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Hang Seng Bank’s profits up 79% in H1; HK$1.1 per share interim dividend declared
Hang Seng Bank’s profits up 79% in H1; HK$1.1 per share interim dividend declared
Operating profit rose 67% compared to a year earlier.
MAS unveils revised framework to strengthen anti-ML controls in single family offices
There will be harmonised class exemption for SFOs who meet specific requirements.
Bank of China Hong Kong to conduct system maintenance in 6 August
Services affected include ATM transactions and the BOCHK website.
UnionDigitalBank, Capital A launch embedded finance services in the Philippines
Amongst services to be offered is the “Fly Now, Pay Later” flexible payment option.
China taps banks to bolster cross-border trade, offer financial support
Additional support will be provided for export-related credit insurance.
Standard Chartered Asia's income up 23% in H1
11 Asian markets registered record incomes.
Bank of China Hong Kong warns of fraudulent website
The case has been reported to the HKMA and the local police force.
Singapore to eliminate use of all corporate cheques by 2025
Cheque transactions have declined by almost 70% between 2016 to 2022.
Hang Seng Bank raises HKD prime lending rate to 5.875% per annum
Its savings deposit rate is also being increased.
BEA raises standards savings rate to 0.875%
Its HK dollar prime rate has been increased to 6.125% per annum.
Bank of China (Hong Kong) adjusts HKD prime rate to 5.875%
The savings deposit rate will also be adjusted to 0.875% for accounts with a $5,000 balance and above.
UOB net profit up 53% in H1; 85 cents interim dividend announced
Net profit was S$1.4b in Q2 when including the one-off Citigroup integration expenses.
StashAway, family office firm to offer clients with more investment options
ACP clients can invest in private equity managers such as KKR, SilverLake, and Khosla Ventures.
BigPay revamps mobile application interface
The redesign now features a floating navigation bar.
South Korean banks to maintain eased lending stance in Q3: report
There are less banks who will ease their lending stance compared to Q2 and Q1, however
Malaysia’s Public Bank extended $2.6b 'affordable home' loans in 2022
The bank has given out RM67b in commercial loans to Malaysian SMEs.
Exceptional banks and financial institutions recognised at Asian Banking & Finance Awards 2023
Industry players across the region gathered in Singapore to celebrate their wins at the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards
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