 60 of 70 B&R markets.
Bank Rakyat Indonesia poised for double-digit earnings growth
Potential savings between $217m to $363m could buoy the bank from a three-year decline.
OCBC expands AI voice banking services with Google
Customers can now inquire about OCBC’s services through a Google Assistant.
Kotak Bank zooms past SBI to stand as India's second most valuable lender
Its $33.84b market cap beats the state-bank by a mere margin.
Cathay Financial scraps deal to acquire Malaysian assets of Canada bank
The deal reportedly cannot be closed before the deadline.
Mortgage lending buoys China Construction Bank's home advantage
It accounted for 31.4% of CCB’s total loans and 81.7% of personal loans.
Standard Chartered unveils innovation laboratory in Hong Kong
‘eXellerator’ will act as a testing space for the bank’s fintech products and services.
Citi Asia Pacific's profits soars 48% to $1.24b in Q1
It accounted for more than a fourth (26%) of the group’s global profits.
RHB Islamic Bank Berhad unveils corporate debit card to slash cash and cheque use
It acts as an alternative for businesses to pay local government agencies.
OCBC debuts quick credit card approval and Apple Pay integration
Customers can make purchases at Apple Pay merchants within minutes of credit application.
ICBC Singapore unveils investment banking services
Property owners and developers are the initial target clientele.
UOB forms joint venture with credit scorer Pintec
The joint venture will have a capital of up to $10m.
DBS launches online remittance service for non-customers
SmartSend allows money transfers to Australia, Hong Kong, India, Indonesia, Malaysia, Philippines, the UK, and the US.
Citi links rewards points redemption service with Samsung Pay
It will be available for customers in Southeast Asia and Oceania by 2019.
Singapore cautions banks against cybersecurity attacks
This follows an attempted hacking using the SWIFT system in Malaysia.