Staff Reporter
Philippine bank lending up 7.8% in January: central bank
Philippine bank lending up 7.8% in January: central bank
Salary-based loans and motor vehicle loans pushed consumer loans to a 25.2% growth.
Mizuho names new deputy group chief information officers
The appointments are effective 1 April.
Japan’s SMFG names new deputy presidents and executive officers
Kanamaru and Koike were both senior managing corporate executive officers.
Japan’s Daishi Hokuetsu Bank faces weak profits, high interest rate risks: Moody’s
Its problem loan ratio deteriorated to 2.23% in a three-year period.
Bank of Singapore names Credit Suisse banker as Greater China COO
Ronnie Cheung was appointed as Credit Suisse’s Hong Kong COO in 2021
Bancassurance market to surge 8.4% in CAGR by 2028
Market dynamics are seen to impact the stakeholders' behaviours and pricing decisions in the sector.
Ant Group raises transaction limits in China for foreign users
Ten partner wallets can now enjoy the increased limits.
China raises annual mobile payment limit of foreign visitors to $50,000
The single transaction limit has also been raised to $5,000.
Weekly Global News Wrap: US banks’ profits down 40%; NYCB loses $5b in deposits
And Greece’s biggest lender optimistic profits will grow through 2026.
Indosuez Wealth Management names two new directors to North Asia team
Indosuez Wealth Management has appointed two new directors to its North Asia Team.
Hang Seng Bank joins HKMA's Wholesale Central Bank Digital Currency Project
The project will expand the use of tokenised money in Hong Kong.
UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts
Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.
Hong Kong’s Mox Bank offers digital money transfer services in 10 currencies
Exchange fee is as low as 0.35%.
Ex-CEO, directors of Envision Wealth Management charged by MAS
They allegedly committed offences against the Securities and Futures Act, amongst others.
India’s HDFC Bank penalised by state tax officer of Gujarat
This is due to “disallowance of input tax credit” under section 73 of the CGST Act.
Trust Bank is most positively viewed financial brand by Singaporean women
It beat out other banking heavyweights and card network giants to emerge on top.
Mox Bank, CMB Wing Lung Bank warns of fake websites
Both banks have reported the incidences to the Hong Kong Monetary Authority.
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1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. NAB invests $55m to upgrade over 100 branches across Australia 4. Airwallex gains capital markets services license in Singapore 5. HSBC Singapore unveils health and wellness centre at The Star VistaResource Center
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