News
Internet banking transactions in South Korea rose 20.6% in 2020
Internet banking transactions in South Korea rose 20.6% in 2020
Daily, there were than 13 million online banking transactions in the country last year.
Citi appoints Kartik Mani as the Head of Consumer Banking in Asia
He replaces Gonzalo Luchetti, who is the new head of consumer banking in the US.
ABF Wholesale Banking, ABF Retail Banking and ABF Corporate & Investment Banking Awards 2021 now open for nominations
Be a part of the prestigious celebration on 1 July.
MUFG's securities unit warns $270m in losses from unnamed US client: report
The losses will be reflected in the unit’s first quarter financial statement.
Sumitomo Mitsui Banking Corp, JICA launch sustainable finance framework
The framework will apply to overseas co-finance loans.
Philippine card payments to grown 15.4% in 2021
The revival of economic conditions and vaccine distribution will spur card spending.
Japan's financial firms face activist climate votes as AGMs near
Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.
Mergers imminent amongst Japan's regional banks: study
Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.
Clear skies ahead for Aussie banks as economy improves
Banks can withstand NPL growth due to loan loss reserves.
Singaporean customers more satisfied with e-wallets than banks in 2020
Customer satisfaction for e-wallets was higher than that of banks.
Citi Hong Kong installs 360 solar panels on Citi Tower
In 2020, the bank reached its goal to source 100% renewable energy to power local operations.
Tonik launches neobank in the Philippines
It offers up to 6% interest rate per annum.
Kuliza, Mambu launch digital lending solution for SEA, India
Kuliza's Lend.In allows financial firms to modernise their loan products.
Japan's financial firms face activist climate votes as AGMs near
Mizuho was forced to vote on a climate-focused resolution in its AGM last year, but more firms are being targeted in 2021.
Tonik launches Philippines’ first official neobank
It offers up to 6% interest rate per annum.
China hopes for stability through stricter FHC rules: report
The rules will also hopefully insulate firms' finances from other risks.
Mergers imminent amongst Japan’s regional banks: study
Ultralow rates, competition will hurt profits to the point where revenue no longer covers operating expenses.
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