News
Barclays to establish private bank booking centre in Singapore
Barclays to establish private bank booking centre in Singapore
The bank will provide quasi-institutional investment solutions.
Improved lending to MSMEs needed: central banker
MSMEs make up almost a third of India’s nominal GDP.
Bank Central Asia's net profit climbs to $2.9b in 9M 2024
Net interest income grew by 9%, reaching $4b.
Hong Kong central bank welcomes complete migration to Credit Data Smart
Banks and lenders now operate under a multiple credit reference agencies model.
Vietnam’s debit card payments to reach $65.6b in 2028
Debit card use is dominant, but still limited to cash withdrawals.
Maybank Singapore unveils second lifestyle banking space
It features a biophilic design and has a Joe & Dough cafe at the entrance.
Citi unveils real-time 24/7 liquidity mgmt solution in Thailand
With 7-Day Sweeps, cash concentration capabilities are extended to non-business days.
HSBC Singapore offers zero-fee international transfers to over 60 currencies
Amongst markets covered are Malaysia, Indonesia, South Korea, and the UAE.
Why Singapore banks are a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
Patents for 3D secure transactions nearly double in 2023
Payment entities are looking to strengthen their security to combat online threats.
MUFG employee steals up to $12.9m from safe deposit boxes
At least 60 safe deposit box lessors are affected, the bank said in a statement.
Visa inks MOU with Thames International, PH city for MSME digital payments push
Baguio City has 19,874 micro enterprises.
Hong Kong’s ZA Bank offers crypto trading services to retail users
Global crypto market capitalization has surged 90% to over US$2.3t.
Islamic finance needs to expand pool of skilled professionals: CIIF
CIIF signed three MOUs to develop the talent pipeline of the Islamic finance industry.
How virtual cards can benefit wholesale and retail trade, healthcare
These cards can help businesses better manage their margins.
Authorised payment scams rise as a major fraud trend
E-commerce, phishing, job scams dominate reported fraud cases.
Private fund tokens may be the future of investing
Kinexys seeks to keep a token’s sensitive financial information from prying eyes.
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1. Etiqa, Maybank launch Singapore's first Takaful in 10 years 2. Johor-Singapore economic zone seen attracting regional firms: OCBC 3. HSBC clinches Citi banker to head int’l wealth hub in Singapore 4. OCBC launches bespoke tokenised bonds for corporate investors 5. DBS Bank India names Rajat Verma as CEOResource Center
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
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Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks