News
Indonesia Eximbank targets $218-M bond sale
Capitalizing on low borrowing costs.
ICBC to buy 80% of Standard Bank Argentina
The largest bank in Latin America.
Bank of China eyes cheap overseas acquisitions
Acquisition of cheap financial assets overseas.
CIMB launches investment banking operations in Australia
The launch follows its acquisition of RBS.
Bank of China (Hong Kong) to launch private banking services
You’re entitled if you have at least $2 million to invest.
India considering quantitative easing
India looks to cut interest rates to prod growth.
Philippine banking sector dominated by 5 banks
5 banks account for 47.5% share.
Mandiri seeks to benefit Indonesians through payment system
Best service to 110 million Indonesians.
Asean to launch banking integration framework
Asean Financial Integration allows greater flexibilites.
SME financing taken on by Chinese local governments
China introduces a new category of bonds specifically for SMEs.
JP Morgan launches direct custody & clearing platform in Hong Kong
Michael Drumgoole was appointed as Asia Pacific head of the business.
StanChart Singapore, MasterCard launch first ever interactive payment card
The card has touch-sensitive buttons!
Westpac profit drops 15%
Westpac Banking Corporation profit has fallen to US$6.2 billion.
No job cuts in HSBC India
Immunity from job losses highlights India as key profit center.
Maybank to expand by 144 branches in Asean in 3 years
144 Asean branches in three years.
Thai banks tailor loans for real estate
Adjust strategies for real estate developers.
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1. Franklin Templeton gets approval to launch first retail tokenised fund in Singapore 2. UOB maintains profitability despite possible slower loan growth 3. Sea rebrands digital finance business SeaMoney to Monee 4. Japan’s SMBC is buying a 20% stake in India’s Yes Bank 5. Vietnam’s finance sector faces digitalisation challenges despite eased regulationResource Center
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