Asian Banking & Finance

Total transaction values plummeted after April trade restrictions forced a summer long freeze in regional merger and acquisition activity.

The deal is expected to lift its Indonesian unit’s AUM by about 25%.

All sensitive data used in the exercise will be permanently deleted once complete.

Anita Li joins Citi in July.

Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.

Its commercial loan balance rose to HK$2.3b, it said.

The SME sector received similar support during the pandemic era.

Eligible SMEs can obtain a working capital loan of up to MYR750,000 (about $189,000).

Higher energy prices will reduce room for fiscal spending, the report said.

CEO Phlaphongphanich said the industry is measuring the wrong things. 

Its dividend for the period is 83 cents per share.

It cuts agent-wallet linking steps by 50% of traditional card binding methods.

Law previously worked at a Hong Kong-headquartered bank.

Wealth management growth drove up fee income and treasury customer sales to new highs.