Branch Banking
HSBC to close 114 branches in the UK
Some of the closing branches serve less than 250 customers a week.
HSBC to close 114 branches in the UK
Some of the closing branches serve less than 250 customers a week.
StanChart unveils first-of-its-kind affluent deposit account in Singapore
The new product is only available to its Priority Banking segment.
South Korea financial firms shutters 1,000 offline offices in one year
Banks closed 380 offline offices between March 2021 to March 2022, according to the FSS.
DBS Hong Kong shows off greener branch outfits
The bank is making a statement about the future not through a new product, but with its uniforms.
Deutsche Bank opens first Bangladesh office
It is their 15th market to be active in.
Retail bank sales fall as digital struggles to fill branch banking hole
Digital sales rose to a new record, but could not offset fall in branch sales.
MUFG Bank launches branch in India’s GIFT City
The bank now has six branches throughout India.
Dah Sing Bank temporarily shutters Shek Tong Tsui branch
Customers are advised to use mobile or internet banking services.
Philippine banks takes back pre-pandemic profitability in mid-2022: analyst
NPL in the country’s banking sector has peaked and will continue to decline.
Dah Sing Bank temporarily shuts down Shek Tong Tsui branch
The branch will undergo cleaning and disinfection.
Australian regulator revokes Citigroup’s banking license
This follows after CPL’s consumer banking business was acquired by NAB.
Taiwan banks ordered to take measures to safeguard elderly customers
Regulator urges banks to treat elderly customers fairly and reasonably.
Standard Chartered opens US$40m Greater Bay Area Centre in Guangzhou
More than 700 employees are now based in the GBA Centre.
OCBC NISP transforms its branch into a financial fitness gym
This is the bank’s way to instill the “FinanciallyFit first, CrazyRich later” mindset to the younger generation.
Taiwan’s bad loans shrank by $2.03b in January
NPL ratio for 39 domestic banks is now at 0.16%.
Citi to hire 200 bankers in next three years
Majority of the hires will be from China, Hong Kong, India, and Singapore.
BEA closes 2021 with 45.8% surge in attributable profits
The bank got a boost from a significant reduction in impairment losses.