Staff Reporter
Malaysia’s credit, charge card market value grows to $50.5b in 2024
Malaysia’s credit, charge card market value grows to $50.5b in 2024
Credit and charge cards make up 60% of all card payments in the country.
OCBC completes buy of PT Commonwealth Bank Indonesia
Full integration is targeted for Q4 2024.
India's urban e-commerce thriving amidst economic challenges: report
Pandemic-induced restrictions accelerated the adoption of e-commerce.
MAS not extending pause on DBS’ non-essential activities
DBS will still keep the 1.8x multiplier in risk weighted assets, however.
Unlocking the future of finance: Asian Banking & Finance Forum 2024 arrives in Jakarta
Immerse yourself in the pulse of financial evolution at this premier gathering that unites visionaries from banking and finance across Asia
Transport Minister Chee Hong Tat joins MAS Board of Directors
Chee will serve three years from 1 June to 31 May 2027.
Rich heritage meets unparalleled digital capabilities and expertise
Standard Chartered Singapore has driven commerce and prosperity through its unique diversity, and its heritage and values are expressed in its brand promise, here for good.
How banks should rethink pricing
It’s not just about how much customers pay but also what benefits they get.
Hang Seng Bank floats Q1 dividend of HK$1.2 per share
The payment date is set for 6 June.
HSBC’s profit dips to $12.7b in Q1; special dividend after Canada sale
A first interim dividend of $0.1 per share has been approved by the board.
Indonesian banks tout sound profitability and capitalisation
Only a fraction of restructured loans will become bad loans, Fitch said.
Depositors ‘flight to safety’ to benefit China Merchants Bank
Focus on wealth and deposits over loans has boosted its liquidity.
Japanese banks back fund to develop space industry
SMBC, MUFG, and Mizuho Bank are all named limited partners.
India changes criteria for small banks seeking to be universal banks
Net worth lowered, but must be profitable in the past two years.
Alipay+ enables 14 foreign e-wallets to pay in Hong Kong
About 90% of HK merchants now accept payments using foreign e-wallets.
Manulife, Standard Chartered expand 2016 ties
Manulife will gain access to the bank’s clientele.
PH banks maintained loan standards in Q1
An estimated 3 in 4 banks maintained credit standards for housing loans.