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Tag: retail banking

Retail Asia05/07/2021
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Finance

StanChart Names Chief Information Officer for Retail Banking

1min0
She takes over Paul Macpherson, Chief Information Officer, CPBB since 2018, who will be leaving to pursue opportunities outside the bank. Standard Chartered has appointed Anshu Sharma Raja as chief information officer, Consumer, Private & Business Banking (CPBB), the bank announced on Friday. Raja joined the bank in 2018 as managing director, global head of Retail Banking […]
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Retail Asia21/06/2021
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Finance

HSBC Agrees to French Retail Bank Sale

2min0
HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group, furthering the British lender’s non-Asia retreat. HSBC has agreed to sell its French retail bank to the Paris-based banking group in a deal that includes 244 branches, 3,900 staff alongside 21.5 billion euros ($25.5 billion) in customer loans and 18.9 billion […]
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Retail Asia31/01/2019
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Finance

CIMB completes Asean footprint

3min0
CIMB Group Holdings Bhd is finally completing its operating footprint in Asean with the launch of its banking presence in the Philippines. It has received regulatory approval from the Securities and Exchange Commission of the Philippines for its investment banking joint-venture in the country, CIMB Bancom Capital Corporation. CIMB Group CEO (group ventures and partnerships) […]
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Retail Asia29/01/2019
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Finance

Vietnamese banks report plunge in profits

3min0
While profit across the banking sector grew by an estimated 40 percent last year, VietinBank, LienVietPostBank and SaigonBank have reported steep declines. The biggest surprise came from state-owned VietinBank, the country’s second biggest lender by assets, which reported a 25 percent fall in profits before tax to go out of the group of five most […]
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Retail Asia06/03/2018
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Finance

Vietnam commercial banks boost retail banking segment

4min0
Commercial banks have adjusted their service fees to individual customers since beginning of the year in order to focus on the retail segment. For money transfer services in the same banking system, some commercial banks, such as VIB, VietinBank and Techcombank, do not charge for individual customers when using electronic services. These banks charge VNĐ8,800 for […]
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Retail Asia20/07/2016
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Finance

Maybank debuts m-banking in Cambodia

3min0
Maybank has introduced its mobile banking app in Cambodia as part of efforts to strengthen its presence in the country. The app is the first in Cambodia to offer augmented reality and a QR code reader. A similar app was launched in Malaysia in 2014. Maybank group head of community financial services Datuk Lim Hong […]
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Retail Asia05/04/2016
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Finance

OCBC launches banking app for Apple Watch

3min0
Singapore’s OCBC Bank has launched a new mobile banking app designed for the Apple Watch. With the app, users can have instant access to their personal banking information, including the full list of their balances – bank accounts, cards and investments, recent transactions, and the location of the nearest OCBC Bank branch or ATM, on […]
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Retail Asia27/03/2016
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Finance

Maldives laments HSBC retail banking loss

5min
Maldives central bank on Thursday lamented the decision by Banking giant Hong Kong and Shanghai Banking Corporation (HSBC) to cease retail banking in the Maldives from April. Speaking at the parliamentary finance committee governor Azeema Adam insisted that the Maldives Monetary Authority (MMA) does not wish HSBC to cease retail banking services in the Maldives […]
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Retail Asia04/02/2016
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Finance

BRI records net profit of Rp25.2 trillion

2min
PT Bank Rakyat Indonesia Tbk. made a net profit of Rp25.2 trillion in 2015, representing a 4.5 percent growth from Rp24.2 trillion it made in the previous year. “The growth is driven by an increase in the interest income that reached Rp82.2 trillion, reflecting a growth of 13.5 percent from the previous year,” the state-owned […]
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Retail Asia07/12/2015
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Finance

German start-up Number26 launches pan-European mobile bank

6min
Number26 is looking to succeed where traditional lenders have struggled, by relying on mobile phones to build a true pan-European bank. The German financial services start-up is expanding into six European markets, making it the first mobile phone bank to straddle the region’s borders, it said on Thursday. Number26 is entering France, Italy, Spain, Slovakia, […]
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Retail Asia11/10/2015
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General

SCB plans to double its retail banking

5min
Standard Chartered Bank (SCB) has planned to double its business size of retail banking in Bangladesh within next five years, a top executive of the bank said. “We’re working to double our retail banking business size in Bangladesh by 2020,”  Sebastian Arcuri, regional head for retail banking in ASEAN and South Asia of SCB, said […]
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