Lending & Credit
BEA launches First-year Effective Rate P3.28%
BEA launches First-year Effective Rate P3.28%
The Bank of East Asia (BEA) has launched a new mortgage plan offering a first-year mortgage rate of P3.28 percent (prime rate) for Emerald Green...
HSBC halts prime rate cutback
HSBC will maintain its Hong Kong benchmark lending rate at 5 percent per annum last changed on 10 November 2008.
Chinese banks binging on debt to boost capital
Desperate times call for desperate measures and times couldn’t be more desperate than they are now in the Chinese banking sector with economic growth...
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1. Singapore banks introduce safeguard for large digital withdrawals 2. SMBC Group establishes offshoring hub in Chennai, India 3. Singapore banks lead globally in AI use for financial crime compliance 4. Private lenders step in as Hong Kong banks cut real estate loan growth 5. CIMB unveils new wealth management platform in MalaysiaResource Center
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
Kwong Wah Eric Fan of Shanghai Commercial Bank highlights how the company drives fintech growth through digital transformation.
Commentary
Electronic trading proves its strength in times of volatility