Asian Banking & Finance

Regulators are the key to manage APAC banks rising cyber risks: S&P Global
The analyst said data breaches could prove crippling for individual banks.
Alipay+ to enable cross-border payments to South Korea for four Asian e-wallet
Users of these e-wallets can now pay over 120,000 merchants in South Korea.
AEON Credit H1 revenue soars 11.8%
Profit after tax increased by $22.52m
Bank of China warns public of fraud website
The fake website has been reported to the regulator and the Hong Kong police.
OCBC launches learners programme for the elderly
The programme aims to teach senior citizens how to use digital banking and avoid scams.
Bank of China Hong Kong raises prime rate to 5.125% per annum
The bank also adjusted its HKD savings deposit rate to 0.125% pa.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Hang Seng Bank raises prime rate to 5.125%
HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa.
Islamic finance professionals more open to adopting crypto, digital assets: survey
Lack of need to pay for interest rates appeals to conservative Muslims.
Banks’ commercial real estate woes in China to persist for two more years: report
Property developers just posted their worst first-half earnings in over a decade.
Standard Chartered, Taulia ink MOU to offer supply chain finance solutions
Both parties will offer supply chain finance and dynamic discounting solutions.
Goldman Sachs axes 25 investment bankers in Asia: report
Those affected are majorly junior level bankers involved in Greater China deals.
South Korea financial firms shutters 1,000 offline offices in one year
Banks closed 380 offline offices between March 2021 to March 2022, according to the FSS.

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Exclusives

Exclusives

Retail Banking UNO Digital Bank sets its sights on being Filipinos' top virtual bank
CEO Manish Bhai said they want to be first for their Filipino customers’ financial needs.
Branch Banking DBS Hong Kong shows off greener branch outfits
The bank is making a statement about the future not through a new product, but with its uniforms.
Retail Banking Salaries soar as Hong Kong banks engage in poaching war to hire & retain talent
HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring.
Investment Banking Thailand plays catch up with global green finance goals
Banks are calling for legislators to impose carbon tax and a common taxonomy of goals.
Banking Technology Data is the bane and boon of addressing sustainable investment gap
Wielding this tool the right way is key to pushing and meeting ESG goals, says Experian’s Sisca Margaretta.
Retail Banking How Singapore banks are closing the gender gap
Most banks have already exceeded the 2021 regional average of 18.5% employed women per firm.
Small step for Green Link Digital Bank, large leap for Singapore MSMEs
Size does not matter for Singapore’s newest wholesale digital bank.

Top News

Regulators are the key to manage APAC banks rising cyber risks: S&P Global
The analyst said data breaches could prove crippling for individual banks.
Alipay+ to enable cross-border payments to South Korea for four Asian e-wallet
Users of these e-wallets can now pay over 120,000 merchants in South Korea.
AEON Credit H1 revenue soars 11.8%
Profit after tax increased by $22.52m
Bank of China warns public of fraud website
The fake website has been reported to the regulator and the Hong Kong police.
OCBC launches learners programme for the elderly
The programme aims to teach senior citizens how to use digital banking and avoid scams.
Bank of China Hong Kong raises prime rate to 5.125% per annum
The bank also adjusted its HKD savings deposit rate to 0.125% pa.
Bank of East Asia raises savings rate to 0.125% per annum
It is also raising its HK dollar prime rate to 5.375% pa.
Hang Seng Bank raises prime rate to 5.125%
HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa.
Islamic finance professionals more open to adopting crypto, digital assets: survey
Lack of need to pay for interest rates appeals to conservative Muslims.
Banks’ commercial real estate woes in China to persist for two more years: report
Property developers just posted their worst first-half earnings in over a decade.
Standard Chartered, Taulia ink MOU to offer supply chain finance solutions
Both parties will offer supply chain finance and dynamic discounting solutions.
Goldman Sachs axes 25 investment bankers in Asia: report
Those affected are majorly junior level bankers involved in Greater China deals.
South Korea financial firms shutters 1,000 offline offices in one year
Banks closed 380 offline offices between March 2021 to March 2022, according to the FSS.

Exclusives

Retail Banking UNO Digital Bank sets its sights on being Filipinos' top virtual bank
CEO Manish Bhai said they want to be first for their Filipino customers’ financial needs.
Branch Banking DBS Hong Kong shows off greener branch outfits
The bank is making a statement about the future not through a new product, but with its uniforms.
Retail Banking Salaries soar as Hong Kong banks engage in poaching war to hire & retain talent
HSBC saw its headcount fall to 20,500 in just two years as part of its restructuring.
Investment Banking Thailand plays catch up with global green finance goals
Banks are calling for legislators to impose carbon tax and a common taxonomy of goals.
Banking Technology Data is the bane and boon of addressing sustainable investment gap
Wielding this tool the right way is key to pushing and meeting ESG goals, says Experian’s Sisca Margaretta.
Retail Banking How Singapore banks are closing the gender gap
Most banks have already exceeded the 2021 regional average of 18.5% employed women per firm.
Small step for Green Link Digital Bank, large leap for Singapore MSMEs
Size does not matter for Singapore’s newest wholesale digital bank.

Join the Asian Banking & Finance community