News

Maybank Singapore unveils CPF time deposit for 2.9% per annum

They must allot at least S$20,000 from their CPF ordinary accounts to the time deposit account.

Thailand’s Krungsri teams up with Klook to elevate position in travel market

Exclusive privileges will be offered to the bank’s customers.

Weekly Global News Wrap: Citi to cut 20,000 jobs in two years; Spain’s BBVA expects higher dividend payout

And crypto firms in UK are introducing new risk assessment and profile tests ahead of stricter regulations.

Hong Kong’s Bank of East Asia inaugurates tower in Qianhai

It will serve as the bank’s strategic hub in the Greater Bay Area.

Krungsri launches cross-border QR payments to Hong Kong

Travelers need only to pay using the KMA krungsri app.

BRI’s BRImo app now has 30.4 million users

There were only 2.9 million users in 2019, in comparison.

HSBC to distribute Schroders multi-asset income fund

The launch of the fund comes as a response to the current high inflation and interest rate environment.

BDO to issue $89.2m in fixed-rate sustainability bonds

It has a tenor of 1.5% years and a coupon rate of 6.025% per annum.

Automation boosts efficiency in treasury

Excellence in treasury management is key to superior financial performance.

1 in 3 Singaporeans use digital investment apps

There is a desire in the local population to increase private wealth, says UnaFinancial.

BPI doubles GCash e-loading fee

GCash loading via ECPay fee will be charged PHP10 starting March.

Malaysia’s Alliance Bank opens new branch in Saradise Kuching

The branch has launched exclusive offers to commemorate the launch.

South Korea to fine two global investment banks for naked short selling: report

The two banks made five naked short selling orders between 2022 and 2023.

Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS

Around 38,000 accounts now make use of local banks’ money lock feature.

Boost-RHB digital bank clinch official approval to commence operations

Boost Bank aims to pave the way for a new era of embedded finance