News
Korea eases rules on overseas ownership; insurers can acquire banks
Korea eases rules on overseas ownership; insurers can acquire banks
Insurers can invest in foreign financial and non-financial companies within regulatory boundaries.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
SMBC grants $50m green loan to Thailand's Indorama Ventures
Indorama Ventures will use it for their working capital and to achieve its sustainability targets.
Asian banks see market cap value jump in Q2: study
Of the 25 global banks included in the report 13 are headquartered in Asia.
Hang Seng expands remote account opening service to HK companies with mainland shareholders
The e-Sign service can also now be used to provide signatures for loan documents.
S. Korea’s Exim Bank join forces with Polish development bank
The partnership focuses on financial support for infrastructure, transportation, and renewable energy.
Bank of Korea launches financial and economic snapshot platform
It is optimised for mobile devices to make data viewing easier for the public.
Malaysia’s Curlec by Razorpay launches payment gateway
Curlec targets RM10b in annualised gross transaction value by 2025.
E-wallet Nagad reaches 80 million account registers
This was in line with their journey of boosting the region’s SDGs.
Bank of East Asia extends Sheung Shui Branch hours to seven days a week
Its Tsim Sha Tsui and Shatin Plaza branches have reverted to regular business hours.
SkorLife empowers Indonesia’s credit landscape through education
SkorLife's unique credit-building platform transforms access to credit data, fostering responsible borrowing and financial well-being.
DBS Hong Kong to keep sound asset quality: Moody's
It is expected the bank will keep stable asset quality.
Malaysia's Public Bank funds $262,000 to eco-schools programme
The programme aims to promote climate education in schools using a project-based learning approach.
BOCHK warns of fraudulent website
BOCHK said that it has no connection to pulsboc(dot)com.
ZA Bank welcomes deposit protection hike
Raising the limit will increases awareness and trust in virtual banks, ZA Bank said.
Japan’s SMBC Group launches UK commercial banking subsidiary
It’s head office is located at 100 Liverpool Street, London.
Hong Kong mulls raising deposit protection limit to HK$800,000
The number of depositors fully protected will rise to 92%.
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The Asian connection: China's path to sustainable growth