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Thailand publishes revised consultation paper on virtual bank framework
Thailand publishes revised consultation paper on virtual bank framework
BOT will propose licensing regulations by July.
Maybank Singapore to maintain capital, liquidity above regulatory waters: Moody's
The bank hopes to keep a low problem loan ratio of around 0.5%.
Mox receives licence for HK-US equity trading services
The licence makes it the first Hong Kong virtual bank to offer this service.
MDBs certain on new financing principles with Paris Agreement targets
The collection of technical papers showcases their strategies and plans correlating to the Paris Agreement.
Maybank's asset quality, profitability to remain stable: Moody's
Despite the sluggish economic growth, the bank’s problem loan ratio is predicted to stay at 1.5%.
Hong Leong Islamic Bank names Dafinah Ahmed Hilmi as CEO
She spent the last 19 years working at HSBC.
Japanese regulator sounds out megabanks on China geopolitical risks: report
Its three megabanks have a total credit exposure of $64b to China.
Stable profits buoys Public Bank HK’s resilient credit profile
However, higher funding and credit costs will weigh down on profitability.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
IndusInd Bank, Wise offer remittance services to US, Singapore
Internationally-based Indian citizens can remit from Singapore and the US.
JCB cards now serviceable through EazyPay in Bahrain
JCB card holders can now be used through the Bahrain-based service provider.
CIMB Singapore launches CIMB Bank Express
It uses chat bots, anamorphic displays, and interactive screens to support self-service banking.
How experts see the digital battleground of banks, payment firms
Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends.
India’s Axis Bank names central bank ex-deputy governor as non-executive chairman
N.S. Vishwanathan will assume the role on 27 October, pending approval.
Bank of East Asia extends weekend business hours in three branches
They will be open from 1PM to 5PM until 9 July 2023.
No changes to Hang Seng Bank's HKD dollar prime, savings deposit rates
Savings accounts with a total relationship balance of HK$1m or above will enjoy a bonus interest of 0.001% per annum.
MAS provides Sygnum IPA for licence
This expands their offering of regulated crypto brokerage service.
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