News
DBS, IMDA future-proof SMEs with Spark GenAI
DBS, IMDA future-proof SMEs with Spark GenAI
The bank plans to engage 50,000 businesses over the next two years.
Global body eyes broader use of unique ID by SMEs
Cross-border payments, supply chain and trade, and ESG will drive greater adoption.
Siam Commercial Bank inks MOU with Thailand Privilege Card
It will provide financing and investment services to card members.
SMEs, crypto regulations key to Bahrain’s fintech ambitions
Stablecoins and crypto payments are areas of interest for the central bank.
JPMorgan Chase Bank fined $2.4m for oversight lapses in bond transactions
The bank had already paid the civil penalty.
Philippine bank loans up 10.6% in October
Consumer loans grew by 23.6% in the same month.
Mizuho Bank absorbs subsidiary to streamline operations
This aims to enhance the bank's call centres and online services.
MUFG Bank to acquire robo-advisor WealthNavi for $662m
The bank is offering 1,950 yen per share.
MUFG Bank sells 25% stake in Home Credit PH for JPY26.5b
Security Bank, which is 20% MUFG-owned, is buying the HCPH stake.
Malaysia logs 5.1% non-bank sector credit growth in October
Business loans and corporate bonds boosted credit for the month.
Hong Kong total deposits up 5.8% YTD in October
Hong Kong dollar deposits grew, but renminbi remittances fell.
CIMB Group’s profit rise 12.57% in 9M 2024; EPS is MYR18.98 for Q3
The group expects its net interest margin to normalise and see some pressure in Q4.
Mastercard, ADB promote financial inclusion in APAC MSMEs
Mastercard’s fund is allotting $5m to the ADB.
Thailand’s banking system loans contract 2% in Q3
Loans to petrochemical, electronic, and automotive sectors fell.
Vietnam’s central bank urges credit firms to reduce loan fees, simplify process
Credit institutions are asked to review fees with view of possible exemptions.
Three Indian banks penalized for lending violations
Two banks sanctioned loans to its directors, the RBI stated in separate notices.
HKMA launches digital bond grant scheme to boost digital securities market
Issuers of eligible digital bonds may receive a maximum grant of $2.5m.
Thought Leadership Centre
In Association with
In Association with
Most Read
1. Etiqa, Maybank launch Singapore's first Takaful in 10 years 2. Johor-Singapore economic zone seen attracting regional firms: OCBC 3. HSBC clinches Citi banker to head int’l wealth hub in Singapore 4. OCBC launches bespoke tokenised bonds for corporate investors 5. DBS Bank India names Rajat Verma as CEOResource Center
Read Here
Advertise
Sign Up
Events
Event News
ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
Commentary
Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks