APAC

Which countries charge the highest ATM withdrawal fees?

The Philippines is the most expensive place in Asia to withdraw cash via ATM.

Survey shows half of commuters in APAC need a more efficient way of paying their fare – Visa

About 45% of commuters from APAC were open to fare capping if implemented.

Carbon offset purchases to be a $100b market by 2030

Financial institutions will play a large role in enabling carbon credit financing and carbon offset purchases, says Deloitte.

Citi names Gunjan Kalra as APAC head of Citi Commercial Bank

Kalra has been APAC head of corporate sales and solutions since 2021.

Alliance Bank Malaysia's Virtual Credit Card wins New Consumer Lending Product of the Year at Asian Banking & Finance Awards

The revolutionary Virtual Credit Card with Dynamic Card Number feature sets new standards in digital banking, offering enhanced security and eco-friendly transactions.

Alliance Bank's Alliance Digital SME Honored as Financial Inclusion Initiative of the Year - Malaysia

Its transformative Alliance Digital SME earns recognition for its seamless digital banking journey and significant shift towards branchless banking.

Asian fintechs to outpace global competitors; China posts tepid growth

S&P Global’s latest report shows Asia’s fintech growth may be gradual for 2023, but small and emerging economies will keep the region steady.

Fintech funding slows to 10-year low as investors tout quality over quantity

Asian fintechs clinched US$5.1b in investments in H1, lower than $45b in H1 2022.

Citi Global Wealth unveils ULTIMA credit card for private bank clients

Singapore’s UHNW clients’ spending outpaced pre-pandemic spending by 56%.

Ardshinbank clinches top honour as the Domestic Retail Bank of the Year - Armenia

Their exceptional growth and customer-centric approach secure the prestigious ABF Retail Banking Award.

Exceptional banks and financial institutions recognised at Asian Banking & Finance Awards 2023

Industry players across the region gathered in Singapore to celebrate their wins at the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards

Asian banks see market cap value jump in Q2: study

Of the 25 global banks included in the report 13 are headquartered in Asia.

Citi Commercial Bank unveils CitiDirect Commercial Banking platform

It will be available to customers in Hong Kong, Singapore, and India in H2 2023.

M&A not the only route to enter Asia’s financial markets: expert

Asia Pacific sellers are faring worse than their global peers post-acquisition, according to a report by PwC.