Malaysia’s Maybank plans to diversify revenue from retail SMEs
The bank aims to increase the current 10% revenue from the segment to 20% in three years...
Tag : Southeast Asian banking
BNP Paribas shuts down Philippines offshore banking unit
BNP Paribas’s Philippines branch become a licenced offshore banking branch in 1997...
Malaysian banks’ Q2 profit shows very little growth
Bank Negara lowered the overnight policy rate which affected the banks’ earnings...
Digital helps PPC Bank of Cambodia generate $8 mn profit
Loans issued during the period also increases by 32% while deposits increase by 15%...
Overseas Filipino Bank to be first digital bank in the Philippines
Land Bank of Philippines working with the central bank to create rules and regulations for the bank...
Rate cuts imminent, says Philippines central bank governor
Interest rates could be cut by 50 basis points for the rest of the year marking the end of the easing period...
IF EXCLUSIVE: Singapore digital banks: Compete or collaborate?
With a digital banking licence, Singapore’s fintech startup InstaReM plans to change the dynamics of banking customer experience...
Malaysia approves RHB Bank insurance sale to Tokio Marine
The merger between insurance arm of RHB Bank and Tokio Marine is set to create the second largest general insurer in the country...
Indonesia reviewing banking rules to lure more foreign investors
Indonesia liberalising requirement that the acquiring banks have to merge all local operations into one entity...
Vietnam VPBank’s pre-tax profit rises 44% to VNĐ2.56 tn in Q2
The bank’s strong growth factors in improved process, reorganised structure and good labour performance...