Tags Banking

Tag: Banking

DBS Bank India

Singapore’s DBS Bank Launches Mobile-Only Bank in India

Singaporean multinational banking and financial services firm DBS Bank Ltd has announced the launching of its mobile-only bank in India, the country's first. In a...
Security Bank

Security Bank Seals Partnership Deal with The Bank of Tokyo-Mitsubishi UFJ

Security Bank Corporation (PSE: SECB) and The Bank of Tokyo Mitsubishi UFJ, Ltd. (BTMU) have completed the strategic partnership deal signed last January 14,...

BDO Unibank Seals Deal With Japan’s FIDEA

MANILA - Philippine listed bank BDO Unibank Inc (PSE:BDO) and Japanese financial institution FIDEA Holdings (FIDEA Group) further strengthened their business relationship through a...

BDO Unibank Named Among ASEAN’s Top 50 Listed Firms

BDO Unibank Inc (BDO), one of the Philippines' leading banks, is among the recipients of the inaugural ASEAN Corporate Governance Awards Top 50 ASEAN...

ANZ Selling Stake in Indonesia’s Panin Bank for USD740 Million

The Australia and New Zealand Banking Group (ANZ) has officially put its stake in Indonesia's Panin Bank on a formal auction as it seeks...

Briefly: Indonesia To Allow Higher Foreign Stakes in Local Banks

From the current limit of 40 percent, Indonesia's Financial Services Authority has hinted that it is open to lifting the curb and allowing a...

Metrobank Partners with Bank of Yokohama To Serve Japanese Firms in the Philippines

MANILA, PHILIPPINES - Metropolitan Bank & Trust Company (Metrobank) recently signed an agreement with one of Japan’s leading financial conglomerates, The Bank of Yokohama...

Hong Kong Monetary Authority Warns of Bogus Bank Voice Messages

The Hong Kong Monetary Authority (HKMA) wishes to remind members of the public again to stay vigilant to a recent massive scale of bogus...

UBS To Open Branch in Shanghai This Year

Swiss lender UBS Group AG, the biggest private bank in Asia, is set to open a Shanghai branch within this year to further cement...

American Express Launches Cashback Credit Card in the Philippines

CEBU, PHILIPPINES – BDO and American Express formally announced the launch of the American Express Cashback Credit Card. In the Philippines, the Card will be...

Co-CEOs of Deutsche Bank Offered To Resign

Two weeks after Deutsche Bank gave one of its co-chief executives more power, the two Co-CEO have reportedly offered to resign, Reuters has reported....

Bank of Tanzania Gets Award for Governance Risk and Compliance Project in Africa

TANZANIA - The Bank of Tanzania, the central bank of the United Republic of Tanzania, was awarded the title of "Best Governance Risk and...

JP Morgan Names Global Investment Banking Head for Hong Kong

HONG KONG - JP Morgan Chase & Co has named David Lau as head of global investment banking for Hong Kong, online financial publications...

Shanghai Banks Offer Higher Deposit Rates To Lure Customers

SHANGHAI, CHINA - Smaller banks in the Chinese city of Shanghai are doing all its best to keep up with competition and further attract...

Generali Asia Completes 49% Acquisition of Malaysian Insurer

MALAYSIA - Pursuant to the agreement signed on 18 December 2014, Generali completed the acquisition of a 49 percent stake in Multi-Purpose Insurans Berhad...
Overseas Remittances

Philippine Central Bank Meets This Week; Forecast To Keep Policy Rates

MANILA, PHILIPPINES - The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, is meeting this week and analysts have predicted that...
Overseas Remittances

Philippine International Reserves Up USD80.8 Billion in April

MANILA, PHILIPPINES - The Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, said preliminary data showed that the country's gross international...

EastWest Bank Raises Php8 Billion in Philippine Stock Exchange Offering

MANILA, PHILIPPINES - EastWest Banking Corporation (EW) listed more than 371 million shares from its recently concluded stock rights issuance at the Philippine Stock...

Reserve Bank of Australia Cuts Interest Rates to Record Low

SYDNEY - The Reserve Bank of Australia (RBA) has decided to lower interest rates to a record low of 2 percent as part of...

Regulator Sets New Policy For Philippine Banks That Want To Sell Insurance

MANILA, PHILIPPINES - The Insurance Commission (IC) of the Philippines now requires banks that intend to sell insurance products to first secure bancassurance agreement...