News

Both asset quality and profits will weaken but should be manageable, says Moody’s.

The promotional rate is available only at RHB’s refreshed  Cecil Branch and Premier Centre.

But rising interest rates and ongoing geopolitical tensions threaten growth.

NIMs will rise but the expansion could decelerate due to higher funding costs.

The card payments market value grew 26.7% in 2022, according to estimates.

And Barclays names ex-Credit Suisse dealmaker as head of investment banking.

Only 28 new loan commitments were recorded in 2020 and 2021.

Ratio reflects loans overdue by at least one month.

The bank aims to recover INR10b in the current quarter, its chief executive said.

The multiple interest rate raises will begin to bite on issuers.

Over 2.3 million users actively used a digital lending platform at least once a month.

Users just need to scan their HKID to get both cash and a digital card in a single application.

Beginning July, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing’s customers.

Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.

Added-value benefits of using cards help maintain its dominance.

Minimum investment amount is S$1,000.