Staff Reporter
ZA Bank unveils payroll service with limited-time coupon
ZA Bank unveils payroll service with limited-time coupon
With the coupon, users can earn HK$1,775 in interest for a 90-day period.
PT Indonesia Infrastructure Finance's groundbreaking achievements recognised at ABF Corporate & Investment Banking Awards
This highlights their pioneering efforts in sustainable finance and innovative deal-making.
Lower costs, new lending buoy Yes Bank’s improving profits
New lending will help it meet rules, and in turn reduce operating expenses.
Taiwanese banks’ bad loans fell in May
The coverage ratio of allowances for NPLs rose to 811.56%.
South Korea’s household loans up 0.5% in H1
The outstanding balance of all household loans is KRW4.4t as of June 2024.
Fave Singapore clinches in-principle approval in Singapore
It can now offer account issuance and domestic money transfer services in SG.
South Korea names 10 domestic systemically important banks for 2025
They are required to log a 1% additional capital surcharge in 2025.
Maybank SG prevents S$1.21m loss across 19 cases
The bank worked with the SPF to intervene in 19 scam cases.
Value of loans to SG SMEs fell by 42% in 2023
There were less SMEs earning $300,000 a month who took out loans.
Asian Banking & Finance and Insurance Asia Forum 2024 arrives in Manila this October
Join us as we chart the course for a resilient, innovative, and thriving future in the financial sector.
CIMB teams up with DHL to mitigate 20% of air shipments’ carbon emissions
CIMB will roll out the programme in its Malaysia and Singapore operations.
China’s investment banking fees drop 33% as ECM falls to 15-year low
The value of IPOs by Chinese issuers also fell to a decade low.
Alipay+ payments now available in European taxi app FREENOW
Tourists from China, Hong Kong, and Malaysia can use their local e-wallet to pay.
DDEx’s digital token trade value triples in 5M 2024
Active trading clients have also grown by 36% during the period.
Norinchukin’s planned foreign bond divestment will hurt profits
The bank has about $13.63b (JPY2.25) in unrealized losses.
Malaysian Islamic banks’ funding clean-up could take up to 5 years
Islamic banks need to strengthen their deposit base.
HSBC, Visa team up to develop multi-currency app Zing
Users can hold funds in 10 different currencies and transact in 200 countries.
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