News
Citi names Luke Lu as head of banking in China
Citi names Luke Lu as head of banking in China
He will oversee all of Citi’s business and operations in China.
SMBC subsidiary establishes aircraft financing, leasing platform
The investment is targeted at US$1.5b for a three-year period.
BPI Debit Mastercard to undergo maintenance on 4 Feb
ATM, e-commerce, and POS transactions will be unavailable from 12AM to 12NN.
Bangkok Bank enables remote account identity verification through Boonterm kiosks
Customers need only a smart Citizen ID card and their reference code from the app.
Thailand banks’ profits underperform in Q4
Thai banks are expected to see THB130b in new bad loans in Q1, UOBKH warns.
Hong Kong banks should play ‘long con’ to reap 2025 growth benefits
2024 is expected to be challenging for Hong Kong banks, KPMG reports.
Higher loan demand, low credit losses spell better year for PH banks
Philippines’ digital banks will continue to make losses due to weak asset quality.
Alipay+ unveils campaigns, promos for Chinese New Year
These include special voucher bundles of up to 90% off.
Thailand’s KBank targets 5% loan growth in 2024 under ‘3+1’ strategy
The bank is scaling up its wealth advisory business to grow fee income.
Mizuho names crisis chief for specialty assigned matters
The position change is effective on 29 January.
SMBC’s Indonesian arm begins offering ESG deposit product
BTPN will earmark deposits made under this for financing in the ESG field.
Majority of Philippine banks to maintain lending standards in Q1: survey
Banks maintained their credit standards for households, corporates in Q4.
MUFG China clinches lead underwriting license for corporate panda bonds
It will be able to support clients to participate in bond issuance by offshore companies.
SMBC, RCBC ink MOU to promote foreign direct investments to the Philippines
They do this alongside the Philippine Economic Zone Authority.
AIA HK and Citibank donate ARIA test machine to HKLSS, commemorates 10th year
The donation hopes to benefit 3,000 individuals in need of early detection diseases and strokes.
UOB Malaysia establishes inaugural Islamic debt programme
Tier 2 Sukuk Wakalah was given a fixed profit rate of 4.01% per annum.
OCBC expands money lock feature to time deposits
The feature has been used by 30,000 customers.
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