While deposit insurance acts as a key safeguard in the event of a commercial bank failure, it’s not a cure-all. There are limits on how much can be insured, and usually there’s a bit of a delay before ...

JAKARTA, Jan 15 (Reuters) - Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing to prop up growth in Southeast Asia's largest economy despite ...

It also replaced the term virtual bank with licensed digital bank in a bid to boost public confidence in the firms. “Taking into consideration feedback from the industry, the HKMA considers that ...

SINGAPORE: In 2022, Mr Christopher How put his name down on a waiting list for a savings account offered by a new digital bank in town. Curious about the new offering – formed in an unlikely ...

💜 A personal web page for every employee 💜 Modern Digital Workplace 💜 SharePoint Online 💜 Intranets 💜 Improving the employee Office 365 experience ...

YTL Digital Bank Berhad, a joint venture between YTL Digital Capital Sdn Bhd and Sea Limited, has officially introduced Ryt Bank. The digital bank joint venture has received their digital banking ...

JAKARTA, Jan 16 (Reuters) - Indonesia's central bank said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months on ...

Bank Mandiri, through its subsidiaries, is active in a broad range of financial services. Bank Syariah Mandiri has achieved a dominant position in Indonesia's Islamic banking; Mandiri Sekuritas ...

JAKARTA -- Indonesia's central bank announced a surprise cut to its policy rate by a quarter point to 5.75% on Wednesday, citing the need to move the economy and to ensure inflation remains under ...

Super Bank Indonesia is considering an initial public offering that may take place in Jakarta as soon as this year, according to people familiar with the matter. The digital banking company ...

KAF Digital Bank has received approval from Bank Negara Malaysia (BNM) and the ministry of finance to commence operations as a digital bank. This according to the consortium led by KAF Investment Bank ...

these digital banks do not impose any minimum balance requirement for their savings accounts. GXS Bank (GXS), a consortium backed by Grab Holdings and Singtel, first began offering its services to a ...