News

Fee income will support the bank’s profitability

It has appointed Joanne Ng as new desk head for its Singapore team.

Guidance will be tailored based on employees’ role and internal mobility pathways.

First 1,000 customers to complete transactions worth HK$1,000 can get a rebate.

Leading voices from Google, HSBC Life, and GXS Bank will come together on 25 September to discuss critical issues shaping the banking and insurance industries.

Programmable Rewards is aimed at companies and public agencies seeking to streamline campaigns, among others.

It logged more slippages or bad loans due to reclassification.

But rising NPLs in auto loans and unsecured consumer loans can be a problem.

It is open to payment service providers, overseas deposit takers, and designated FMI operators.

They failed to be a member of AFCA, or failed to lodge compliance certificates, amongst other reasons.

The bank will provide HKGX services such as account opening for its members.

Fred Lam Tin Fuk served as AAHK CEO from 2014-2024.

This marks the second consecutive quarter of declining confidence.

CGS International observed higher rejection rates and mortgage rate increases.

Margins will fall in the near-term, but pressures will ease as deposit costs fall.

The bank has adequate buffers, with reserves covering 174.4% of its NPLs.