Minjun ParkFinance
Techcombank CEO Jens Lottner Earns $650,000 in First Half
The German executive took home VND16.9 billion as total executive payouts rose six per cent at the Vietnamese lender.
Tag
Banking
Every story tagged Banking on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Banking
1,244 stories in this topic
Rajiv MenonFinance
Trump Signals US Dollar Bans on Chinese Banks over Iran Trade
Washington threatens to cut Chinese lenders from dollar clearing networks weeks before Xi Jinping’s planned bilateral summit with Donald Trump.
Maria SantosFinance
Sumitomo Mitsui Trust Expands to Vietnam Through Asset Management Joint Venture
Japan’s Sumitomo Mitsui Trust Group will establish a partnership with a Vietnamese state-owned bank to capture household wealth shifting into capital markets.
Rajiv MenonFinance
Vietnamese Dong Strengthens as Dollar Drops to VND26,330 at Vietcombank
Unofficial currency traders pushed the greenback up 0.19 percent to VND25,970 even as official commercial bank rates edged down.
Sarah ChenFinance
Cambodia Strengthens Responsible Microfinance with 22 New Actions
Cambodia’s National Bank and the United Nations are advancing 22 key actions to bolster consumer protection and responsible lending in the nation’s microfinance sector, aiming for a more transparent financial system.
Wei ZhangFinance
China Expands Digital Yuan Network to Accelerate Adoption with Eight New Banks
China has expanded its digital yuan infrastructure by integrating eight additional banks into the national network. This move aims to significantly accelerate the adoption of the central bank digital currency, known as the e-CNY, across the country.
Rajiv MenonFinance
Expanding Footprint: Revolut Secures French Banking License, Plans 600 New Jobs in Western Europe
Revolut, a prominent fintech company, has received a full banking license in France, as authorized by the country’s banking regulator, ACPR, and the European Central Bank (ECB). Prior to obtaining this license, Revolut conducted its EU operations under a…
Maria SantosFinance
DBS Amplifies Banking Experience with AI-Powered Virtual Assistants
DBS is advancing in the realm of artificial intelligence (AI), transforming its virtual banking assistants from mere information tools to digital agents with the ability to perform banking tasks on behalf of customers. The Singapore-based bank has introduced…
Rajiv MenonFinance
Ant International’s Alipay+ Adds New Bank Partners Amid Cross-border Mobile Payment Boom in Asia Pacific
Ant International is making inroads into the traditional banking industry in Asia, with Hang Seng Bank being the first to partner with the payment network in Hong Kong. This collaboration will enable customers to make cross-border QR payments directly from…
Sarah ChenFinance
Swiss Banking Giant Sygnum Expands Reach in Europe with New Micar Licence
Swiss digital asset banking conglomerate, Sygnum, is amplifying its expansion efforts throughout Europe following the procurement of a Markets in Crypto-Assets (MiCA) license for its Liechtenstein-based subsidiary. This approval paves the way for the firm to…
Wei ZhangFinance
Fee-Free ATM Withdrawals in Malaysia: New Initiative Boosts Accessible Banking from July
Starting July 1st, Malaysians will have the ability to withdraw cash from any bank’s automated teller machines (ATMs) or smart recycler machines (SRMs) across the country without the usual RM1 (US$0.25) interbank fee. This new initiative will grant debit…
Rajiv MenonFinance
Mastercard Boosts Digital Banking in Asia with Merchant-Funded Offers Integration
In response to the rapid digital transformation impacting consumer habits throughout the Asia-Pacific region, financial institutions are focusing on redefining their mobile applications to become integral components of daily transactions. Mastercard, a global…
Aiko TanakaFinance
Wealthy Families Go Global: UBS Reveals Surge in Diversification and AI Investment Strategies
Geopolitical uncertainties, economic recession concerns, and increasing skepticism around the supremacy of the U.S. dollar are leading to a shift in the investment strategies of affluent families globally. The new Global Family Office Report from UBS reveals…
Aiko TanakaFinance
OCBC Boosts Hong Kong Wealth Management Team by 30% Amid Rising Demand
The Oversea-Chinese Banking Corporation (OCBC) has announced plans to bolster its wealth-management staff in Hong Kong by 30% this year. This move is a strategic reaction to an increasing demand from its clientele for investment and financing services.…
Wei ZhangFood
Citi Bolsters Regional Standing with New Lead for Infrastructure Investment Banking in Asia South
In a bid to solidify its foothold in the rapidly burgeoning regional infrastructure market, global banking conglomerate Citi has announced the appointment of Bhavin Shukla as its new Managing Director. Shukla is set to steer the firm’s Infrastructure…
Aiko TanakaFinance
DBS Singapore Earmarks $7.8M for Consumer Relief: Cashback Initiative to Combat Rising Living Costs
In an endeavor to support consumers during a time of economic uncertainty and surging expenses, DBS Singapore has announced the provision of S$10 million (US$7.8 million) in cashback redemptions. These will be available for DBS and POSB cardholders, as well…
Background from the Retail Academy
Evergreen guides that explain the mechanics behind this topic.
Payments
Payments in Brunei
How Bruneian shoppers pay in store and online, what acceptance costs, and how the payment mix changes your working capital.
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E-commerce
Omnichannel fulfilment
Ship-from-store, click and collect, marketplace fulfilment and live commerce, what each model demands from inventory accuracy, staffing and systems, and whe…
Retail Operations · 11 min read
KPIs and definitions
Retail KPI dictionary
Plain definitions and formulas for the retail metrics that appear in Asian earnings calls, investor decks and operating reviews, with notes on how each one…
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Market entry
Market entry models
The four ways brands enter Asian retail markets, what each one costs in control and capital, and the questions that decide which is right for a given country.
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