Staff Reporter

UOB Malaysia unveils supply chain management services in UOB Infinity platform

UOB clients will be able to digitally connect to buyers, suppliers, and distributors across Asia.

Citibank China clinches Futures Margin Depository Bank approval

It is the first American bank to clinch the approval.

OCBC’s Wisma Atria branch launch new partners, celebrates anniversary

The branch receives 7 times more credit card applications compare to banking-only branches.

MUFG closes $404m green loans to build two data centres in Jakarta

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

South Korean banks’ deposits up by $21b in August

Transferable deposits and time deposits both grew.

Korean banks’ lending to corporates, SMEs rise in August

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

HSBC names Lok Yim as regional head of APAC global private banking

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

YouBiz unveils multi-currency corporate cards in Singapore

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

Australia’s Zip teams up with Primer to accelerate US expansion

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

Singapore’s banking customer experience stagnates in 2023: Forrester

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

‘Optimism’ drives credit activity growth in Hong Kong

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

Mashreq Gold earns Wealth Management Platform of the Year award for Digitisation Initiative

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. 

Citi makes new appointments in APAC treasury and trade business

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