News

Siam Commercial Bank offers 0% interest solar panel installation packages

The package includes solar panels, inverter equipment, and installation.

HSBC Hong Kong’s real estate risks to persist through 2025

The bank should see good profitability, strong capitalization, and adequate liquidity, however.

Siam Commercial Bank, Praram 9 Hospital to develop ESG-aligned financial products

Praram 9 Hospital is the first private hospital to join the Sustainability Deposit initiative.

Singapore banks well-positioned to manage challenges: MAS

The banking system has strong capital and liquidity buffers, the central bank said.

UOB, SGE ink MoU to deepen gold market cooperation

UOB is the only bank providing gold products in Singapore.

Financial crimes to continue to squeeze bank profits

More sophisticated crooks and stricter rules are expected to increase compliance costs.

SBI Funds Management names Nand Kishore as managing director and CEO

SBI Funds Management is a JV between the State Bank of India and Amundi.

DBS inks MOU to assists Japan SMEs’ Asian expansion

DBS will provide financing and professional services support.

Asia’s finance leaders put transformations on hold due to cost challenges

Cost allocation remains a key focus for finance leaders in 2024.

GHL’s Malaysia terminals can now accept cross-border payments via DuitNow QR

Over 480,000 merchant touchpoints are covered by the expansion.

Hong Kong lenders chase after small-ticket loans, maintain tight standards

They’ve embedded services in digital wallets to increase to get more customers.

Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts

Costs are expected to rise and liquidity to fall over the next year.

Maybank's net profit up 8.5% in 9M FY2024

Non-interest income growth pushed up its profits.

China's financial sector intensifies efforts to stabilise economy

The transformation of the monetary policy framework has also accelerated.

MAS issues 14-year prohibition orders against Loh Sheng Yang

Yang was convicted of cheating, forgery, and acquiring criminal benefits.