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RHB Bank Berhad profit up 16% to $496.88m in 2017
Higher net funding income and lower impairment losses on loans boosted yearly earnings.
RHB Bank Berhad profit up 16% to $496.88m in 2017
Higher net funding income and lower impairment losses on loans boosted yearly earnings.
Hang Seng Bank unveils mobile security key to enhance e-banking services
It will replace customers' need for a physical security device.
UOB Private Bank recorded a three-fold increase in DPM in 2017
Thanks to growing investor confidence resulting to portfolio returns averaging 10-30%.
KBank taps Avaloq to grow its private banking arm
The project will be Avaloq’s first foray into Thailand.
OCBC Bank allows Siri to help customers make e-payments
The virtual assistant can also check bank balances and credit card details.
BEA HK's profits ballooned 151.1% YoY to $1.19b
The disposal of Tricor Holdings accounted for a third of the profits.
Standard Chartered's Singapore-based operations to merge with local unit
This will triple its assets and add its large banking businesses.
Hang Seng Bank's profits rose 23% YoY to $2.56b
Net interest income also increased thanks to a steady loan pipeline.
Kasikornbank revenue up 8% to $787.26m in 2017
Thanks to robust demand for corporate loans.
ICBC Hong Kong's loan growth to boost earnings by 10%
Demand for project financing and mortgages will push loans up.
Citi targets double-digit growth in wealth management clients and AUMs
This will be buoyed by strong digital progress and platforms amongst others.
It's raining dividends at OCBC and UOB
OCBC and UOB raised their dividends to 38 cents and 80 cents, respectively.
China Construction Bank targets 7.1% loan growth in 2018
This will be driven by infrastructure loans, residential mortgages, and personal consumption loans.
Bank Danamon's net profit grows 38% to $259m
Most income statements improved except weak fee-based income.
UOB's net profit to rise to $3.83b in 2018
This will be driven by strong loan growth.
OCBC rolls out facial recognition to identify premier banking customers
It can record the purpose of the visit, gather feedback, and understand customer behavior patterns.
HSBC kickstarts RMB remittance from Hong Kong to China
This is after China eases cross-border RMB transaction policy for individuals.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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