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KUALA LUMPUR, June 1 — MIDF Research has maintained its “Buy” call on CIMB Group Holdings Bhd with a higher target price (TP) of RM4.60 from RM4.50 previously. In a note today, the research house said the group had a tremendous start to the year, reporting above expectation with a net profit...

Techcombank CEO: How a bank grows is defined by how it keeps its promises to customers 20:36 | 07/05/2021 Committed to sustainably serve Vietnamese customers, Hanoi-headquartered Techcombank is building on its track record to gain a strong foothold in Vietnam’s fast-growing financial market. The bank’s ultimate goal is to become a top 10 bank in Southeast Asia, having the scale and capacity to deliver the best customer journey. Jens Lottner, the expat C...

SBM Bank bets on tie-ups to grow India ops; not to add branches SECTIONS Last Updated: Apr 19, 2021, 12:57 PM IST Share Synopsis DBS, the only other wholly-owned subsidiary, acquired struggling private sector lender Lakshmi Vilas Bank last year, which gave it access to 563 branches. Reuters The bank is not keen on adding to its brick and mortar branch network, which right now consists of six outlets in metro cities and two in unbanked rural areas, Rath said SBM Bank India, the wholly-owned subs...

SBM bets on tie-ups to grow India operations; not to add branches Top Searches SBM bets on tie-ups to grow India operations; not to add branches Apr 19, 2021, 16:06 IST FacebookTwitterLinkedinEMail (Representative image) MUMBAI: SBM Bank India, the wholly-owned subsidiary of the Mauritian governments SBM, is betting on partnerships with fintechs and non-bank entities to grow its business here and is not interested in growing its branch network like DBS Bank India did with an acquisition, a top...