Staff Reporter
Filipinos collectively spent 42 years on digital lending apps in 2023
Filipinos collectively spent 42 years on digital lending apps in 2023
About 63.4% of the time was spent on platforms offering personal loans.
High-net-worth market hits 4.8% in 2023
Thanks to an improving equity market and better macroeconomic environment.
ANEXT Bank boosts cross-border transactions sixfold
About 69% of its customer base are micro businesses.
HDBank is the first Vietnamese lender to share a sustainability report
It plans to become a net zero bank.
Crackdown may slow Vietnam banking processes: S&P
Vietnamese bank’s failure reveals corruption, fraud and violations in sector.
Australia, NZ retail banks face tougher headwinds
Both loans and deposits will see increased competition.
HSBC Singapore to open three wealth centres by 2025
The bank aims to boost client-facing roles by more than a third by 2028.
Citic Group’s liquidity ‘sufficient’ for Huarong Financial buyout
By 2023, cash in hand of $3.7b was enough to cover the acquisition.
JCB and Mandai Wildlife Group offer 50% discount to cardholders
The ticket covers three parks, including Singapore Zoo.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
Malaysian bank and GHL collab to offer interest-free plan
It will be made available to more than 7,000 merchant terminals.
CIMB appoints new CEO
Novan Amirudin will overtake Dato’ Abdul Rahman Ahmad next month.
Malaysia's private sector credit grows 5.4% in April
Thanks to higher growth in both outstanding loans and corporate bonds.
GHL and BSN partner to expand in-store payment choices
Shoppers at GHL stores can now enjoy up to 36 months of BSN's 0% EasyPay.
Hong Kong mortgage loans drawdown rises by 9.9%
This was translated to $1.69b in loans.
Philippine’s bank loans expand by 9.6% YoY in April
It was higher than the previous month’s 9.4%.
DBS Taiwan Partners with Thales to issue 2-million eco-friendly cards
The bank aims to become the largest issuer of sustainable cards.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
