Retail Banking

The programme aims to teach senior citizens how to use digital banking and avoid scams.

HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa.

Malaysia and Thailand will take steps to strengthen their mortgage sectors, said Fitch.

There are about 18.82 million use cases per day in Korea.

Jurisdictions such as Vietnam, Sri Lanka, are lagging behind with adoption.

Auswide Bank received a negative net satisfaction score for their range of digital products.

CEO Manish Bhai said they want to be first for their Filipino customers’ financial needs.

She has worked with HSBC Trustee for 15 years.

The digital bank is still aiming to get a full license by the end of the year.

And China’s homeowners rush to offload mortgages.

Little is known about the target bank and what incentives Vietnamese authorities offer.

It is hosted on Yahoo Finance in Singapore.

Few manage to break even, and those that do are back by conglomerates.

And UK officials classify $1.27b small business loans as suspected fraud.

BOC’s NPL ratio for mainland real estate loans rose 62 basis points in H1.

Impact of rising interest rates in the US will be mixed, the ratings agency said.