News
Techcombank reports profit before tax of $1.09b in 2022
Techcombank reports profit before tax of $1.09b in 2022
Net interest income grew 13.5% during the year.
Citi named sole arranger of CABEI’s 10-year JPY7b and 10-year US$130m ESG bonds
The bonds will be issued to Japanese and Taiwanese investors, respectively.
Mortgage loans in Hong Kong drops by nearly 10% in December
Loans stood at HK$25.6b during the month, the Monetary Authority reported.
Natixis CIB names Cécile De Sousa as APAC COO
De Sousa will focus on developing domains of merging tech for the bank.
Natixis names Gregoire Bielle as APAC head of private credit sales
Bielle will be responsible for the bank’s private credit sales team in APAC.
Natixis names William Xiong as new head of loan syndicate for APAC
Xiong first joined Natixis CIB’s loan syndication team in 2017.
Deutsche Bank names Johanes Oeni as SEA head of international private bank
Prior to his new role, Oeni led the WM business of Credit Suisse in Indonesia and Malaysia.
Hong Kong banks offer up to 30% salary raise amidst talent crunch
Talents for in-demand roles can clinch salary increments as high as 30%.
Sustainable fund inflows reach record high, but Asian firms register slowdown
Asia ex-Japan and China lost $22m of funding in Q4.
Bank of the Philippine Islands' issues $373m fixed-rate bonds due 2024
BPI Rise Bonds have an interest rate of 5.75% per annum.
UnionBank net income up 12% to $233.59m in 2022
Revenue hit a record high, whilst consumer loans rose after acquiring Citi’s assets.
Thailand's KBank targets 5-7% loan growth in 2023
Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
High inflation, interest rates may increase Southeast Asian banks’ loan problems
Both asset quality and profits will weaken but should be manageable, says Moody’s.
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed Cecil Branch and Premier Centre.
Hong Kong’s card payments market to hit $106.7b in value by 2026
But rising interest rates and ongoing geopolitical tensions threaten growth.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
Chart of the Week: India’s card payments market to reach $581.2b by 2026
The card payments market value grew 26.7% in 2022, according to estimates.
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