News
Ping An Bank with enough capital for proposed higher dividends: analyst
The China-based bank has proposed to pay a 30% dividend in 2023.
1 hour ago
Ping An Bank with enough capital for proposed higher dividends: analyst
The China-based bank has proposed to pay a 30% dividend in 2023.
1 hour ago
BOCHK warns of fake websites
The websites reportedly intend to steal customers’ data.
1 hour ago
1 in 4 e-commerce transactions in India use alternative payments
Cash makes up barely 1 in 10 of transactions, according to GlobalData.
1 hour ago
Mastercard and Alipay enable real-time remittance in over 180 markets
Alipay’s 1 billion users in China can now transfer and pay with over 150 currencies.
1 hour ago
Hong Kong reports 8,600 average withdrawals per ATM in a month: study
Average usage levels per ATM is expected to rise as the number of ATMs decreases.
1 hour ago
Are ATM cash withdrawals making a comeback?
About 2 in 3 markets studied saw ATM withdrawals rise as inflation squeezes on income.
1 hour ago
AlipayHK users benefit from Blue Cross travel insurance promotion
Travellers can purchase a five-day travel insurance plan for HK$1.
7 hours ago
Philippine neobank Zed offers credit card with no interest and no annual fees
It has reportedly received 25,000 sign-ups within three weeks.
1 day ago
Citi names Marc Luet as Asia North & Australia Cluster and Banking Head
Luet replaces Angel Ng, who is retiring on 5 April after 26 years with the bank.
1 day ago
ZA Bank has detected HK$4b of suspicious financial activities
Its real-time fraud monitoring system screens 100,000 transactions per day.
1 day ago
Taiwan credit card firms’ hold $3.34b in revolving credit as of January 2024
A total of 37.89 million cards are active as of end-January, according to official data.
1 day ago
Korea’s credit finance companies’ net income 20.7% lower in 2023
Total revenues rose, but so did expenses and bad loans coverage.
1 day ago
EXIM Thailand inks MOU with SINSOURE; to provide risk, investment support
It aims to facilitate market penetration for Thai and Chinese exporters.
1 day ago
South Korean credit card firms report $1.93b net income for 2023
Total revenue and expenses rose during the period.
1 day ago
South Korean domestic banks’ earnings rose 15% in 2023
Banks are bracing for more bad loans and raised their allowance for bad debts.
1 day ago
BDO reports 28% higher net income of $1.32b in 2023
Consumer loans and deposits both rose during the period.
1 day ago
BOCHK warns of fraudulent website in phishing scheme
The case has been reported to Hong Kong authorities.
4 days ago
Commentary
Transition and Opportunity: Southeast Asia’s Share of US$7 Trillion Value