News
OCBC issues green trade finance facility to Seatrium
OCBC issues green trade finance facility to Seatrium
The trade facility, with issuance of Banker’s Guarantee, is worth about S$1.04b
Hang Seng boosts digitalisation efforts, reveals HK’s first Smart Teller
Hang Seng reveals three new service and operational solutions.
Korea's NHI&S picks Citi as global custody provider for business expansion
A South Korean securities firm is expanding its business model to include trustee services.
HSBC builds up China green finance team: report
It also mulls offering carbon offset products to customers, a source said.
South Korea to let overseas firms enter its FX market: report
Authorities target its implementation by Q4.
South Korea’s household loans rise 3.5% in June
Demand for bogeumjari loans and jeonse loans drive mortgage loan demand.
AUB Philippines chairman title goes to Jonathan Ng
Ng will succeed Abraham T. Co, who has been elected as Vice Chairman.
Grow Finance, Pismo issue credit card for SMEs in Australia
This collaboration aims to provide business owners with improved cash flow management and capital.
SMBC Group's Jenius Bank offers personal loans to US market
Jenius Bank plans to expand its services through savings products and a mobile app.
Hang Seng Bank, Chubb ink 15-year bancassurance partnership
A lucky draw quiz will be open to commemorate the partnership.
J.P. Morgan appoints leaders for APAC commercial banking
These appointments will take effect on 1 August.
UnionPay inks deal with Cambodia to promote QR cross-border payments
It aims to benefit residents of both countries in cross-border mobile payments.
OCBC, Ascenda to offer more transfer options for rewards currencies
It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.
Major Korean banks asked to prepare $4b to buoy distressed credit cooperative: report
The credit cooperative saw customers withdraw funds last week after reports of a rise in bad loans.
Citi Commercial Bank unveils CitiDirect Commercial Banking platform
It will be available to customers in Hong Kong, Singapore, and India in H2 2023.
DBS sells 77.8% stake in AXS to Tower Capital Asia
AXS became a subsidiary of the bank in 2006.
India’s HDFC to offer 2% shares in NSDL IPO
This is equivalent to four million equity shares.
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