News
PT Bank Permata launches travel, dining card for affluent clients
PT Bank Permata launches travel, dining card for affluent clients
Priority customers can avail 20,000 airline miles, subject to conditions.
Woori’s billion-dollar insurance buys will have little impact on banking arm
Woori Bank is expected to maintain its asset quality, although NIM may narrow.
Banks must expand net zero targets, set clearer O&G goals: org
Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.
PH banks’ loans up 10.4% in July
Growth of loans to residents slowed over the month.
Hong Kong fines WeChat Pay HK for legal breaches
WeChat Pay Hong Kong self-reported the case.
Proposed bill lets police block bank transactions in ongoing scams
The bill does not cover traditional cheating cases involving in-person interactions.
Asia Pacific drives 54% of bancassurance market growth
The market is seen to expand by 6.74% this year.
UNOBank pushes embedded finance in Philippines
The platform seeks to boost its digital banking business and expand financial services.
HSBC Singapore names James Coyle as independent non-exec director
Coyle had previously served on the boards of HSBC UK and HSBC Trust.
Higher deposits, wealth buoy BOCHK to 17.9% profit rise in H1
Interim dividend for the period is HK$0.57 per share.
Siam Commercial Bank unveils tap-to-pay service
It is available via the Mae Manee app.
MUFG boosts energy market presence with trading approvals, stake buy
It has clinched approvals from TOCOM and the Japan Securities Clearing Corporation.
Thaioil takes up sustainable deposits, linked swaps with SCB
Funds from deposits will support projects that reduce environmental impact.
India warns against fraudsters’ posing as central bank employees
They would use fake letterheads or threaten to close bank accounts.
Trust Bank set to be Singapore’s 4th largest retail bank by end-2024
It now has over 800,000 customers in the Lion City.
Trust Bank unveils cashback card with 15% bonus rate
Until 31 December, new customers get an unlimited cashback of 1.5%.
HKMA launches sandbox to accelerate tokenisation adoption
The sandbox will facilitate interbank settlement using experimental tokenised money.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?