News

The bad loans ratio fell by 0.01 percentage point, according to the FSC.

Financial institutions may send their entries to the Wholesale Banking Awards, Retail Banking Awards, and Corporate and Investment Banking Awards until 3 May 2024.

NETS FlashPay Cards can be exchanged for NETS Prepaid Cards at any 44 SimplyGo Ticket Offices.

The bank collaborated with actor and director Stephen Fung for its launch campaign.

The app falsely uses the Hang Seng Bank logo.

Banking industry is expected to reap $200 to $340 billion USD largely by using generative AI to increase productivity.

The proportion of bad loans rose whilst resolved loans decreased by around US$1.29b.

Outstanding loans extended to SMEs expanded by 7.9% during the month.

It has also reintroduced the Intraday Settlement Facility for banks.

Even unsuccessful loan applicants can receive a reward.

About 41 individuals have fallen victim to scammers, with $2.6m in losses.

Asian Banking & Finance will be back on 8 January 2024.

Parksuwan has worked for Citi Thailand and HSBC Bank Thailand.

The Japanese banking giant is acquiring 100% of issued shares of Link Group.

The new targets are in the automotive and maritime transport sectors.

And Germany seizes $790m from the bank account of a Russian financial institution.