News
S.K.’s FSC raises KRW73.8t in policy funds for venture capital in FIs
S.K.’s FSC raises KRW73.8t in policy funds for venture capital in FIs
This exceeded the initial supply plan of 66.7% by August and achieved 80.4% of the annual target.
Thailand’s TMB Thanachart Bank to see higher profits in Q3
Net profit is expected to come at around $117.5m, 14% higher than a year ago.
DBS clinches most investment banking fees in Singapore
Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting.
Singapore’s investment banking fees decline on fewer M&As
Banks also recorded lower DCM fees compared to the first nine months of 2022.
Australia’s NAB fiend A$2.1m for wrongfully charging fees: report
Over 3,000 customers were affected.
CIMB Philippines triples revenue, doubles loan portfolio in H1
The digital-only bank now has 7.13 million customers in total.
Public bank ties up with gov’t to finance SMEs
Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.
Financial fitness is a major factor when it comes to the quality of life: Study
Developed markets scored lower than those in emerging markets.
Strong regional earnings boosts MUFG’s profits
In case of trouble, MUFG has a high likelihood of getting government support.
BOCHK Hong Kong dollar interest rates stay the same
Savings accounts with a daily account balance over HK$1m will enjoy a bonus rate.
CEO TG Limcaoco to speak on BPI’s digital transformation at Manila forum
Bank of the Philippine Islands (BPI) has a big and bold ambition — that is to have 50 million customers by 2026; and it intends to do it by embracing digital innovation for banking excellence.
10 overseas e-wallets now usable in China
Alipay+-in-China’s programme added seven new Asian e-wallets.
HSBC earmarks $1b to support climate tech start-ups
They hope to fund start-ups offering a range of climate tech solutions.
SCB, SMBC act as lead arrangers, coordinators for €500m green loan
The Thai company plans to use proceeds for refinancing purposes.
BOCHK warns of 9 fraudulent websites, phishing email
It has reported the case to local authorities.
BEA warns against 16 fraudulent websites
It has reported these sites to the local police and the HKMA.
HSBC taps 8 ex-Credit Suisse bankers for equities business: report
Appointments were for Hong Kong, London, New York, and Mumbai.