Staff Reporter

This is MUFG’s second project financed greenfield data centre transaction in APAC in 2023.

Transferable deposits and time deposits both grew.

Loans extended to large corporations and SMEs both rose during the month.

Demand for other loan types fell, however.

Yim joins from Deutsche Bank, where he was CEO of its Hong Kong business.

The card can be issued in 9 currencies without FX fees or monthly subscription fee.

Primer is expected to help drive distribution of Zip’s BNPL services in the market.

Citibank and DBS improved their CX scores, whilst three other banks got lower scores.

Hong Kongers are more optimistic about their household finances for the next 12 months.

By integrating advanced technology with personalised service, the firm’s all-in-one digital platform offers affluent clients a comprehensive suite of wealth management tools. 

The raise will come into effect on 18 September.

Sumanta Panigrahi is the new APAC TWCS head, whilst Thus De Silva is the new APAC head of commercial cards.

He will start in his new role on 25 September.

The bank has already directed close to $9.6b in sustainable finance since 2021.

Delve into the perspectives of Bain & Company’s Edy Widjaja on thriving amidst digital banking challenges and seizing emerging opportunities in Southeast Asia.

Rising geopolitical risks, reduced global integration, and fragmented payment systems are driving a shift toward a new global economy.